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BlockchainOrderly Network Improves Its EVM Platform with Systematic Upgrades

Orderly Network Improves Its EVM Platform with Systematic Upgrades

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Orderly Network has recently unveiled an update to its Ethereum Virtual Machine (EVM) platform, introducing a range of new features and enhancements. The upgrade focuses on improving trading stability, effectiveness, and bid levels for specific orders.

The updates to the EVM platform include support for bid/ask levels for bid/ask orders, the ability to set post_only_adjust for post_only orders, an enhanced Fee Split Service that can now handle four times more trades, and an accelerated deposit process.

A notable enhancement is the improved bid/ask levels, which now support bid/ask orders, enabling users to post more accurate buy and sell orders, ultimately enhancing the overall trading environment.

Additionally, the update introduces the ability to set post_only_adjust for post_only orders, allowing seamless modification of these orders placed in the order book to avoid immediate execution.

The Enhanced Fee Split Service now has the capability to handle four times more trades, increasing the platform’s capacity to process a higher volume of transactions.

The upgrade also includes a reinvented deposit process, designed to facilitate faster and more efficient deposits, improving the accessibility and user experience on the platform.

Orderly Network is dedicated to the development of Omnichain perpetual contracts (Perps) for the future, and these upgrades bring the platform closer to this vision.

These enhancements underscore Orderly Network’s commitment to delivering a stable and effective trading platform, providing users with improved efficiency and flexibility in their trading experience.

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