I saw the Q3 user survey posted by @OrderlyNetwork on Twitter, and I almost couldn't help but laugh out loud. — Because the data is just too much like me. I'm the type of person who trades hundreds of thousands of dollars every month and stays up late staring at the K-line charts. The survey says desktop usage is 46% and mobile is 34%, and I immediately nodded: "Yes, I'm that desktop user, afraid of slipping on my phone, afraid of delays, afraid of making wrong orders." Orderly's trading speed is really stable. When I used other DEXs, a one-second delay was enough to give me a heart attack. Here, it's almost instant, and the depth is stable too. However— the depth for large orders is indeed a bit tight. Once, I placed a medium-sized ETH order, and the slippage made me want to throw my cup. (The survey mentioned this point too, and I almost applauded: finally, someone is speaking the truth.) The OmniVault, which has been praised the most this quarter, I've also been trying recently. It feels like an "intelligent fund pool" where various assets can be mixed and used together. But I personally think it needs to be a bit more transparent, like I want to see the details of the Vault and the sources of returns. This survey is quite genuine. A satisfaction score of 4.5, I wouldn't be wrong to give it a 4.6. Fast execution speed, strong stability, and all mainstream assets, these all support Orderly's moat. If next quarter they can improve depth, strategy tools, and mobile experience, I estimate many "old investors" will continue to stay here. When it comes to trading, the platform experience is actually more important than the fees. That 0.1-second sense of security when placing an order is why I haven't run away.
On Tuesday and Thursday, we burn the $ORDER collected from Orderly One fees. Today, 28,619.29 $ORDER has been burned. Gone. Forever. The flywheel keeps spinning.
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