Interview with DeFi Innovators: Exploring the Future Development of Decentralized Finance

The development of the cryptocurrency sector cannot be separated from the long-term investment of builders. To deeply explore the stories and perspectives of industry pioneers, an English interview series focusing on outstanding leaders in the cryptocurrency field has emerged. In this vibrant and rapidly evolving industry, countless innovators and pioneers are shaping the landscape of Web3. This series aims to delve into the unique insights of these industry builders.

From the technological innovations of mainstream cryptocurrencies like Bitcoin and Ethereum to the applications of other emerging technologies, we will explore how these innovations are changing the global economic system and the cryptocurrency market. In addition, we will also focus on the regulatory challenges the industry faces, market trends, and how to cope with volatility. This series is not only a platform for sharing, allowing builders in the cryptocurrency industry to have a voice, but also a bridge connecting ordinary users with industry insiders, helping everyone better understand this complex and fascinating field.

This article is an excerpt from the conversation with Ran Yi, co-founder of Orderly Network, in this series of interviews.

Host: Ran, thank you for joining us today. Before we officially start, could you please briefly introduce the value proposition of Orderly Network and its grand vision to our audience?

Ran Yi: I am very pleased to participate in this discussion. The vision of Orderly Network is to become the liquidity layer in the Web3 ecosystem. We are committed to supporting thousands of cross-chain asset transactions and building a fully decentralized platform to promote the democratization of governance and revenue sharing. The core goal of Orderly is to solve the problem of liquidity fragmentation in the DeFi market while providing users with a seamless trading experience similar to centralized exchanges.

Host: What are the key challenges currently facing the DeFi sector, and how is Orderly Network addressing these challenges?

Ran Yi: Decentralized Finance currently faces significant challenges such as fragmented liquidity, high transaction costs, and complex user experiences. These issues hinder the widespread adoption of Decentralized Finance. Orderly Network reduces the friction for users switching between different blockchains through cross-chain liquidity sharing, thereby significantly enhancing the user experience. In addition, we are also committed to lowering transaction costs and providing efficient trading speeds, making the experience of decentralized platforms comparable to that of centralized platforms.

Host: What efforts has Orderly Network made to make DeFi more user-friendly and acceptable to mainstream users?

Ran Yi: We have made significant innovations in technology, especially in user experience and inter-chain interoperability. Orderly aims to become the "CME" of Web3, allowing all decentralized applications to share liquidity and reduce the problem of liquidity fragmentation caused by insufficient inter-chain connectivity. Our goal is to provide users with a consistent trading experience on any chain without worrying about liquidity or technical complexity.

Host: The competition between decentralized exchanges (DEX) and centralized exchanges (CEX) is becoming increasingly fierce. How does Orderly Network position itself in this competition?

Ran Yi: That's a good question. Some centralized exchanges dominate a huge market share in terms of liquidity. However, we believe that decentralized and open ecosystems have stronger long-term viability. Orderly's advantage lies in its decentralized liquidity aggregation model, which allows us to surpass existing centralized platforms in liquidity and user experience by pooling the liquidity of various market participants. Our positioning is to become the infrastructure that supports the liquidity of any asset, ultimately surpassing centralized exchanges on all levels.

Host: Partnerships are crucial in the DeFi ecosystem. What strategies does Orderly Network have in this regard, and are there any collaborations to look forward to?

Ran Yi: That's right, cooperation is crucial for us. Orderly is not only an independent platform, but also an open liquidity ecosystem that allows other decentralized platforms and applications to build and share resources on it. We place great importance on collaboration with other platforms, as this enables us to jointly promote the development of the Decentralized Finance ecosystem. For example, our partnerships with multiple decentralized platforms allow us to provide better liquidity support and user experience.

Host: What do you think is the biggest obstacle to the true mainstream adoption of Decentralized Finance? How will Orderly Network help overcome these obstacles?

Ran Yi: I believe that the biggest obstacle to the mainstream adoption of Decentralized Finance is user experience and the regulatory environment. Although Decentralized Finance offers unique advantages such as Decentralization and transparency, the complex user experience and uncertain regulatory environment remain major barriers to its popularization. Orderly Network addresses these challenges by lowering technological barriers and enhancing user experience, while we are also actively engaging in dialogue with regulatory agencies to ensure that our platform can meet future compliance requirements.

Host: Looking ahead, what are the key milestones and development plans for Orderly Network?

Ran Yi: Our future plans include further expanding inter-chain interoperability, supporting more blockchains, and launching new trading products, such as spot and options trading. Our goal is to make Orderly the core platform that supports liquidity for any asset within the next 12 to 18 months. We believe that through continuous technological innovation and ecosystem development, Orderly Network will play a key role in driving DeFi towards mainstream applications.

Host: Finally, do you have any advice for those listeners who are not very familiar with Decentralized Finance or wish to get involved?

Ran Yi: For beginners, I recommend first understanding the basic concepts of Decentralized Finance and risk management. At the same time, it is very important to choose a platform with a good user experience, as this can reduce the friction in your learning and usage process. Orderly Network is dedicated to providing an easy-to-use and powerful platform, which is a reliable choice for both beginners and experienced traders.