Tel Aviv, Israel, November 29th, 2024,
Chainwire
Orbs, the leading Layer-3 blockchain infrastructure provider, is
celebrating a string of milestones following its investment in
THENA. Since Orbs began supporting THENA with a combination of
capital, marketing, and technical integrations, the BNB Chain
liquidity protocol has reached new heights, culminating in THENA’s
listing on Binance.
Over the past year, THENA has benefited from Orbs’ suite of
advanced Layer-3 trading solutions, including integrations of
dTWAP, dLIMIT, Liquidity Hub, and Perpetual Hub. These technologies
have enabled THENA to deliver efficient trading execution, robust
liquidity management, and innovative perpetual trading
features.
In addition to providing the infrastructure to support THENA’s
growth, Orbs has supplied the investment for it to build out its
roadmap following a strategic $600,000 investment in late 2023.
Coupled with technical and marketing collaboration, Orbs’ input has
extended THENA’s visibility on BNB Chain and enabled it to grow its
market share.
The partnership began in March 2023, when Orbs identified THENA
as a promising DeFi protocol. Recognizing THENA’s focus on building
a ve(3,3)-powered DEX, Orbs made a strategic commitment to support
its long-term growth. THENA was one of the first protocols to adopt
Orbs’ dTWAP and dLIMIT technologies, providing users with advanced
trading tools for precise execution and order automation.
The inclusion of Orbs Liquidity Hub further enhanced trading
efficiency, offering MEV protection, aggregated liquidity, and
gasless transactions. In July 2024, Orbs introduced its Perpetual
Hub to THENA, enabling users to participate in leverage trading
with reduced collateral requirements. These integrations
significantly expanded THENA’s product offerings and positioned it
as a universal DeFi hub on BNB Chain.
Orbs has supported THENA in expanding its market reach through
targeted campaigns and strategic introductions. A community meetup
in Seoul, organized in March 2024, marked THENA’s entry into the
Korean market and strengthened its user base in Asia. Similarly,
joint showcases at Edcon Tokyo and Token2049 Singapore highlighted
THENA’s advanced technology and reinforced its reputation as a
leader in DeFi innovation.
In November 2024, THENA achieved a significant milestone with
its listing on Binance, the world’s largest cryptocurrency
exchange. The listing, preceded by a Binance airdrop campaign,
catalyzed a surge in user interest, culminating in THENA’s native
token reaching an all-time high. This achievement underscores the
strength of THENA’s ecosystem, built on a foundation of advanced
technology, robust tokenomics, and a focused team.
"THENA’s success shows what true partnership and focus can
achieve in DeFi. By integrating Orbs' tech and supporting their
vision with strategic investment, we’ve helped set a new standard
for on-chain trading. The THENA team’s dedication to the Binance
ecosystem has been incredible, and we’re proud to be part of their
journey. This is just the start!" said Ran Hammer, VP of Business
Development at Orbs.
Looking ahead, Orbs and THENA remain committed to driving DeFi
innovation. THENA continues to prioritize its development within
the BNB Chain ecosystem, leveraging Orbs’ infrastructure to deliver
cutting-edge trading features and expand its market presence.
About Orbs
Orbs is a decentralized Layer-3 (L3) blockchain infrastructure
designed specifically 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 one-of-a-kind setup acts as a decentralized backend
that brings CeFi-level execution to DeFi trading.
Learn more: https://www.orbs.com/
About THENA
THENA is a decentralized exchange (DEX) built on BNB Chain,
leveraging ve(3,3) mechanics to drive liquidity and reward
participation. Focused on delivering advanced trading solutions,
THENA empowers users with a seamless DeFi experience including spot
and perps trading, liquidity pools, and fiat on-ramp.
Learn more: https://thena.fi/
Contact
Ran
Hammer
hello@orbs.com
