TL;DR
- The Orbs Liquidity Hub has launched on QuickSwap, Polygon’s largest DEX, thanks to community support.
- This integration allows Ethereum users to access deep liquidity without the need to create liquidity pools directly on the chain.
- Orbs uses a network of solvers to offer competitive pricing, integrating with platforms such as ParaSwap and Odos.
The recent expansion of Orbs’ Liquidity Hub to QuickSwap has marked a significant milestone in the decentralized finance (DeFi) ecosystem.
QuickSwap, known for being the largest decentralized exchange on the Polygon network, has managed to implement a liquidity aggregator on Ethereum, allowing users to access some of the deepest liquidity on the blockchain.
For the first time, Liquidity Hub is live on Ethereum mainnet via @QuickswapDEX! 💥
LH aggregates on-chain and off-chain liquidity, supported by a network of solvers, including @paraswap
Learn more: https://t.co/8La0UoYRQg pic.twitter.com/nIh3M2b4EA
— Orbs (@orbs_network) October 23, 2024
This expansion is being made possible by a strong governance proposal that reflects unanimous community support.
The information comes from an article published by Ran Hammer, which details this exciting integration.
Unlike other models that require the creation of liquidity pools on Ethereum, QuickSwap has chosen to leverage Orbs’ innovative Liquidity Hub technology.
This solution aggregates liquidity from both on-chain and off-chain sources, ensuring that traders can get competitive prices.
The Liquidity Hub relies on a network of solvers competing with each other to find the most profitable liquidity for each transaction, an approach that includes partnerships with well-known platforms in the DeFi space, such as ParaSwap and Odos.
The arrival of the Orbs Liquidity Hub to QuickSwap is a clear manifestation of the evolution and improvement in DeFi services.
With the implementation of this technology, QuickSwap becomes the eighth platform to integrate the protocol, consolidating itself as a benchmark in the search for the best prices through different ecosystems.
Projects such as THENA, Lynex and IntentX have already used this solution, demonstrating the growing adoption of this innovative infrastructure.
The Orbs Liquidity Hub Revolution
Orbs’ Liquidity Hub has revolutionized the way liquidity is accessed in the DeFi space.
Instead of following the traditional swap model on a DEX, this platform uses a more dynamic approach by incorporating on-chain solver auctions.
This means that third parties can compete to execute swaps using liquidity from automated pools or their own private inventories, optimizing the efficiency of the process.
Additionally, the decentralized order system via API allows institutional and professional traders, such as market makers, to submit competitive bids, adding a layer of flexibility and opportunity in trading.
This model not only improves accessibility to liquidity, but also democratizes traders’ ability to profit from an ever-changing market.
With this integration, QuickSwap strengthens its position in the market and aligns with Orbs mission of offering effective and scalable solutions in the DeFi space.
Ethereum users now have the ability to experience optimized liquidity, allowing them to operate more easily and efficiently in their transactions.
QuickSwap’s evolution into Ethereum is a testament to the potential of blockchain technology and the impact it has on the future of decentralized commerce.
The arrival of the Orbs Liquidity Hub on QuickSwap represents a significant advancement in the DeFi ecosystem, providing innovative tools that will benefit both retail and institutional traders.
This collaboration opens up new opportunities in the sector and sets a new standard in the way liquidity can be accessed across different networks.
