Orderly launches Perp Anything, enabling custom perpetual markets across 400+ DEXs with 50% of base taker fees allocated to market builders.
DeFi & Yields ·
Orderly has launched Perp Anything, a platform enabling the creation of custom perpetual markets across more than 400 decentralized exchanges. Market builders who establish new perpetual pairs through the system receive 50% of base taker fees generated on those markets, creating a direct revenue-sharing incentive for market creation and liquidity provisioning.
Perp Anything operates within the broader ecosystem of decentralized exchanges, which have evolved from simple token swap venues into platforms supporting spot trading, perpetual futures, and other onchain market structures. By allowing customizable perpetual market deployment at scale, the platform lowers barriers for builders to launch new trading pairs and capture a meaningful portion of trading economics tied to their markets.
The exact mechanics of market selection, collateral requirements, and settlement infrastructure for Perp Anything across the 400+ venues remain unspecified in available details. Whether adoption will be concentrated on specific chains or spread across the full addressable set, and how the fee-sharing model performs under varying liquidity conditions, are questions the market will test as the launch matures.