Latest Orderly (ORDER) News Update

By CMC AI
23 February 2026 03:05PM (UTC+0)

What is the latest news on ORDER?

TLDR

Orderly is navigating a cautious market with leverage tweaks while expanding into real-world assets. Here are the latest news:

  1. Ourbit Lowers ORDER Leverage Limit (5 February 2026) – The exchange halved maximum leverage to 50x, a risk-management move for volatile conditions.

  2. Orderly Adopts Chainlink's 24/5 Equity Feeds (21 January 2026) – The network integrated new data streams to power on-chain trading of stocks and ETFs.

  3. Project Publishes Circulating Supply Schedule (9 December 2025) – A detailed token release plan was released, projecting supply growth through 2028.

Deep Dive

1. Ourbit Lowers ORDER Leverage Limit (5 February 2026)

Overview: Ourbit Futures reduced the maximum leverage for its ORDER/USDT perpetual contract from 100x to 50x, effective 5 February 2026. The exchange mandated users to adjust open positions and pending orders to comply, aiming to mitigate potential liquidation risks during market volatility. What this means: This is a neutral-to-cautious development for ORDER. It reflects prudent risk management by a trading venue, which could stabilize the derivative market for the token. However, it also limits the speculative capital that can be deployed, potentially capping short-term trading volume spikes. (Ourbit)

Overview: Orderly Network was named an early adopter of Chainlink's newly launched 24/5 U.S. Equities Streams. This integration allows Orderly-powered DEXs to access continuous, real-time price data for stocks and ETFs, enabling the creation of on-chain perpetual futures markets for real-world assets (RWAs). What this means: This is bullish for ORDER's long-term utility. It positions Orderly's infrastructure at the forefront of the growing RWA narrative, potentially attracting new builders and trading volume. Success hinges on broader adoption of tokenized equities, but it significantly expands the protocol's addressable market. (CoinMarketCap)

3. Project Publishes Circulating Supply Schedule (9 December 2025)

Overview: Orderly Network released a detailed projection of its maximum possible circulating supply through November 2028. The schedule estimates the supply rising from ~369 million ORDER in December 2025 to ~622 million by mid-2028, with actual supply dependent on vesting conditions and performance-based distributions. What this means: This is a neutral-to-transparent update for token economics. It provides clarity on future dilution, allowing the market to price in a ~69% increase in max supply over three years. The conditional nature of distributions links new supply to ecosystem growth, aligning long-term incentives. (Upbit)

Conclusion

Orderly is actively adapting, tightening risk parameters on exchanges while strategically integrating infrastructure for the next wave of on-chain finance. Will its early bet on RWA perpetuals translate into sustained utility and demand for the ORDER token?

What is next on ORDER’s roadmap?

TLDR

Orderly's development continues with these milestones:

  1. Strategy Vaults Rollout (2025) – Enables passive yield by mirroring professional market-making strategies.

  2. $ORDER Staking on Solana (H1 2025) – Extends staking rewards and treasury ownership to Solana users.

  3. Multi-Chain Expansion (2025 & Beyond) – Supports additional EVM and non-EVM chains for unified liquidity.

Deep Dive

1. Strategy Vaults Rollout (2025)

Overview: Strategy Vaults are a core 2025 initiative designed to let users earn passive yield by delegating assets to professional market-making strategies (Orderly). The rollout will be phased, starting with a Protocol Vault to boost omnichain liquidity. This product aims to decentralize market-making and facilitate permissionless token listings.

What this means: This is bullish for $ORDER because it could significantly increase protocol fees and Total Value Locked (TVL) by attracting capital seeking automated yield. However, its success depends on user adoption and the sustained performance of the underlying strategies.

2. $ORDER Staking on Solana (H1 2025)

Overview: Following Orderly's deployment on Solana, a key next step is enabling $ORDER staking directly on that chain (Orderly). This will allow users to stake tokens and claim rewards in USDC on Solana, deepening integration and community engagement.

What this means: This is bullish for $ORDER as it expands the staking user base and could increase token utility and demand on a major blockchain. A key risk is execution delay, as this milestone was originally slated for the first half of 2025.

3. Multi-Chain Expansion (2025 & Beyond)

Overview: Orderly's "trade anywhere" vision involves supporting more EVM and non-EVM chains, including emerging ecosystems like MOVE-based chains (Orderly). This follows the successful Solana integration and aims to enhance cross-chain interoperability for its vaults and shared orderbook.

What this means: This is neutral-to-bullish for $ORDER as broader chain support could drive volume and fee growth from new user cohorts. The bearish angle is the operational complexity and competition in multi-chain infrastructure, which could dilute focus or delay other roadmap items.

Conclusion

Orderly's near-term trajectory is focused on enhancing capital efficiency and cross-chain reach through Strategy Vaults and Solana staking, which could drive fee revenue and token demand if executed well. How will the protocol balance rapid expansion with maintaining deep liquidity on its existing networks?

What are people saying about ORDER?

TLDR

The chatter around ORDER reveals a community focused on infrastructure over price, with builders and traders alike seeing it as DeFi's essential plumbing. Here’s what’s trending:

  1. Infrastructure narrative gains steam – Analysts are framing Orderly as the foundational "Exchange Layer of Web3," not just another DEX.

  2. Tokenomics in focus – A major governance proposal to redirect fees for $ORDER buybacks and a recent token burn are sparking bullish discussion.

  3. Growth metrics turning heads – Surging open interest and volume, including claims of outpacing Arbitrum in perp volume, signal rising adoption.

Deep Dive

1. @SaadxWeb3: Framing Orderly as Web3's Exchange Layer bullish

"Orderly isn’t just another DEX. It’s a shared trading engine that powers an entire ecosystem of frontends, apps, and protocols... That’s what makes Orderly more than a DEX, it’s the Exchange Layer of Web3." – @SaadxWeb3 (1.8K followers · 2025-09-21 13:37 UTC) View original post What this means: This is bullish for ORDER because it elevates the project's narrative from a single application to essential, scalable infrastructure. This perspective can attract long-term builders and investors seeking exposure to a foundational component of the DeFi stack.

2. @OrderlyNetwork: Proposing a Major Buyback Engine bullish

"We’re proposing to: Pause VALOR emissions. Use up to 60% of revenue to buy back $ORDER. Send those tokens to a community-controlled vault... At current levels, this could remove 1–2% of supply each year." – @OrderlyNetwork (387K followers · 2025-08-04 10:33 UTC) View original post What this means: This is bullish for ORDER because it introduces a direct, protocol-driven demand mechanism and a potential supply reduction. Shifting rewards from USDC to buybacks aligns tokenholder incentives with the protocol's financial success and can support the token's value accrual.

3. @MaryofWeb3: Highlighting Explosive Trading Growth bullish

"In the last 30 days, the Orderly chain has processed more perp volume than Arbitrum. Yes, that’s Orderly outpacing one of the biggest L2s. A clear sign of where serious DeFi activity is moving." – @MaryofWeb3 (3.6K followers · 2025-09-22 03:31 UTC) View original post What this means: This is bullish for ORDER because it provides a tangible, competitive benchmark for adoption. Sustained high volume validates the infrastructure's utility, drives protocol fee revenue (which benefits stakers and buybacks), and strengthens its position in the on-chain derivatives market.

Conclusion

The consensus on ORDER is bullish, centered on its evolution into critical DeFi infrastructure, proactive and value-accruing tokenomics, and compelling on-chain growth metrics. While the broader market is fearful, discussions suggest a cohort views ORDER's fundamentals as strengthening. Watch the protocol's net fee revenue closely, as it directly fuels the proposed buyback engine and staking rewards.

What is the latest update in ORDER’s codebase?

TLDR

Orderly's codebase receives frequent updates, with recent improvements focusing on trading tools and platform stability.

  1. Vault Page & Order Book Fixes (16 January 2026) – Fixed a bug preventing the Vault page tab from opening and improved order book display logic.

  2. Buy/Sell Ratio & Liquidation Info (14 January 2026) – Added a visual buy vs. sell order ratio to the order book and clearer explanations for liquidation fees.

  3. Orderly One v1.4.1 Upgrade (24 October 2025) – A major release adding multi-chain support, RWA market configuration, and multisig admin wallets for builders.

Deep Dive

1. Vault Page & Order Book Fixes (16 January 2026)

Overview: This patch fixed specific user interface bugs, ensuring smoother navigation to the Vault page and more reliable data in the order book. For everyday users, it means fewer frustrating errors when managing assets or viewing market depth.

The update addressed a scenario where the Vault page tab could not be opened, which was a blocker for users trying to access OmniVault strategies. It also included general fixes for the order book's underlying logic to prevent display issues.

What this means: This is neutral for ORDER as it represents essential maintenance. It makes the platform more reliable, reducing minor friction for users who rely on the Vault interface and order book data for their trading decisions. (Source)

2. Buy/Sell Ratio & Liquidation Info (14 January 2026)

Overview: This update added two helpful features for traders: a real-time ratio showing buy versus sell orders in the book, and plain-language explanations of liquidation fees directly in the trading interface.

The buy/sell ratio provides a quick, at-a-glance sentiment indicator for any market. The enhanced fee explanations help users understand potential costs before they get liquidated, promoting better risk management.

What this means: This is bullish for ORDER because it directly enhances the trading experience with better tools and transparency. Educated traders who can manage risk more effectively are more likely to engage deeply with the platform, potentially increasing volume and fee generation. (Source)

3. Orderly One v1.4.1 Upgrade (24 October 2025)

Overview: This was a significant upgrade to Orderly's no-code exchange builder platform. It introduced foundational support for multi-chain deployments and Real-World Asset (RWA) markets, empowering projects to launch more complex DEXs easily.

Key additions included manual DEX upgrade detection for better control, multisig admin wallets for enhanced security, and integrated Amplitude analytics for builders to gain user insights.

What this means: This is strongly bullish for ORDER because it expands the protocol's addressable market and utility. By making it easier and more secure to build sophisticated exchanges, Orderly attracts more builders, which drives more liquidity, volume, and ultimately, value to the ecosystem and its stakers. (Orderly)

Conclusion

Orderly's development trajectory shows a consistent focus on refining core trading infrastructure while expanding builder-friendly capabilities, moving from bug fixes to advanced features like multi-chain and RWA support. How will the upcoming "Strategy Vaults" further leverage this robust foundation to attract institutional liquidity?

CMC AI can make mistakes. Not financial advice.