Alexey Koloskov | April 14 2021
Alexey Koloskov | April 14 2021
Orion Terminal Volume Dashboard V1
Just two weeks from the launch of Orion Terminal, and we have an incredibly exciting roadmap ahead of us. While we work towards aggregating the market in its entirety, the hardest part has been achieved. After all, DEX and swap pool aggregators already existed, but for the first time ever, we are providing decentralized access to centralized liquidity. Our main net was a huge step towards that - we’ve already built the framework and the proprietary tech, and now we’ll continue to build on this to create the portal to the digital asset market: for traders, blockchains, exchanges, and crypto projects.
Two weeks in, and our Daily Protocol Volume is currently ~$21m USD at the time of publishing, with just one solution live in market. This iteration is V1 of our Volume Dashboard - V2 will reveal data on top traded pairs, etc.
Orion Terminal is just one solution built on our liquidity aggregator: we have a dozen solutions with eighteen revenue streams to come, including an NFT aggregator, a launchpad liquidity solution, a price oracle, a liquidity boost plugin, a DEX kit, and a lot more. These will also show up on the dashboard as they become live.
Orion Terminal is not just for traders, but enterprises too. Since launch, several of our partners have migrated their high-volume trading to the terminal. We plan on continuing to leverage our partnerships to drive further volume to the terminal.
Let’s take a look at how our volume so far fares to major players in the market just two weeks in:
We understand the importance of volume to our community - after all, it’s what dictates staking rewards. While we will continue to grow our terminal volume through increased marketing efforts, streamlining user onboarding, and deepening our offering, our terminal volume will account for just a fraction of our overall Daily Protocol Volume.
Staking rewards are generated through volume from Orion Terminal, combined with the volume from all other DeFi products. As such, the team is prioritizing the development of several key B2B solutions ahead of schedule to ensure significant volume on staking launch, including Orion Liquidity Boost Plugin, Orion Launchpad Liquidity, and Orion DEX Kit.
Each new partner for these solutions brings additional volume to the protocol, increasing Daily Protocol Volume and therefore staking rewards. We have amassed over 60 partners so far, and we will continue to add to our ever-growing ecosystem. All of this is to ensure maximum rewards for our stakers. Main Net Staking is our next major milestone, and more will be released on this soon.
We’re focused on expanding the breadth and depth of our offering. Over the course of the next year, we plan to introduce NFTs, lending, margin trading, leveraged ETFs, derivatives, contract trading, and staking of any digital asset type to the Terminal. Through partnerships and internal development, Orion Terminal will one day become your portal to the crypto landscape.
Believe us when we say, we truly are just getting started.