What is OrbDex?
OrbDex is a decentralized exchange (DEX) that allows users to trade perpetual futures contracts with leverage directly from their personal wallets. Built on Orderly Network infrastructure, OrbDex offers high-speed execution, deep liquidity, and a robust risk engine in a self-custodial environment. Traders can:
Open long or short positions with leverage.
Manage risk with built-in Stop-Loss and Take-Profit orders.
Retain full control of their assets through wallet-based authentication.
Zero Fee Perps with Privacy
OrbDex is designed for both novice and advanced traders who value transparency, security, and a smooth on-chain trading experience.
Key Features
Self-Custodial Trading: No account creation or KYC is needed. Connect your Web3 wallet and trade instantly.
Perpetual Futures: No expiration dates, so you can hold positions indefinitely.
High Leverage: Amplify your trades with customizable leverage (up to 25× or platform-defined limits).
On-Chain Risk Engine: Liquidation, margin, and PnL logic are transparently enforced by smart contracts.
Integrated Risk Tools: Use Stop-Loss and Take-Profit conditions to control risk and automate exits.
How It Works
OrbDex leverages Orderly Network’s backend to deliver high-speed matching, while all user funds and margin positions remain under on-chain custody.
Connect Wallet: Use MetaMask or any WalletConnect-compatible wallet.
Deposit Collateral: Choose a supported stablecoin (e.g., USDC) and deposit margin via the Wallet interface.
Open a Position:
Choose your trading pair (e.g., ETH/USDC).
Select Market or Limit Order.
Define size, leverage, and optional SL/TP orders.
Monitor and Manage:
Track real-time PnL.
Adjust SL/TP.
Partially or fully close positions at any time.
Withdraw Collateral: Withdraw unused or earned funds anytime back to your wallet.
Trading Interface Overview
Component
Description
Trading Chart
Real-time candlestick view of selected market.
Order Panel
Place market/limit orders, set leverage, SL/TP.
Positions Tab
Displays open trades with live PnL, margin, and liquidation info.
Wallet Panel
View total, available, and used balance.
Order History
Track previously executed and canceled orders.
Risk Management
OrbDex provides integrated SL/TP support and liquidation alerts.
Liquidation Threshold: Positions are force-closed if margin falls below maintenance requirements.
PnL Calculation: Live updates on unrealized and realized profits and losses.
Funding Rates: Perpetuals require periodic payments between long and short sides, shown transparently.
Supported Networks and Wallets
Wallets: MetaMask, WalletConnect
Networks: Supported chains as per Orderly Network (check official UI for current list)
Fees
Taker Fee: e.g., 0.0%
Maker Fee: e.g., 0.0%
Security & Transparency
OrbDex is powered by Orderly Network’s audited smart contracts and inherits the security of its underlying blockchain. All trades and margin movements are visible on-chain.
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