- Spookyswap users can set limit orders using DLIMIT to buy and sell tokens at certain prices.
- With Twap through Orbs, traders can more easily collect a considerable position in a certain active collecting without being hindered by slipping or volatility.
The DLIMIT and Twap protocols of blockchain -infrastructure provider -Ol are integrated in spookyswap on Sonic. This makes it possible for Defi traders on Sonic’s L1 to use the popular decentralized Exchange Spookyswap to gain access to advanced order types.
The integration of spookyswap of the flagship trade protocols from ORBS enables traders to place complex orders in an intuitive user interface. Trades can be subdivided into countless orders using Dlimit and Twap, which are seamlessly integrated into the current user flow of Spookyswap to offer a trade experience in CEX style.
Spookyswap users can set limit orders using DLIMIT to buy and sell tokens at certain prices. By enabling traders to take a position at a favorable price, this maximizes prices. Twap (time-weighted average price) by ORBS, a beloved trade technique that is associated with CEX trade, is integrated with spookyswap.
With Twap through Orbs, traders can more easily collect a considerable position in a certain active collecting without being hindered by slippery or volatility in the liquidity pool. Twap divides the order into manageable chunks that can be gradually executed instead of forcing traders to complete a large transaction in one swap. Moreover, this lowers the chance of purchase at the highest price by guaranteeing a more favorable average admission price.
With more than $ 30 million in 30 days of volume, Spookyswap has emerged as a competitive Sonic Dex. Swaps, deployment, earning and a token -launch path are all supported via its V3 protocol, which is implemented on Sonic’s Fast Layer 1. The services that Spookyswap users can use will be considerably expanded with the integration of DLIMIT and TWAP.
The industrial stand for the provision of algorithmic orders in the Defi Ecosystem is now DLIMIT and TWAP. 15 Prominent Dex’s over nine chains have adopted Orbs Protocols, together with liquidity hub for polished liquidity and perpetual Hub for decentralized unchain -central futures.
