Orderly Unveils 2.3M $esORDER Retroactive Claims and Native Token Staking on Solana
By: blockchainreporter|2025/05/09 20:00:14
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Web3 liquidity layer Orderly has unveiled a retroactive reward program for Solana traders, making over 2.3 million escrowed $ORDER tokens ($esORDER) available to claim. The initiative rewards users who have previously traded on any Orderly-powered decentralized exchange (DEX) on the Solana network, offering them a share of the protocol’s native token as compensation for past activity.Orderly is a permissionless liquidity layer that delivers deep, unified liquidity across all major blockchains via a single, cross-chain order book. The protocol supports Solana, Sonic, Arbitrum, Base, Mantle, Ethereum Mainnet, OP, Polygon, and more, granting traders and exchanges access to over 100 markets from one interface.Retroactive Rewards: How to ClaimSolana users who have interacted with any DEX leveraging Orderly’s shared order book can visit Orderly’s Trading Rewards page, connect their wallet, and immediately claim their portion of the 2.3 million $esORDER pool. Once claimed, holders have two options:Stake their $esORDER in Orderly’s staking program on Solana to earn a pro rata share of future trading fees.Vest and convert their $esORDER into unlocked $ORDER tokens at a later date, according to their preferred vesting schedule.By implementing a retroactive rewards mechanism, Orderly aims to recognize early adopters and active traders who helped bootstrap liquidity on Solana-based DEXs.Launch of Staking Program on SolanaCoinciding with the retroactive rewards, Orderly has launched its long-standing staking program on the Solana blockchain. Under this program, 60 percent of all trading fees collected by the protocol are redirected to stakers of the native $ORDER token. Key highlights include:Omnichain rewards: Stakers on Solana receive a share of fees generated across every chain supported by Orderly, including Ethereum mainnet, Arbitrum, Base, Mantle, OP, Polygon, and more.Low-cost environment: By staking on Solana, users benefit from Solana’s minimal fees while participating in a rewards pool that has already distributed over $10 million in protocol fees.Broad participation: To date, more than 4,200 active stakers share in the rewards stream, underlining the program’s popularity.Solana users can begin staking immediately via the Orderly app at https://app.orderly.network/staking.Building Liquidity Bridges Between Solana and EVM ChainsThis latest move follows Orderly’s integration of its unified order book on Solana earlier this year, which gave Solana DEXs—such as Raydium—access to deep, aggregated liquidity sourced from EVM chains and other networks. By bringing both the shared order book and token incentives to Solana, Orderly is closing the gap between Solana and the broader Ethereum ecosystem.Orderly CEO Ran Yi said, “Bit by bit, we’re breaking down the barriers that separate Solana from the Ethereum ecosystem. First by bringing our cross-chain orderbook to Solana, and now by following suit with $esORDER rewards to Orderly traders and the launch of $ORDER staking. This means that Solana users can now capture the upside to Orderly’s growing trading volume, both on their own chain and on the long tail of EVM networks that Orderly supports.”Strengthening Orderly’s Position in Solana DeFiOrderly’s dual rollout of retroactive rewards and staking shows its commitment to the Solana DeFi ecosystem. By supplying robust, permissionless liquidity, the protocol empowers DEXs to offer more competitive pricing and deeper markets, positioning Orderly as a foundational layer for cross-chain trading.Looking ahead, Orderly plans to distribute additional $esORDER rewards on a fortnightly basis to new and active Solana traders, ensuring continuous incentives for volume growth on the network. Traders and stakers alike can now tap into Orderly’s growing liquidity network, earning rewards while helping to unify DeFi liquidity across chains.
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