Orderly Network Reports Surge in Staking with 76 Million ORDER Tokens

Orderly Network Announces Successful Third Phase of ORDER Token Staking

Orderly Network has recently made waves in the crypto space by announcing its third phase of ORDER token staking, which has seen impressive participation from the community. As reported by BlockBeats, more than 76 million ORDER tokens have been staked, resulting in $77,408 in staking rewards distributed among participants.

Participation and Impact

The latest staking phase attracted a total of 2,697 token holders, demonstrating a robust interest in the project and its staking opportunities. This active involvement highlights the growing confidence and support within the Orderly Network community.

Trading Volume Insights

In addition to the staking achievements, the ORDER token has experienced significant trading activity. Over the past 14 days, the total trading volume for ORDER reached an impressive $1.2 billion. This uptick in trading volume showcases the increasing traction of the token in the broader cryptocurrency market.

Staking Rewards and Annual Percentage Rate (APR)

For those involved in staking, the current annual percentage rate (APR) is approximately 22%. This attractive rate encourages more token holders to participate in staking, thereby providing them with a beneficial opportunity to grow their holdings.

About Orderly Network

Orderly Network is not just another blockchain project; it is a comprehensive cloud liquidity platform. The project aims to integrate spot and derivative liquidity across all chains, ensuring that users can benefit from seamless liquidity and settlement support for any asset, across any public chain, and through any product interface.

Conclusion

With its vibrant community engagement and impressive staking performance, Orderly Network continues to establish itself as a pivotal player in the decentralized finance (DeFi) landscape. As the project evolves, it promises to provide more innovative solutions to enhance liquidity across various blockchain platforms, attracting both investors and developers alike.

Learn More

For more updates on Orderly Network and its initiatives, keep an eye on their official channels and stay informed on the latest developments in the blockchain space.