Orderly Network, the liquidity layer for the entire derivatives market, has completed a $5 million strategic Series A funding round.

Foresight News reported that the full-chain derivative liquidity layer Orderly Network has completed a $5 million strategic financing round, with participation from OKX Ventures, Manifold Trading, Presto Labs, LTP, Nomad Capital, and Origin Protocol. The raised funds will be used to develop new products and enhance its on-chain liquidity. Additionally, the official team is preparing for a TGE, where token holders will receive 60% of Orderly Network's net trading fees.