Orderly (ORDER): What It Is, Uses and Risks

ORDER is the token associated with Orderly Network, a project that describes itself as a layer 2 network built on the OP Stack. Its stated goal is a shared liquidity layer for onchain trading, where one orderbook can serve trading across several blockchains and interfaces. The project offers spot and perpetual futures orderbook trading on networks including Arbitrum, Optimism, Polygon, Base, Mantle and Near, and says it plans to expand to other chains. The issuing project listed on this site is Orderly Chain, described as the OP Stack settlement layer for Orderly Network. ORDER is issued on several chains rather than being the native currency of any one of them. The launch date and consensus method are not given in the data available for this page.

The data available for this page does not state what ORDER is used for. The project description covers the network and its trading infrastructure, but it does not say whether ORDER pays fees, grants governance rights, is staked, or unlocks any feature. Anyone checking the token should read the project's own documentation and published tokenomics before drawing conclusions, since these details can change. Holding a token linked to a trading network is not the same as having a claim on its revenue or a vote on its decisions, and the difference depends on how the token is designed. Without a confirmed use, it is not possible to say how demand for ORDER relates to activity on the platform. This page therefore does not describe any utility beyond what the project publicly states.

As of 2026-11-05, the data shows a price of about 0.0345 US dollars, a market capitalization of about 14.8 million dollars and a fully diluted valuation of about 34.5 million dollars. Roughly 430 million tokens were circulating against a total and maximum supply of 1 billion, so about 43 percent of the supply was in circulation at that date. The 24-hour trading volume was about 4.1 million dollars. Over one year the price fell about 80 percent. The all-time high was about 0.49 dollars on 2025-10-06, and the all-time low was about 0.027 dollars on 2026-08-05. The gap between circulating and total supply means future token releases could add supply to the market, which can affect price. These figures change constantly and are not a guide to future value.

ORDER is issued on Ethereum, Abstract, Optimism, Polygon, BNB Chain, Avalanche, Arbitrum, Base and Solana. Multi-chain tokens carry extra risk because each version depends on its own bridge or wrapping mechanism, and bridge contracts have been targets of exploits. Holders should confirm they have the version on the network they intend to use and should not send tokens to an address on a different chain. The project supports perpetual futures trading, which uses leverage and can produce fast losses, so it suits few people. Price has been volatile, with a large drop over the past year. Store tokens in a wallet you control, keep recovery phrases offline, and be wary of unsolicited messages and fake tokens using the same name. This page is research, not financial advice.