Orbs’ Liquidity Hub comes to QuickSwap

Orbs’ Liquidity Hub comes to QuickSwap Orbs’ Liquidity Hub comes to QuickSwap Marko Marjanovic Cryptocurrency Oct 24, 2024

Orbs, a Layer-3 (L3) blockchain infrastructure provider, has announced that its Liquidity Hub is now integrated with QuickSwap, as reported to Finbold on Thursday, October 24.

As a leading decentralized exchange (DEX) with multi-chain support, QuickSwap will leverage Orbs’ technology to aggregate Ethereum (ETH) liquidity and deliver more competitive pricing.

The decision to integrate Orbs’ Liquidity Hub was made possible by an overwhelming community vote. 

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Orbs launches on Ethereum

As part of its expansion to Ethereum, QuickSwap will rely on Orbs’ Liquidity Hub to source all of its liquidity, offering users better pricing by combining on- and off-chain liquidity pools.

When you place an order on QuickSwap, the Liquidity Hub uses a network of competing third-party solvers to fill it. 

These solvers can access on-chain liquidity from automated market makers (AMMs) or access their private inventories. 

Additionally, the system is accessible within an application programming interface (API), allowing professional market makers to submit bids and participate in the liquidity competition to ensure the best possible pricing.

Reducing price impact and optimizing liquidity for traders

The Liquidity Hub integrates with other platforms like ParaSwap and Odos, and QuickSwap has previously integrated other Orbs technologies like dTWAP and dLIMIT on its Polygon platform. 

These advanced trading tools allow users to place Dollar-Cost Averaging (DCA) orders or split large trades into smaller ones to reduce price impact. 

The success of these protocols on Polygon contributed to QuickSwap’s confidence in adopting Orbs’ Liquidity Hub for its Ethereum operations.

With the new integration, QuickSwap will be able to strengthen its position as a leading multi-chain DEX, providing a superior trading experience across a range of Layer-1 (L1) and Layer-2 (L2) networks. 

Likewise, the integration will boost the platform’s capital efficiency, grow its user base, and enhance liquidity options.

Source

Updated: 10/24/2024 — 05:00

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