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Documentation Index

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TL;DR

The Orderly Distributor Program is the core growth engine for the Orderly One ecosystem. It incentivizes Distributors to onboard new Builders (DEXs) through a tiered revenue-sharing model.
  • Participant Role: Anyone (EOA) or Builder Owners can participate as a Distributor.
  • Profit Mechanism: Revenue is generated via the “Fee Spread” between the Distributor’s tier and their Invitee’s tier.
  • Scale Advantage: Distributors level up using the aggregate volume of their entire invitee network plus their own volume.

1. Participant Profile

FeatureDistributor (EOA / Builder Owner)
RoleGeneral users, Affiliates, or DEX Owners
Revenue StreamReferral share (Spread between tiers)
Revenue SettlementTrading account (EOA) or Builder admin account

2. Onboarding & Binding Rules

The 3-Step Setup

Access the portal at dex.orderly.network/distributor/ to begin:
  1. Connect: Link an EOA wallet via Ethereum, Arbitrum One, or Base.
  2. Activate: Complete key creation to initialize the Distributor profile.
  3. Share: Use unique distributor codes or URLs to bind invitees.

Binding Rules (Guardrails)

  • Unidirectional: An invitee can only be bound to a single distributor.
  • Non-Reciprocal: Cross-referral (e.g., A invites B, B invites A) is strictly prohibited.
  • Timing: Binding must be established at or before the invitee’s DEX graduation.
  • Immutability: Once established, the binding relationship cannot be modified.
  • Account Type Lock: An EOA account registered as a Distributor cannot be converted into a Builder Admin account later.

3. Orderly Tiering Programme

A distributor’s tier is determined by their 30-day Aggregate Volume and $ORDER Staking.

Tiers & Privileges

Tier30d Aggregate Volume$ORDER StakedCrypto Base Taker FeeCrypto Base Maker FeeRWA Base Taker FeeRWA Base Maker FeeTier Assignment Privilege
Public≥ $0≥ 03.00 bps0.00 bps5.00 bps0.00 bps-
Silver≥ $30M≥ 100K2.75 bps-0.05 bps4.75 bps-0.15 bps-
Gold≥ $90M≥ 250K2.50 bps-0.10 bps4.50 bps-0.25 bpsCan assign Silver / Public
Platinum≥ $1B≥ 2M2.00 bps-0.15 bps4.00 bps-0.35 bpsCan assign Gold & below
Diamond≥ $10B≥ 7M1.00 bps-0.20 bps3.00 bps-0.50 bpsCan assign Platinum & below

The Volume Formula

30d Aggregate Vol.=Distributor Personal Vol.+(All Graduated Invitees’ Vol.)\text{30d Aggregate Vol.} = \text{Distributor Personal Vol.} + \sum (\text{All Graduated Invitees' Vol.}) Reference: Orderly Builder Programme.

4. Revenue Share Mechanics

The Core Equation

Distributors earn the “spread” between the invitee’s base fee and their own. Base fees are tier-based Builder fees paid to Orderly, not the user-facing fees each Builder configures for its trading platform. Distributor Margin: Margin=max(0.1 bps,Invitee Base FeeDistributor Base Fee)Margin = \max(0.1 \text{ bps}, \text{Invitee Base Fee} - \text{Distributor Base Fee}) (A guaranteed 0.1 bps minimum margin applies to Taker orders even if tiers are identical.) For maker orders, higher tiers can have negative base maker fees. Builders may also configure negative user-facing maker fees on their trading platform, which entitles qualifying maker trades to a rebate.

5. Settlement & Distribution

  • Frequency: Daily settlement at 00:00 UTC.
  • Automatic Distribution: Builder Owner revenue is credited to the Builder Admin Account; General EOA revenue is credited to the Distributor.