Here’s Why the Orderly Price and Pudgy Pandas are Ignoring the Crypto Crash
Orderly price has gone parabolic this month, soaring by almost 400% from its lowest level in June. It is hovering at its highest level since January this year, giving it a market capitalization of over $97 million, as the daily volume jumped to $188 million.
Why Has the Orderly Price Jumped
Orderly is a top player in the crypto industry, where it offers perpetual futures solutions. DeFi Llama data shows that the network handled over $324 million in volume in the last 24 hours and $20 billion in the last 30 days. It has become the 11th biggest player in the industry.
Orderly price has soared in the past weeks as investors reacted to the rising demand for perpetual futures solutions following the…
