ORDER, the native token of Orderly Network, a decentralized orderbook protocol designed to provide low-latency and high-performance trading infrastructure, is experiencing significant interest from market participants. Data shared by market analyst Satoshi Club indicates that ORDER's value has seen a substantial increase following the protocol's announcement of dedicating 60% of its network fees to buy back ORDER tokens. On Tuesday, November 5, 2025, Orderly Network officially commenced its buyback initiative for the ORDER token. As per the announcement, the platform will utilize 60% of its protocol fees to purchase ORDER tokens from the open market bi-weekly.
The Buyback Program Aims to Reduce Token Circulating Supply
On August 26, 2026, the Orderly community approved a governance proposal that earmarks 60% of net transaction fees for the regular repurchase of ORDER tokens from the public market. The commencement of this buyback program signifies the implementation phase of that governance proposal. Through this initiative, Orderly Network aims to transform its tokenomics model, thereby enhancing token value, promoting long-term sustainability, and aligning rewards with token investors.
The platform will deposit the repurchased tokens into a community-controlled vault. This strategic move is expected to effectively reduce the circulating supply of ORDER and generate deflationary pressure.
This implementation represents a strategic shift for Orderly Network, moving away from distributing VALOR tokens as incentives towards introducing a buyback program for ORDER tokens. The decision to transition from inflationary VALOR token emissions is intended to streamline the reward structure for token holders. With the adoption of the deflationary buyback model, the network seeks to progressively decrease the circulating supply of ORDER over time and better align rewards between the network and its token holders.
ORDER Nears Potential Major Breakout
ORDER has experienced a remarkable 47% price surge in the last 24 hours, reaching a peak value of $0.1732, its highest point since late August. This significant rise positioned ORDER as the fourth-best performing cryptocurrency of the day, following KITE, CUDIS, and XNO, which saw gains of 48.7%, 72.7%, and 79.4% respectively, according to data from Phoenix Group.
The sudden price spike, which has captured the attention of market analysts, suggests that the asset may be on the verge of a significant breakout from its current downturn. ORDER, currently trading at $0.1701, has seen a decline of 28.2% over the past week and 63.0% over the past month, indicating a recent market slump.
The introduction of the buyback program is identified as the primary catalyst behind today's rally, fostering a positive market sentiment among strategic investors.