Tel Aviv, Israel, January 28th, 2025,
Chainwire
L3 for Advanced On-chain Trading, Orbs, has announced the integration of its Liquidity
Hub with SwapX, a concentrated liquidity AMM (CLAMM) on the Sonic
EVM blockchain. The move will significantly enhance the trading
experience on SwapX, enabling users to access deep liquidity
sources and advanced trading capabilities.
Powered by Orbs’ Layer 3 technology, Liquidity Hub optimizes DEX
trading by aggregating liquidity from on- and off-chain sources.
For SwapX users, this means seamless access to better execution
prices, enhanced capital efficiency, and protection against issues
like miner extractable value (MEV).
The integration represents the first time Liquidity Hub
technology has been deployed on Sonic, a high-performance EVM
blockchain with 10,000 TPS and sub-second finality. As Sonic’s
ecosystem continues to grow, the addition of Liquidity Hub
positions it as a leader in efficient and secure DeFi
solutions.
Ran Hammer, Vice President of Business Development at Orbs,
said: “We’ve been collaborating with SwapX for over a year, and I’m
absolutely thrilled to see our partnership come to life. Sonic is
one of the most innovative and promising new chains in the space,
and with Orbs L3 powering SwapX, we’re excited to witness its
exponential growth and the groundbreaking advancements it will
bring to DeFi.”
Liquidity Hub by Orbs operates as an L3 protocol, layering
advanced functionality atop traditional automated market maker
(AMM) architecture. This technology uses an innovative combination
of onchain solver auctions and decentralized APIs to source
liquidity. Third-party solvers compete to fill swap requests using
AMM liquidity or private inventory, ensuring optimal price
discovery.
Utilizing decentralized APIs, Liquidity Hub allows professional
traders and market makers to submit bids enhancing the liquidity
pool and ensuring competitive pricing. This decentralized and
composable system allows traders to enjoy improved swap execution
while liquidity providers benefit from enhanced capital
utilization.
SwapX is Sonic’s premier decentralized exchange, its CLAMM
delivering advanced liquidity management for liquidity providers
and the best possible user experience for traders. By integrating
Orbs’ Liquidity Hub, SwapX gains access to aggregated liquidity
sources beyond its native pools, offering traders a competitive
edge and further solidifying its position as Sonic’s leading
DEX.
The SwapX integration marks Liquidity Hub’s tenth deployment
across multiple blockchain ecosystems. With a growing presence that
includes platforms like Quickswap and THENA, Orbs is driving the
adoption of advanced trading technologies and setting a new
standard for DeFi efficiency.
About Orbs
Orbs is a decentralized Layer-3 (L3) blockchain designed
specifically for advanced on-chain trading. Utilizing a
Proof-of-Stake consensus, Orbs acts as a supplementary execution
layer, facilitating complex logic and scripts beyond the native
functionalities of smart contracts. Orbs-powered protocols,
including dLIMIT, dTWAP, Liquidity Hub, and Perpetual Hub, push the
boundaries of DeFi by introducing CeFi-level execution to on-chain
trading.
Learn more: https://www.orbs.com/
About SwapX
SwapX is a decentralized exchange (DEX) that aims to become the
leading platform for native concentrated liquidity on Sonic
Blockchain. SwapX aims not only to become the most-used DEX on
Sonic in terms of volume and financial metrics but also to provide
the best liquidity management experience for liquidity providers
(LPs) and users who simply want to swap assets, offering the best
possible UX/UI experience and competitive prices.
Contact
Ran
Hammer
hello@orbs.com
