en
Back to the list

Orbs Liquidity Hub Launches on Ethereum via QuickSwap Partnership

source-logo  blockchainreporter.net 23 October 2024 22:26, UTC

QuickSwap, a well-established multi-chain decentralized exchange (DEX), has joined Orbs Liquidity Hub to offer the Ethereum network a new opportunity. This great strategy will enable QuickSwap to bring together Ethereum liquidity using Orbs’ unique feature, enhancing the pricing structure for the traders on the platform.

Ethereum Liquidity Aggregation

Orbs’ Liquidity Hub integrates on-chain liquidity from AMM pools with private stocks and third-party solvers. These solvers are both on-chain and off-chain in that they strive to execute orders at the cheapest rates so that traders receive the best deals. The integration will give QuickSwap the ability to access many sources of liquidity, improving the platform’s user experience.

Orbs Powers QuickSwap’s Liquidity and Expansion

The QuickSwap community supported implementing Orbs technology through an overwhelming governance vote. QuickSwap’s vision is to become a more efficient DEX with competitive pricing and frictionless trading experiences. Some decentralized exchanges have already adopted the Orbs Liquidity Hub, building experience and earning a reputation as a go-to solution for liquidity aggregation.

QuickSwap’s integration with Orbs follows its previous success in deploying dTWAP and dLIMIT protocols on the Polygon network. These protocols allow traders to place advanced trading orders, such as Dollar-Cost Averaging (DCA) and large trade splitting, helping to minimize price impact. QuickSwap further expands as a multi-chain DEX by integrating Orbs Liquidity Hub. Such a move at the platform would enable it to source 100% of Ethereum liquidity through Orbs, thereby supporting the goal of QuickSwap to be in the lead in offering very compelling and competitive trading experiences between Layer-1 and Layer-2 networks.QuickSwap’s expansion to Ethereum, powered by Orbs technology, will expand its user base and optimize traders’ capital efficiency.

blockchainreporter.net