TL;DR
- Orbs, a Layer 3 (L3) trading protocol, integrates its Liquidity Hub with SwapX on the Sonic Ethereum Virtual Machine (EVM) blockchain.
- The collaboration enhances market efficiency, offering better prices, advanced security, and access to deep liquidity pools.
- SwapX, as the leading DEX on Sonic, benefits from innovative tools that drive the growth of the DeFi ecosystem.
Orbs, known for its advanced Layer 3 technology for on-chain trading, has announced the integration of its Liquidity Hub with SwapX, an innovative Concentrated Liquidity Automated Market Maker (CLAMM) operating on the Sonic Ethereum Virtual Machine (EVM) blockchain. This move marks Orbs’ tenth Liquidity Hub deployment across various blockchain networks, and its first integration with Sonic.
Sonic has become known for its ability to process up to 10,000 transactions per second (TPS) with sub-second finality, positioning itself as a leader in the decentralized finance (DeFi) ecosystem. With this integration, SwapX expands its liquidity management capacity, enabling its users to access deep liquidity pools and optimized trading tools, key elements that strengthen its position as the leading DEX on Sonic.
Layer 3 Technology and Benefits for DeFi
Orbs’ Liquidity Hub operates using L3 technology designed to optimize trading on decentralized exchanges (DEXs). This tool aggregates liquidity from both on-chain and off-chain sources, ensuring better execution prices, improved capital efficiency, and enhanced protection against threats like miner extractable value (MEV).
Moreover, the hub incorporates on-chain solver auctions and decentralized APIs that allow market makers and professional traders to participate. This approach ensures better execution for users while maximizing returns for liquidity providers.
Boosting the Growth of Sonic and SwapX
Ran Hammer, Vice President of Business Development at Orbs, emphasized the significance of this integration for the DeFi ecosystem:
“We’ve been collaborating with SwapX for over a year, and I’m thrilled to see this partnership come to life. Sonic is one of the most promising and innovative new chains in the space, and with Orbs L3 powering SwapX, we’re excited to witness exponential growth and groundbreaking advancements for DeFi.”
SwapX already offers advanced liquidity management tools, but the integration with Orbs allows it to tap into aggregated liquidity sources beyond its native pools. This positions Sonic as a key player in the DeFi space, expanding its capabilities to attract more users and developers.
With this collaboration, Sonic and Orbs aim to transform the DeFi landscape, offering more efficient and secure solutions that promise to revolutionize access to liquidity in decentralized markets.
