Orderly Network Launches 60% Fee-Backed ORDER Token Buyback
Orderly Network has initiated a governance-approved buyback program that allocates up to 60% of net trading fees on its NEAR-based decentralized exchange to repurchase ORDER tokens from the open market. This deflationary, fee-backed mechanism ties repurchases directly to trading volume and fee generation, aiming to reduce circulating supply and increase token scarcity. Stakeholders can vote on governance proposals to direct treasury assets for additional yield strategies or token retention. Stakers receive vested portions of repurchased tokens, aligning incentives for long-term growth. Traders should monitor daily trading volumes, fee revenues and upcoming governance votes to gauge buyback intensity and potential price support. The program reinforces Orderly Network’s commitment to sustainable growth, transparent tokenomics and may create upward pressure on ORDER token prices.
Bullish
By committing up to 60% of net fees to repurchase ORDER tokens, Orderly Network introduces a direct, volume-linked deflationary mechanism. This is likely to tighten token supply and support price levels. In the short term, increased buyback activity correlated with higher trading volumes and fee revenues could create upward price pressure. Over the long term, transparent governance approval and alignment of stakeholder incentives (through vested token distributions for stakers) bolster market confidence and token demand, reinforcing sustained bullish sentiment.