Decentralized exchange (DEX) infrastructure provider Orderly Network has launched a groundbreaking platform enabling users to create their own perpetuals DEXs without coding.
The new "Orderly One" service allows decentralized autonomous organizations (DAOs), investment funds, and trading communities to build a complete perpetual DEX in minutes, completely code-free, as announced on X this Tuesday.
This innovative solution targets crypto entities seeking to generate revenue through decentralized trading while maintaining full independence from centralized intermediaries.
Perpetual DEXs represent a major advancement in cryptocurrency trading, merging perpetual futures market functionality with decentralized, permissionless environments.
Unlike conventional spot DEXs limited to simple token swaps, perpetual DEX platforms enable leveraged trading and shorting capabilities - features traditionally dominated by centralized exchanges like Binance. These decentralized solutions ensure users maintain complete self-custody of assets, eliminating risks associated with exchange hacks or bankruptcy. Operating through smart contracts, they provide a trustless alternative to centralized trading platforms.
The ability for DAOs and trading communities to launch custom perp DEXs represents a significant leap in decentralization, extending beyond trading protocol decentralization to encompass entire user experiences and governance models.