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Layer 3 Blockchain Project Orbs Unveils Blueprint for Enhancing DeFi Trading

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2024-08-09 00:50:12462browse

Layer 3 blockchain project Orbs has unveiled its blueprint for enhancing DeFi trading by adding additional capabilities to decentralized platforms.

Layer 3 Blockchain Project Orbs Unveils Blueprint for Enhancing DeFi Trading

Layer-3 blockchain project Orbs has revealed its plan to enhance decentralized finance (DeFi) trading by adding advanced capabilities to decentralized platforms. Its solution brings CeFi-level execution to DeFi platforms, offering a superior onchain trading experience.

The Orbs decentralized L3 infrastructure is designed to enable advanced onchain trading by providing deep liquidity on demand. This brings CeFi-level execution capabilities to DeFi platforms across the omnichain landscape.

By providing DeFi protocols with aggregated liquidity, Orbs enables decentralized exchanges (DEXs) to offer onchain pricing that rivals centralized exchanges. In addition to improving spot trading, Orbs' technology can support onchain derivatives, allowing leveraged trades to be executed at market prices.

Moreover, Orbs enables DEXs to facilitate complex trading strategies with advanced order types and decentralized derivatives, giving users unparalleled control and flexibility. This is achieved without requiring liquidity to be moved to a new chain, essentially forming a decentralized backend for decentralized trading platforms that bridges the gap between DeFi and CeFi.

While users are drawn to onchain trading for its privacy, security, and lack of counterparty risk, they often encounter challenges such as liquidity fragmentation, inferior user experience, and uncompetitive pricing. Orbs enables DEXs that utilize its technology to overcome these obstacles, providing DeFi users with an experience that rivals their centralized counterparts.

The Orbs execution layer currently powers four main protocols:

Liquidity Hub: A decentralized optimization layer that allows DEXs to tap into external liquidity sources to provide CeFi-competitive prices on swaps.

Perpetual Hub: A full suite of services including hedger, liquidator, and oracle, enabling intent-based onchain perpetual futures trading.

dTWAP Protocol: An advanced order type for DEXs that permits CeFi-level time-weighted average price (TWAP) orders to be executed onchain.

dLIMIT Protocol: An advanced order type for DEXs that allows CeFi-level limit orders to be executed onchain.

When integrated into a decentralized trading platform, these protocols equip traders with cutting-edge tools and platforms, ensuring secure, scalable, and efficient trading solutions without the need for centralized intermediaries.

From enabling the execution of complex trading strategies to unlocking external liquidity sources, Orbs' Layer-3 technology ushers in a new era of decentralized finance that transcends the limitations of onchain liquidity.

About Orbs

Orbs is a decentralized Layer-3 (L3) blockchain infrastructure specifically designed for advanced on-chain trading. Orbs optimizes trading with aggregated liquidity, advanced trading orders, and on-chain derivatives. Orbs enhances the capabilities of both EVM and non-EVM smart contracts without moving liquidity onto a new chain. This unique setup acts as a decentralized backend that brings CeFi-level execution to DeFi trading.

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