Orderly Network Launches $ORDER Staking, $200,000 Prize Pool, and $0.437 Mark Price Ahead of August 27 Upgrade

Orderly Network has announced the launch of its staking and claims features for the $ORDER token, which is now live. Users can earn 60% of Orderly's net revenue and participate in governance by staking $ORDER.

Additionally, the platform is offering a total prize pool exceeding $200,000 for participants in its trading competitions, based on the initial mark price of $0.437 for $ORDER. The token will also be listed on WOO X, where users can trade $ORDER in the spot market.

A system upgrade is scheduled for August 27, during which Orderly will experience downtime from 06:00 to 08:00 AM UTC. This upgrade is part of ongoing efforts to enhance the platform's functionality and user experience.

Other platforms, such as VALR and PancakeSwap, are also integrating $ORDER, allowing users to trade futures and stake liquidity provider tokens for additional rewards.

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