Orbs Liquidity Hub Brings Aggregated Liquidity To DEX-AMMs, Launched with QuickSwap

September 19, 2023 4:52 AM EDT | Source: InboundJunction Ltd.

Tel Aviv, Israel--(Newsfile Corp. - September 19, 2023) - Orbs, the Layer-3 infrastructure network for decentralized applications, has announced the debut of Liquidity Hub, bringing the power of aggregated liquidity to any DEX-AMM - launched with QuickSwap. The solution is designed to address the growing problem of liquidity fragmentation in DeFi, which results in higher prices for DEX traders.

Liquidity Hub is designed to optimize liquidity and bring the full value of its savings to traders. It relies on a mix of on-chain smart contracts and off-chain logic that's powered by Orb's decentralized L3 nodes. It enables DEXs to attempt to execute trades without going through the AMM and experiencing regular price impact, and guarantees swaps will always be executed at a better price than the one offered by its own smart contract. If Liquidity Hub is unable to execute the trade at a superior price, the trade falls back to the AMM's smart contract and executes as normal.

As a result, Liquidity Hub promises to enhance the trader's experience while executing trades in a secure way. All funds are held on-chain in a non-custodial manner. Orders are executed on-chain through the Liquidity Hub's smart contract, verifying that the swap upholds both sides' requirements at a better execution price than the AMM. Once the swap is confirmed, the funds are exchanged between the two parties on-chain.

Notable features of Liquidity Hub include a unique Maximal Extractable Value (MEV) protection solution for liquidity providers, ensuring no impact on their incentives. The Liquidity Hub serves as a fully composable DeFi protocol building block, with the ability to connect to multiple solvers out of the box, enabling anyone to participate in the bidding process for swaps. Meanwhile, trade manipulation is negated by Orbs' decentralized infrastructure, with transactions facilitated by a secure network of permissionless validators known as Guardians using a proof-of-stake consensus mechanism.

"Liquidity fragmentation is one of the biggest issues currently preventing DeFi DEXs from being able to compete with centralized off-chain venues and on-chain volumes to aggregators. Using Liquidity Hub, existing DEX-AMMs can stay competitive by tapping into additional liquidity sources, without jeopardizing the incentives for liquidity providers," said Ran Hammer, Orbs VP BizDev.

By bringing the benefits of aggregated liquidity to any DEX-AMM, Liquidity Hub provides better execution prices for traders with guaranteed MEV protection for liquidity providers. It enables any DEX platform to benefit from added liquidity to support increased trading volumes without cannibalizing its own liquidity while earning revenue from trading fees.

About Orbs

Orbs is a blockchain infrastructure project. Have been around since 2017, with the network and token live since 2019. Orbs is now focusing on building use cases supported by the network and tech.

The most used protocols on Orbs now are dTWAP and dLIMIT - these are limit order and TWAP protocols that are 100% decentralized, EVM compatible, and can integrate with most DEXs. Currently live with multiple DEXs such as QuickSwap, SpookySwap, Thena, Chronos, and more. The project is being developed by a dedicated team of more than 30 people, with team members in Tel Aviv, London, New York, Tokyo, and Seoul.

For more information, please visit www.orbs.com, or join our community at:
Telegram: https://t.me/OrbsNetwork
Twitter: https://twitter.com/orbs_network

Contact:
Ran Hammer
hello@orbs.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/180980

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