Orange Finance (ORANGE)

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Overview

Orange Finance is a decentralized liquidity management protocol built for the LPDfi (Liquidity Provider DeFi) era. Its goal is simple: make it easier for anyone to put capital to work on advanced AMMs and options protocols while squeezing more yield out of each dollar. The app focuses on automation. Users can deposit a single asset, and Orange Finance handles range selection, rebalancing, and hedging behind the scenes. That combination aims to boost net returns for LPs on chains where Orange operates, most notably Arbitrum, with expansion to new ecosystems like Berachain. On the Orange Finance blockchain stack, the protocol integrates directly with DEXs and LPDfi venues rather than running its own base chain. It slots into the places LP activity already lives. (orangefinance.io)

At a high level, Orange Finance’s vaults supply concentrated liquidity to CLAMM pools and LPDfi protocols. The system tracks price, volatility, and utilization to adjust positions, seeking to stay in-range and harvest trading fees and premiums. For users, this means fewer knobs to turn and fewer transactions to manage. For protocols, it helps bootstrap and stabilize liquidity. The automation is supported by smart contracts and orchestrated updates, including off-chain components, to keep positions aligned with market conditions. (orangefinance.io)

History & Team

Timeline

• 2022: Orange Finance first introduced itself publicly as an automated, market‑neutral liquidity manager for Uniswap v3. The early messaging focused on solving the constant rebalancing problem in concentrated liquidity, and on using delta hedging to control exposure. (threadreaderapp.com)
• 2023: The team began pilots with Arbitrum-native partners, including an announced partnership with Camelot. These early vaults showcased delta‑neutral strategies on v3 pools. (mirror.xyz)
• Late 2023: Orange formalized its LPDfi direction, exploring integrations with new derivatives AMMs like InfinityPools. (mirror.xyz)
• February 2024: Orange’s first public LPDfi vault on Stryke (formerly Dopex) launched on Arbitrum, alongside a campaign to encourage early deposits. (mirror.xyz)
• July 2024: Orange completed an angel round supported by well-known builders in the LPDfi and Arbitrum ecosystems—participants included the founder of Stryke, the co‑founder of Camelot, a SushiSwap partnerships lead, and core contributors from InfinityPools and Superseed. (mirror.xyz)
• August 2024: The project introduced the Orange Points program (“Mission to the Moon”) to track user activity and prepare for a future token generation event (TGE). (mirror.xyz)
• January 8, 2025: Orange reported a security incident where an attacker took over the admin address and upgraded vault implementations, draining funds. A follow‑up report attributed the losses to a multisig misconfiguration, not a smart‑contract bug. (cryptonews.net)
• February 18, 2025: Operations resumed and protected funds on Stryke were returned to users as part of an “Orange Reboot” campaign supported by Stryke and Plutus. (mirror.xyz)
• March 14, 2025: Dual‑liquidity vaults launched on Berachain with Stryke, including WETH‑HONEY, WBTC‑HONEY, and WBERA‑HONEY vaults incentivized with BERA rewards. (mirror.xyz)

Core contributors

Orange Finance operates with a builder‑first, pseudonymous culture common in DeFi. Public posts and technical announcements are signed by contributors using handles such as 0xkohaku and 0xz8n, who have authored the majority of the protocol’s technical updates and launch notes. (mirror.xyz)

Technology & How It Works

What is LPDfi?

LPDfi builds financial products—like options, swaps, or structured payoffs—directly on top of DEX liquidity. Rather than matching traders to a centralized counterparty, LPDfi protocols route orders against tick‑level liquidity from CLAMMs. Liquidity provider positions are often wrapped as ERC‑1155 or ERC‑721 tokens, enabling fine‑grained position management and composability across DeFi. Orange Finance specializes in automating the complex parts of this stack for LPs and protocols. (orange-finance.gitbook.io)

Tick‑level automation

On LPDfi venues, effective LPing can require managing dozens to hundreds of simultaneous ticks. Orange’s vaults abstract that overhead: they monitor utilization, burn and re‑mint freed liquidity, and resize tick intervals to balance precision with gas costs. Positions can number in the dozens at any given time, but the vault wraps them into an ERC‑20 representation so users track a single token per strategy. (orange-finance.gitbook.io)

Range control, rebalancing, and hedging

The system controls ranges based on volatility, rebalances when price escapes the band, compounds fees, and may use delta‑hedging overlays to smooth portfolio value across market moves. Automation is coordinated by smart contracts with scheduled or event‑driven operations. Some Orange vaults employ automation frameworks (such as Gelato) to trigger on‑chain actions, while earlier materials also reference off‑chain bots for rebalancing—both reflect the project’s focus on timely, rules‑based position upkeep. (orangefinance.io)

Integrations

• Stryke (formerly Dopex): Orange is integrated with Stryke’s CLAMM and options stack, letting LPs earn both DEX fees and option premiums through specialized vaults. (mirror.xyz)
• Camelot and SushiSwap: Orange has worked with Arbitrum‑native and multi‑chain AMMs to route liquidity and test delta‑neutral v3 strategies. (mirror.xyz)
• Berachain: Dual‑liquidity vaults on Berachain expand Orange beyond Arbitrum and illustrate how its vault logic ports to new ecosystems. (mirror.xyz)

Security posture

The project highlights audits by WatchPug and Zokyo on its site. Following the January 2025 incident tied to multisig configuration, Orange published an investigation, returned safeguarded funds on Stryke, and relaunched operations with a reboot campaign. (orangefinance.io)

Tokenomics & Utility

Orange Finance has discussed an ecosystem token, commonly called the ORANGE token, with its Orange Points program serving as the path for early community members to earn eligibility. In its August 6, 2024 announcement, the team noted a TGE was planned for Q1 2025 and that up to 10% of the total token allocation would be reserved for governance and distribution of protocol revenue. The Points program spans multiple chapters, including social, on‑chain activity, and participation across partner LPDfi protocols on Arbitrum and beyond. (mirror.xyz)

While Orange has not publicly fixed final “Orange Finance tokenomics” in a canonical whitepaper at the time of writing, the expected roles are clear from the program design and common patterns in DeFi:

• Governance: The token would be used to steer strategy parameters, partner integrations, and emissions schedules.
• Incentives: Points‑to‑token conversions, vault boosts, and retroactive rewards tie user activity to token distribution.
• Revenue sharing or fee routing: The team has referenced a portion of supply dedicated to governance and protocol revenue distribution, suggesting a mechanism to align token holders with long‑term protocol growth.
• Ecosystem growth: Cross‑campaign rewards with partners like Stryke, Berachain builders, or future LPDfi venues expand reach over time. (mirror.xyz)

Because ORANGE is designed to sit at the center of vault usage and governance, factors that could influence future ORANGE price include vault adoption, strategy performance, partner incentives, cross‑chain deployments, and the general health of the LPDfi segment. As always, live market data will be shown in TokenRadar’s dynamic module; here we focus on how utility links to demand.

Ecosystem & Use Cases

For liquidity providers

LPs want higher real yield with fewer busywork tasks. Orange Finance helps by automating deposit, range control, and rebalancing. Features include single‑asset deposits, narrowing ranges when volatility falls, widening when it rises, and re‑deploying liquidity when ticks free up. The goal is to keep capital active and in‑range while using LPDfi rails to add premiums on top of trading fees. (orangefinance.io)

For protocols

Projects launching new pools or options markets often face a cold‑start problem. Orange vaults help move liquidity from AMMs into LPDfi venues, creating deeper books and smoother trading. This can stabilize price discovery on the underlying DEX and kick‑start ecosystems—one reason the team emphasizes smart‑contract‑level integrations with partners. (orangefinance.io)

Current integrations and campaigns

• Stryke vaults on Arbitrum for pairs like WETH/USDC, WBTC/USDC, and ARB/USDC.
• Berachain vaults paired with HONEY and WBERA, with BERA incentives distributed over eight weeks to depositors.
• Earlier pilots with Camelot v3 and work with SushiSwap and InfinityPools.
  These show a multi‑chain expansion path for the Orange Finance blockchain footprint within EVM ecosystems. (mirror.xyz)

DeFi, NFTs, and gaming angles

• DeFi: Orange Finance DeFi vaults are the core product and plug into the LPDfi stack for options and structured payoffs.
• NFTs: Many LP positions in v3 AMMs are ERC‑721s; Orange abstracts these into fungible vault shares for simpler tracking and potential composability with other protocols. (orange-finance.gitbook.io)
• Gaming: For game economies that rely on liquid, tradable tokens, LPDfi‑driven options liquidity can support healthier markets. Orange’s vault model, by concentrating liquidity and automating upkeep, can help reduce slippage for volatile small‑cap tokens—a useful trait for studios experimenting with on‑chain assets.

Advantages & Challenges

Advantages

• Effortless LPing: Single‑asset deposits and automated range/hedge controls reduce the operational load. (orangefinance.io)
• Tick‑level precision: The system manages dozens of micro‑positions so users don’t have to. (orange-finance.gitbook.io)
• LPDfi upside: Vaults can earn not only DEX fees but also premiums or additional incentives from option or derivative layers. (mirror.xyz)
• Partner network: Collaborations with Stryke, Camelot, SushiSwap, and Berachain broaden access and rewards. (mirror.xyz)
• Audited codebases: Audits by WatchPug and Zokyo are listed on the official site. (orangefinance.io)

Challenges

• Complexity under the hood: LPDfi requires careful tick accounting and timing; Orange hides this, but the system itself is intricate and evolving. (orange-finance.gitbook.io)
• Security operations: The January 2025 incident, traced to a multisig configuration issue, underscores how ops security matters as much as contract logic. The team resumed operations and returned protected funds, but operational rigor remains a key focus for any DeFi protocol. (mirror.xyz)
• Ecosystem dependence: Orange’s advantages grow as LPDfi adoption grows. If partner venues stagnate, vault opportunity sets can narrow. (mirror.xyz)

Where to Buy & Wallets

If you’re exploring where to buy ORANGE, note that the team announced an Orange Points program with a planned TGE. Token listings and exact venues are typically confirmed close to launch. Historically, Orange has built on Arbitrum and integrated with Stryke, Camelot, and SushiSwap, and later expanded to Berachain—so it’s reasonable to expect initial liquidity on EVM DEXs in those ecosystems once ORANGE goes live. Always rely on Orange Finance’s official channels for the final word on listings and contract addresses. (mirror.xyz)

Wallet setup is straightforward:

• Use an EVM wallet such as MetaMask or Rabby and add the Arbitrum network (or Berachain when available).
• Bridge funds to the target chain using a reputable bridge.
• When the token contract is officially published, import it to your wallet to see balances.
• If purchasing on a DEX, connect your wallet, select the verified ORANGE contract, and swap from a stablecoin or ETH.

For vault participation, Orange’s app connects the same way: choose a vault, deposit a single asset, and the strategy tokenizes your share.

Regulatory & Compliance

Orange Finance is a permissionless, non‑custodial protocol that offers automated liquidity strategies on public networks. The project does not claim any specific regulatory licenses on its site and presents itself as software infrastructure that integrates with third‑party AMMs and LPDfi protocols. Its codebases have undergone audits (WatchPug and Zokyo) and the team publicly documented its January 2025 incident response and operational reboot. These steps speak to operational transparency rather than formal regulatory registration. For reference, the January 2025 follow‑up report attributes losses to a multisig configuration issue rather than a contract flaw, and operations resumed in February with protected funds returned from Stryke. (orangefinance.io)

On faith‑based considerations, users often ask whether Orange Finance halal or ORANGE shariah compliant. As of now, the project has not published an official shariah ruling or certification. Some features—like non‑custodial design and transparent, on‑chain operations—are neutral building blocks. Others, such as options‑related yield typical in LPDfi, draw different views among scholars. In short, Orange Finance halal status has not been formally affirmed by the team; interested users should look for a clear, public certification if one is issued in the future. (orangefinance.io)

Regarding Orange Finance regulatory status in major jurisdictions, the protocol has not announced formal registrations in the U.S. or EU. Like many DeFi apps, its compliance footprint generally depends on how tokens are distributed, what rights they confer, and how front‑ends are offered to users in different regions. Any official updates typically appear on Orange’s website or blog first. (orangefinance.io)

Future Outlook

Orange’s roadmap themes are clear: deepen LPDfi integrations, expand chain coverage, and convert Points‑era users into long‑term vault participants and governors. The Berachain launch shows the vault engine is portable. If the team continues to add pairs and venues (for example, more Stryke CLAMM pairs or integrations with new LPDfi primitives), the strategy universe widens, which can attract more deposits.

Key drivers to watch that may influence ORANGE token demand and ORANGE price after launch include:

• Growth of LPDfi volumes and incentives on partner protocols like Stryke.
• Performance and stickiness of vault yields versus passive LPing.
• New chain deployments (e.g., Berachain and other EVM L2s) that bring fresh user bases.
• Security and ops maturity demonstrated over time post‑reboot.
• Clear, transparent “Orange Finance tokenomics” that tie utility to protocol cash flows and governance in a way users trust. (mirror.xyz)

If these pieces line up, Orange can remain a first mover in automated LPDfi liquidity, offering both LPs and protocols a simpler path to deep, productive liquidity.

Summary

Orange Finance is building automation for a new class of DeFi liquidity—LPDfi—that blends concentrated AMM liquidity with derivatives‑style payoffs. The protocol’s value proposition is straightforward: automate the hard parts (tick management, rebalancing, and hedging) so LPs can focus on allocation, while protocols get stable, productive liquidity. Over the past two years, Orange has partnered with Stryke, Camelot, SushiSwap, and others, launched campaigns and vaults across Arbitrum and Berachain, and navigated a public security incident with a documented response and relaunch.

The expected ORANGE token sits at the center of this design, with Points‑based distribution and governance/revenue alignment described in prior updates. For users searching where to buy ORANGE or tracking ORANGE price, listings and metrics will be shown dynamically on TokenRadar; the core story is the same: utility follows adoption. As LPDfi matures and cross‑chain deployments grow, Orange Finance’s combination of automation, integrations, and community campaigns puts it in a strong position to help shape how DeFi liquidity, NFTs, and even gaming‑adjacent economies manage on‑chain markets. (mirror.xyz)