Ordexoo
A Perpetual Contract with the Security of a Decentralized Exchange and the Liquidity Experience of a Centralized Exchange.
About
Ordexoo is an on-chain perpetual product. It combines on-chain security with a near-CEX smooth experience. You can trade perpetual for over 50 cryptocurrency pairs on our platform.
Why choose Ordexoo？
Liquidity
Ordexoo aggregates liquidity from multiple chains, allowing you to enjoy a smooth trading experience close to that of a CEX.
Security
As an on-chain perpetual contract, it eliminates many centralized risks, such as platform manipulation. Additionally, we have strong backing through partnerships with industry leaders like Orderly Network and Tradingview.
Ease of Use
After depositing your margin, you can quickly open a position by selecting different order types, or close your position with just one click based on your needs.
Transparency
All transactions can be publicly verified on-chain by anyone.
How to use
Connect Wallet
The user needs to connect their crypto wallet (e.g., MetaMask, Phantom) to Ordexoo.
Deposit Margin
The user needs to deposit funds into the trading platform as margin (USDC). The deposit will be held in a smart contract, ensuring that the user retains control over their assets at all times.
Select Trading Pair
The user can choose the contract pair they want to trade (e.g., BTC/USD, ETH/USD). The price of these pairs will fluctuate based on market prices provided by external oracles or other sources.
Set Leverage
The user can choose to use leverage to amplify their position. Leverage allows the user to control a larger trading position with a smaller margin. For example, 10x leverage means the user can control a 10 USDC contract with just 1 USDC of margin.
Place Order
The user can choose to go long (bullish) or short (bearish) on a contract pair. When placing an order, the user can choose between a market order (executed immediately at the current market price) or a limit order (executed when the price reaches the specified condition).
Manage Position
After the trade is executed, the user can view and manage their position on the platform, including setting stop-loss/take-profit points, increasing or decreasing margin, and adjusting leverage.
Liquidation Risk
If the market price moves against the user’s position and the margin is insufficient to maintain the current position, the user’s position may be liquidated (forced closure).
Close Position
When the user decides to end the trade, they can close the position. After closing, all open positions will be settled, and the profit or loss will be reflected in the user’s balance.
Withdraw Funds
The user can withdraw the remaining margin and any profits back to their crypto wallet at any time.
FAQ
Ordexoo is an on-chain perpetual product. It combines on-chain security with a near-CEX smooth experience. You can trade perpetual for over 50 cryptocurrency pairs on our platform.
Currently, only USDC is supported as margin, with more margin types under development.
As an on-chain perpetual product, our codebase and data are fully transparent. Our product benefits from the infrastructure of Orderly Network and the support of TradingView’s charting library. We’ve integrated resources from leading companies in the crypto world for you to use freely and develop strategies. For example, ETH/USD trends can be viewed at a glance to understand price changes and market dynamics of different cryptocurrencies, helping users create more strategic trading plans.
Ordexoo’s liquidity comes from the Orderly Network. Experience the unique advantage of accessing all major chains through our unified trading infrastructure and liquidity. No more liquidity concerns. Our order book is powered by multiple top-tier market makers, ensuring there are never liquidity shortages.
We support most mainstream cryptocurrencies and some altcoins, such as BTC, ETH, SOL, and WIF.
EVM Chains: Ethereum, Arbitrum, Optimism, Base, Mantle; Non-EVM Chains: NEAR Protocol.
