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Solana DEX Raydium Launches Perpetual Futures Trading with Orderly Network
Raydium, Solana’s leading decentralized exchange (DEX), has launched perpetual futures trading by integrating with Orderly Network. This debut represents Solana’s first perpetual futures trading option, backed by Orderly’s sophisticated omnichain liquidity system. This milestone signals a critical shift for decentralized finance on Solana, expanding trading opportunities.
GM Radiators, BIG news!
Public Beta for Perpetual futures trading is now LIVE on Raydium, powered by @OrderlyNetwork 🚀
Raydium Perps offers Solana users gas-free trading and the lowest fees on over 70 pairs 😎
Check it out:https://t.co/w4VOE8J5zK
More info below 👇
1/4 pic.twitter.com/FByJbAB5my— Raydium (@RaydiumProtocol) January 9, 2025
With a user base exceeding 8.4 million and 600,000 daily active traders, Raydium plays a central role in Solana’s DeFi landscape. Previously focused on spot trading, Raydium now utilizes Orderly’s omnichain orderbook, which consolidates liquidity from 30 exchanges and 73 perpetual contracts. The upgrade allows leveraged futures trading with enhanced liquidity and efficiency.
Ran Yi, Co-Founder of Orderly Network, emphasized the integration’s impact, describing it as a major advancement for Solana’s DeFi ecosystem. He added:
“Raydium’s integration with Orderly Network is a game-changer for Solana’s DeFi ecosystem. Combining Raydium’s best-in-class UI and battle-tested protocol with Orderly’s omnichain liquidity infrastructure will enable deeper liquidity and more dynamic trading options.”
Perpetual Futures Bridge the Gap in Solana’s Market
Raydium holds a leading position in spot trading, yet Solana has traditionally trailed Ethereum-based platforms in providing perpetual futures due to liquidity and infrastructure hurdles. Orderly’s integration addresses these issues by combining orders into a unified orderbook spanning multiple blockchains, resulting in narrower spreads and greater trading accuracy.
Perpetual futures play a pivotal role in decentralized finance, driving $650 billion in trading volume. These products also generate $490 million in fees, based on Shogun’s analytics. Hyperliquid dominates this sector with a 46.3% market share, showing rising demand for such products. Raydium now enters this competitive field, targeting traders interested in on-chain leveraged trading.
The beta phase of Raydium includes over 70 trading pairs with leverage reaching 40x. It also introduces zero maker fees and taker fees set at 0.025%, providing an appealing option for market participants.
Solana’s DEX Growth Reflects DeFi’s Expanding Horizon
Raydium’s perpetual trading evolution reflects broader DeFi trends. Decentralized-to-centralized exchange trading volumes now hold a 20% share, showing the growing preference for decentralized platforms. Raydium, Solana’s third-largest DeFi protocol, holds $2.13 billion in total value locked (TVL), following Jito and Jupiter, according to DefiLlama.
Beyond numbers, this integration signals a maturing DeFi landscape for Solana. Orderly’s infrastructure, designed to enable deep liquidity across multiple blockchains without cross-chain bridging risks, is laying the foundation for secure, scalable trading environments.
Solana DEX Raydium Launches Perpetual Futures Trading with Orderly Network
