Alameda Research and Three Arrows Capital Invest in Decentralized Exchange Orderly Network

Orderly Network, a decentralized exchange powered by NEAR, has attracted $20 million from strategic investors, representatives of the project have announced.

The participants of the round include Three Arrows Capital, Pantera Capital, Dragonfly Capital, Sequoia China, Jump Crypto, Alameda Research, GSR Ventures, MetaWeb.VC and a number of other companies.

The project was founded in 2017 and passed the NEAR and WOO Network incubators. With the help of the latter, the startup launched the first decentralized application in the form of a trading platform user interface.

Orderly Network offers spot and margin trading services, perpetual swaps as well as a lending service.