Lynex, the premier decentralized exchange (DEX) on the Linea blockchain, has announced an exciting new integration with Orbs' Liquidity Hub protocol. This move will expand the liquidity options available on Lynex, offering users enhanced trading features and more efficient order execution.
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Revolutionizing Trading with Advanced Features
The integration of Orbs’ Liquidity Hub introduces several key benefits to Lynex users:
Enhanced Execution Prices: By tapping into a wider range of liquidity sources, traders will experience improved execution prices and reduced slippage.
MEV Protection: Users are shielded from miner extractable value (MEV) attacks, ensuring fairer trading conditions.
Gasless Transactions: The integration eliminates transaction fees, making trading on Lynex more cost-effective.
Liquidity Hub leverages both centralized (CEX) and decentralized (DEX) liquidity sources, seamlessly integrating them into Lynex’s existing DEX interface. This allows traders to enjoy better pricing without any additional friction or costs.
Complementing Existing Protocols
The addition of Liquidity Hub enhances Lynex’s existing suite of Orbs protocols, including dLIMIT and dTWAP. These advanced order types, now combined with Liquidity Hub, provide Linea users with the benefits of CEX-level trading within a decentralized framework. This trio of protocols ensures that users have access to top-tier trading tools and liquidity solutions.
Liquidity Hub operates as an optimization layer above the Automated Market Maker (AMM). It improves the trading process by sourcing liquidity from external providers rather than relying solely on the DEX's internal pools. This includes third-party solvers and decentralized orders via API, which cater to professional traders and market makers seeking optimal trade execution.
Expanding Industry Adoption
Lynex’s integration of Orbs' Liquidity Hub marks it as the sixth protocol to adopt this innovative technology. Previous adopters include Quickswap on Polygon PoS and zkEVM, Thena on BNB Chain, IntentX on Base, and Spooky on Fantom. This widespread adoption underscores Liquidity Hub’s role as an industry standard for achieving the best possible pricing in decentralized trading environments.
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About Orbs
Orbs is a cutting-edge decentralized Layer-3 (L3) blockchain infrastructure tailored for advanced on-chain trading. It enhances trading capabilities with aggregated liquidity, advanced order types, and on-chain derivatives. Orbs operates as a decentralized backend, bringing the high execution standards of centralized finance (CeFi) to decentralized finance (DeFi) without requiring liquidity migration to a new chain. Learn more: Orbs
About Lynex
Lynex is a leading decentralized exchange (DEX) and liquidity marketplace on the Linea blockchain, with a track record of over $2 billion in all-time trading volume. It facilitates seamless token swaps, rewards liquidity providers with $LYNX, and enables users to influence emission flows within the trading environment. Lynex’s community-focused approach and dynamic platform make it a key player in the Linea ecosystem. Learn more: Lynex
Orbs Liquidity Hub Enhances Lynex: Access Superior Liquidity & Trading Efficiency
blockster.com
03 September 2024 19:17, UTC