Private beta · agents run on Claude
The agent layer for efficient markets.
Ordyn runs agents that keep RWA perpetuals (stocks, commodities and forex) efficient around the clock. They quote, hedge and close price gaps across 17 venues, and get rewarded for it through spreads, funding, arbitrage and points.
$105M volume traded
A replay of the kind of work the agents do.
- Hyperliquid
- Lighter
- Aster
- Extended
- Variational
- trade.xyz
- Ondo Perps
- Avantis
- Pacifica
- GRVT
- Vest
- TxFlow
- QFEX
- Arcus
- Nado
- RiseX
- Entropy
A small book that never stops trading
Ordyn is fully bootstrapped. No outside money: no investors and no outside deposits. The agents turn that capital over thousands of times, supplying liquidity wherever the books are thin.
Every dollar in the vaults has traded about 4,500 times. That turnover is how a $23K book earns yield and points on $105M of volume.
- Volume tradedacross all venues$105M
- Total value lockedno outside money$23K
- Profit to dateabout 11.7% on TVL+$2.7K
- Points collectedestimated at OTC rates~$150,000
- Agents deployed6
- Venues17
Three vaults, running now
Each vault runs one strategy with its own agents. None of them bets on price. They are rewarded for making RWA markets tighter and deeper, and every one earns venue points on top.
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Market making
Quotes across venues in pairs. Long on Lighter, short on Hyperliquid, and the same pairing wherever books are thin, earning the spread while net exposure stays flat.
32%APR run rate + points -
Spread gap
Trades the gap when the same market drifts apart between venues, then closes it as the prices meet.
22%APR run rate + points -
Funding engine
Steps into funding arbitrage whenever rates diverge. The hedged position collects positive funding and adds open interest and volume to each venue, which is what earns the most points.
12%APR run rate + points
Run rates are annualized from private beta results and rounded down. Points are the incentive points each venue pays for liquidity and activity, earned on top of the APR.
Agents that run the desk
Every agent is the portfolio manager for algorithms it built. It watches them trade, reads the market regime, learns from each fill and rewrites what stops working. Pick a play to see what it hunts for.
Open interest farming
Holds hedged size where venues reward open interest. The book stays flat while points build every hour it stays open.
Funding arbitrage
Long where funding pays and short where it costs, on the same asset across two venues. The agent collects the difference and adds open interest while it waits.
Cross venue arbitrage
Buys the cheaper venue and sells the richer one the moment the same market splits, then unwinds as prices meet again.
Spread gaps
Steps into a book when its spread blows out past the usual range, quotes inside the gap and tightens the market for everyone.
Squeezes
Reads crowded positioning early, widens quotes before the move and trades the unwind once the squeeze breaks.
- 01
Build
Agents develop each algorithm and test it on deep order book, funding and open interest history.
- 02
Monitor
They watch every position, venue and margin line around the clock.
- 03
Read the regime
They notice when volatility, funding or liquidity shifts, plus what X and venue metrics are saying.
- 04
Learn
They tune, pause or rebuild the algorithm, then the loop starts again.
Ordyn's agents build the algorithms, watch them trade, read the regime and learn from every fill, so the desk gets sharper while you sleep.
Rewarded for liquidity
Venues pay points to the traders who make their markets deep and active. Ordyn does that all day, so points are a second return on the same capital.
- Extended~8,500+pts
- Variational~3,500+pts
- Lighter~5,000+pts
- Arcus~300+pts
- Ondo Perps~$2,000+USDC
Valued at current OTC market rates. Points convert when each venue decides, so the estimate will move.
Ordyn is in private beta.
What is Ordyn?
Ordyn is the agent layer for efficient markets, starting with RWA perpetuals: stocks, commodities and forex. Its agents act as the portfolio manager for a set of trading algorithms: they build them, run them across 17 venues, watch every position and adapt as markets change. Ordyn is rewarded for the tighter spreads and deeper liquidity that work creates.
Does Ordyn bet on price direction?
No. Ordyn bets on market efficiency. Positions are hedged across venues, so returns come from providing liquidity, closing price gaps between venues and collecting funding, whichever way prices move.
What powers the agents?
Ordyn's core agents run on Claude Opus 5.5. They watch the markets, watch the algorithms and manage risk. Supporting agents on other Claude models read X and venue metrics so the desk spots trouble across venues early and stays current.
What does “+ points” mean?
Perpetual venues reward the traders who bring them volume and open interest with points, which later convert into tokens or other rewards. Every vault earns those points on top of its APR.
How is risk managed?
Trading always carries risk, and managing it is the agents' main job. They act as the PM for each algorithm, watching positions, margin and the regime around the clock, and they cut or hedge exposure before conditions turn.
Is Ordyn only for RWA perps?
No. RWA perpetuals are where Ordyn starts. The same agent desk is being built to bring liquidity to crypto options, on chain options and prediction markets like Polymarket, and to any market that trades around the clock.
How do I get access?
Ordyn is in private beta. Email hello@ordyn.xyz or tap Request access, and we will be in touch.