Orderly One — The No‑Code Perp Builder

TL;DR

Orderly ONE is a no-code platform that lets DAOs, creators, funds, and communities launch branded perpetual DEXs in minutes. It pairs Orderly Network’s institutional-grade, omnichain liquidity layer (shared CLOB) with an AI-driven customization flow so builders can keep fee revenue and control UX without writing code.

Quick comparison: Orderly ONE vs Aster vs Hyperliquid (HIP‑3)

Orderly ONE — No‑code, white‑label perp DEX launcher built on Orderly’s omnichain, shared central limit order book (CLOB). Boots‑rapped liquidity from professional market makers; free to launch, $1,000 broker code to enable fee capture (discounted in native $ORDER). Low‑latency, self‑custody UX.
Aster — User‑facing perp DEX product offering deep pooled liquidity and advanced trade tools (hidden orders, cross‑chain UX). Primarily an end‑user DEX rather than an infra product for white‑label builders.
Hyperliquid (HIP‑3) — Protocol feature to let builders permissionlessly deploy their own perp DEXs on HyperCore. Deployers must stake a large HYPE bond and will run isolated, deployer‑managed markets with validator slashing protections.

What differentiates Orderly ONE (liquidity infrastructure)

Shared orderbooks (CLOB) aggregate liquidity from institutional market makers, professional traders, and retail — reducing slippage for large trades.
Omnichain routing & aggregator (supports many EVM & non‑EVM chains) to let a single builder offer markets across multiple chains.
CeFi‑grade execution (sub‑200ms latency claims) while keeping on‑chain settlement and self‑custody.
AI customization removes dev friction: brandable UI, fee config, and instant deployment.

Benefits of Orderly ONE vs Hyperliquid HIP‑3 and Aster

Vs Hyperliquid HIP‑3

Lower friction to launch: no huge native token stake or onchain auctions to participate in — Orderly’s monetization is $1k broker code (or token discount) vs Hyperliquid’s 500k HYPE staking requirement.
Shared liquidity: Orderly pools liquidity across builders (reduces fragmentation) rather than creating fully isolated orderbooks per deployer.
Bootstrapped market makers & operations: Orderly supplies routing and liquidity primitives; HIP‑3 leaves much of market ops and risk settings to the deployer (and validators can slash).

Vs Aster

White‑label focus: Orderly is infrastructure-first — it enables other brands to run DEXs under their own name and capture fee revenue.
Monetization for communities: Orderly advertises the ability for communities to keep 100% of trading fees and fully configure fee tiers.
Plug‑and‑play for builders: Aster is a product DEX you can list on; Orderly is the tool to create many DEXs quickly.

Pricing & revenue split

Orderly ONE: Launching a DEX is free; to receive a broker code (needed to earn fee revenue) you pay $1,000 or use $ORDER for a 25% discount. Builders can set their own fee schedule and capture the revenue (Orderly markets the “capture 100% of trading fees” value prop). In addition, staking $ORDER unlocks further trading fee reductions for end users and may increase the share of rebates builders receive. This creates an incentive loop where communities benefit both from lower user costs and higher builder revenue retention.
Hyperliquid HIP‑3: Deployers must maintain a 500,000 HYPE stake; the deployer may set a fee share of up to 50% (fee share is configurable in the protocol docs). There are also Dutch auction mechanics for additional asset listings.
Aster: Public docs emphasize deep pooled liquidity and product features; revenue split/partner payout details are product‑specific (not a white‑label revenue model like Orderly ONE).