AscendEX reaches strategic cooperation with DeFi platform Orderly Network

Odaily News AscendEX (formerly BitMax) announced a strategic cooperation with the DeFi platform Orderly Network. Orderly Network will provide spot and perpetual futures trading DeFi liquidity services to the over 5 million registered users of the AscendEX platform. The two parties will conduct in-depth cooperation on the combination of CEX and DEX, bringing together the advantages of centralized exchanges and DeFi platforms. In the future, AscendEX users will be able to enjoy gas-free on-chain Perps transactions with up to 20x leverage within the platform. Orderly Networ is a DeFi trading infrastructure platform that combines an order book-based trading interface with a liquidity layer that provides spot and perpetual futures trading, providing trading infrastructure for DEX.