Orderly is still so cheap that its staking APR from just a portion of its fee revenue is consistently over 40% without using any token emissions or points to incentivize trading volume. People have become so accustomed to assuming that any high staking yields are padded by token emissions or points farming that they often just glance over it- but in this case it's literally doing $17 Bil a month in volume organically and un-incentivized. The project also just passed a governance vote to begin using up to 60% of fee revenue to perform open market buybacks, which starts this month.
Honestly ther

Gm to all the research enjoyers out there

A large subset of alts on my radar resemble the first chart here right now, while an entire other subset resemble the second.
With the entire alt market practically screaming to put in a bottom right now, it may be time to seek out all the 'Chart 1s' and help them play catch up.

After a nearly 80% drop from highs, Celestia has finally been showing some strength again.
Orderly provides permissionless liquidity for onchain Perps markets, a sector that will likely always have real and significant demand. And at the moment it's already handling a significant share of the market's volume, with over half a billion in volume a day and growing:
The need for a data availability layer here makes sense after realizing that safe / permissionless liquidity is by far one of the biggest hurdles in making onchain perps markets usable. So having a middle layer that can provide shared