In the fast-paced world of decentralized finance (DeFi), partnerships can make or break a project's trajectory. Recently, a tweet from Wrecked Capital resurfaced an insightful comment from Infra at Raydium, shedding light on why Raydium teamed up with Orderly Network to roll out perpetual futures trading—often called "perps." This move is particularly exciting for meme token enthusiasts, as it opens up new trading opportunities for tokens launching on Raydium's Automated Market Maker (AMM).

The Backstory: Raydium's Perps Launch

Back in January 2025, Raydium, a leading decentralized exchange (DEX) on the Solana blockchain, integrated with Orderly Network to introduce perpetual futures. Perps are derivative contracts that let traders bet on the price of assets without owning them, often with leverage up to 50x. This was a game-changer for Solana, bringing advanced trading tools to a chain known for its speed and low fees.

According to the official announcement, Raydium became the first Solana DEX to leverage Orderly's omnichain orderbook for perps. Fast forward to October 2025, and Wrecked Capital highlighted a key explanation from @0xINFRA, Raydium's infrastructure lead, in this tweet.

Breaking Down the Reasons

Infra's response boils it down to three core benefits:

• Access to Existing Liquidity: Liquidity is the lifeblood of trading. By partnering with Orderly, Raydium taps into a deep pool of existing liquidity across multiple chains. This means smoother trades and less slippage, even for high-volume perps.

• Optionality and Diversity of Supported Pairs: Traders love choices. Orderly's infrastructure supports a wide range of trading pairs, giving users more options to go long or short on various assets. As of now, Raydium Perps offers over 80 pairs, per their docs.

• Perps for Tokens Launching on Raydium's AMM: This is huge for meme tokens. Many viral memes start on Raydium's AMM, where anyone can create a liquidity pool. Now, these tokens can quickly get perp markets, allowing traders to speculate on their prices with leverage right from launch.

Why This Matters for Meme Tokens

Meme tokens thrive on hype and volatility, and perps amplify that. Imagine a new dog-themed token blowing up on Solana—traders can now jump into leveraged positions without waiting for centralized exchanges to list it. This integration could boost liquidity for emerging memes, making Solana an even hotter spot for DeFi degens.

Recent developments, like Orderly's no-code tool for building Raydium-style perp DEXs (as reported here), show the partnership is evolving. It empowers DAOs and creators to spin up their own branded exchanges, potentially flooding the ecosystem with meme-focused perps.

Looking Ahead

As Solana continues to dominate DeFi with its meme token launches, Raydium's perp offering via Orderly Network positions it as a one-stop shop for spot and derivatives trading. If you're into $RAY, $SOL, or the next big meme, keep an eye on this space—it's where the action is.

For more on Solana's meme ecosystem and DeFi innovations, check out our knowledge base at Meme Insider.