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Orderly Network completes $5 million strategic financing

Orderly Network, a Web3 liquidity provider, has raised $5 million in its latest strategic funding round, with participation from OKX Ventures, Manifold Trading, Presto Labs, LTP, Nomad Capital, and Origin Protocol. Orderly Network consolidates orders from multiple blockchains, solves DeFi liquidity issues, and supports Ethereum Mainnet, Polygon, Optimism, Base, Arbitrum, and Mantle. The platform plans to use the funds to develop new products and enhance its on-chain liquidity, while preparing for its token generation event, where token holders will receive a 60% transaction fee.