ORDER Spikes 47% After Orderly Network Launches Buyback Token Program
ORDER, the native token of the decentralized orderbook protocol Orderly Network, saw a significant price surge following the announcement of a buyback initiative. Starting November 5, 2025, 60% of the network's fees will be used to repurchase ORDER tokens every two weeks, as per a governance proposal passed in August 2026. This move aims to reduce circulating supply, create deflationary pressure, and enhance the token's long-term value and sustainability. ORDER's price rose by 47% in 24 hours, reaching $0.1732, making it the fourth-best performing cryptocurrency of the day. Analysts view the rally as a sign of a potential breakout from previous market downturns.
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Introduction to ORDER Token and its Recent Attention
ORDER, a native token of Orderly Network – a decentralized orderbook protocol providing low-latency and high-performance trading infrastructure – is gaining significant attention from market participants. According to data shared today by market analyst Satoshi Club, ORDER skyrocketed its value massively after the protocol announced the use of 60% of its network fees to buy back ORDER tokens. Yesterday, on Tuesday, November 5, 2025, Orderly Network announced the launch of a buyback initiative for the ORDER token. As per the announcement, the platform will allocate 60% of the protocol fees to buy ORDER tokens every two weeks from the open market.
Impact of the Buyback Program on Market Sentiment
$ORDER is seeing a significant surge following the recent announcement of the buyback program. The tweet by Satoshi Club highlighted the excitement:
“$ORDER is pumping after yesterday’s announcement that the protocol will use 60% of fees to buy back tokens.”
This move has generated widespread interest among investors and market participants, contributing to a noticeable uplift in market sentiment.
Details of the Buyback Program
On August 26, 2026, the Orderly community passed a governance proposal to allocate 60% of net transaction fees for regular buybacks of ORDER tokens from the public market. The launch of the program marks the official implementation of this governance proposal.
Using this initiative, the Orderly Network aims to:
- Revolutionize its tokenomics model.
- Enhance token value.
- Improve long-term sustainability.
- Align rewards with token investors.
Key strategy: The platform will deposit repurchased tokens into a community-controlled vault, effectively decreasing the circulating supply and introducing deflationary pressure on the token.
Transition from Inflationary Emissions to a Deflationary Model
The implementation of the buyback program signifies a strategic move by the Orderly Network to transition from distributing inflationary VALOR tokens as rewards to introducing a deflationary rewards model for ORDER tokens. By reducing the circulating supply over time, this initiative aims to:
- Streamline the reward structure for token holders.
- Increase the value alignment between the network and its investors.
- Enhance the long-term sustainability of the project.
ORDER Token's Recent Price Performance
ORDER experienced a remarkable 47% price surge over the past 24 hours, reaching a peak value of $0.1732, its highest level since late August. This rise positions ORDER as the fourth best-performing cryptocurrency today, following KITE (48.7%), CUDIS (72.7%), and XNO (79.4%), based on data from Phoenix Group.
The current price of ORDER is $0.1701. Despite this surge, ORDER has faced a significant market slump over the past week and month, down 28.2% and 63.0%, respectively. However, today’s rally, driven by the introduction of the buyback program, has renewed positive market sentiment, signaling a potential major breakout.