Orderly launches a “permissionless listing” feature, allowing Builders to independently deploy perpetual contract markets

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Gate News, April 3—on-chain perpetual contract infrastructure Orderly launched a “permissionless listing” (Permissionless Listing) feature that lets qualified Builders independently launch perpetual contract markets without approval or waiting. Deployment and trading can be completed within a few minutes.

Regarding launch requirements, Builders must reach a diamond-tier identity (30 days of trading volume of $10 billion or staking 7 million ORDER), and pay a 50k USDC insurance fund for each market. During the storage period, this insurance fund continues to earn an APY; when delisted, it is fully refunded. The total starting cost is about $430k. In essence, it is held capital rather than a consumable expense.

When launching a market, Builders can customize trading parameters, leverage multipliers, and price sources. Currently, it supports multiple major CEXes and oracle data sources such as Stork. A custom oracle feature is also coming soon.

After the market goes live, Builders can earn 50% of the market’s trading fees and 100% of liquidation fees. For traders, the markets listed by the community only support an isolated-margin model, so the risk of new tokens will not affect other open positions.

After all permissionless listing markets go live, more than 200 DEXs within the Orderly ecosystem can deploy them to their own platforms. Orderly said its subsequent plans include expanding into custom oracles, RWA perpetual contract markets, permissionless vaults, and a public market-maker program.

In addition, Orderly will reduce the graduation fee for Orderly One’s zero-threshold quick-start DEX tool to $100.

As perpetual (Perp) DEX infrastructure, Orderly has already supported more than 200 projects including Raydium, WOOFi, Aegis, What Exchange, and QuickSwap. Orderly One has already launched nearly 2,000 Perp DEXs.

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