ORBS, the Layer-3 (L3) On-Chain Trade Protocol, has announced the integration of his liquidity shub with Swapx, a concentrated liquidity-automated market maker (Clamm) on the Sonic Ethereum (ETH) Virtual Main (EVM) Blockchain, as detailed for on Tuesday 28 January.
The integration, the tenth liquidity hub implementation of ORBS in various blockchain networks, is set to give SWAPX users access to extra deep liquidity pools and new trade tools.
Optimized DEX trade
The Liquidityshub of ORBS is powered by L3 technology that is designed to optimize decentralized Exchange (DEX) trade.
By collecting the liquidity of both and off-chain sources, the HUB ensures better implementation prices, improved capital efficiency and improved cyber security, which provides protection against threats such as mining extractable value (MEV).
The collaboration is also important for ORBS because it introduces its liquidity hub to Sonic for the first time.
Able to process 10,000 transactions per second (TPS) and have a finality of Subsecond, Sonic has succeeded in positioning himself as a leader in decentralized finances (Defi), a status that is further confirmed by the new integration.
The Liquidityshub of ORBS, on the other hand, works by establishing improved functionality on existing automated market maker (AMM) structures, the use of chains solvers and decentralized application programming interfaces (APIs) to collect liquidity efficiently.
By able to compete for third-party solutions for SWAP applications, it also ensures optimum price discovery through a mix of AMM-Liquidity and private inventory.
In addition, it enables market makers and professional traders to contribute to bids through decentralized APIs, which offers better implementation for traders and at the same time maximizes the return for liquidity providers.
Promoting swapx as the leading Sonic Dex
Ran Hammer, vice -president of Business Development at ORBS, called Sonic one of the most promising new chains and expressed excitement for the possibilities opened by the new integration:
“We have been working with Swapx for more than a year and I am absolutely happy to see our partnership come to life. Sonic is one of the most innovative and promising new chains in space, and with Orbs L3 Power Swapx, we are pleased to witness the exponential growth and the groundbreaking progress it will bring to Defi. “
Because the leading DEX on Sonic already makes advanced liquidity management possible.
However, by integrating the Liquidityshub of ORBS, it is able to make aggregated liquidity sources outside his native Polish.
With the growing ecosystem of Sonic and the technology of ORBS that is now driving Swapx, the new integration promises some remarkable developments in improved liquidity and Defi as a whole.
