Layer 3 Orbs has announced that its Liquidity Hub has been integrated by QuickSwap, the leading multi-chain DEX. The integration will aggregate Ethereum liquidity using Orbs technology to enhance pricing on QuickSwap.
To support its expansion to Ethereum, QuickSwap will be using Orbs Liquidity Hub to source 100% of the liquidity its DEX procures. This will enable QuickSwap to provide competitive pricing using a combination of on- and off-chain liquidity sourced by Orbs.
QuickSwap’s decision to expand to Ethereum and leverage Orbs technology was ratified following a governance vote which overwhelmingly approved the move. Orbs Liquidity Hub has become the gold standard for liquidity aggregation, having been integrated by multiple DEXs operating on various chains.
When a DEX order is routed through Liquidity Hub, third-party solvers compete to fill the order using onchain liquidity such as AMM pools or their own private inventory. Orders are also accessible using API, enabling professional traders such as market makers to submit bids and compete to fill swaps.
The Liquidity Hub achieves this by utilizing a network of solvers, both on-chain and off-chain, that compete to find the most cost-effective liquidity for traders. This includes integrations with platforms like ParaSwap, Odos, and more.
QuickSwap has previously integrated dTWAP and dLIMIT on Polygon, two flagship Orbs protocols for advanced trading orders. These allow DEX traders to place DCA orders and to split large trades into smaller orders to minimize price impact. The success of these products has supported QuickSwap’s decision to integrate Liquidity Hub for handling all Ethereum swaps.
The integration of Orbs Liquidity Hub will support QuickSwap in its goal to become a multi-chain DEX providing superior trading experiences on a broad range of L1 and L2 networks. This will allow QuickSwap to bolster its reputation as the most capital-efficient DEX while growing its user base and enhancing the liquidity available to users across the multi-chain landscape.
About Orbs
Orbs is a decentralized Layer-3 (L3) blockchain infrastructure designed specifically for advanced on-chain trading. Orbs optimizes trading with aggregated liquidity, advanced trading orders, and on-chain derivatives. Orbs enhances the capabilities of both EVM and non-EVM smart contracts without moving liquidity onto a new chain. This one-of-a-kind setup acts as a decentralized backend that brings CeFi-level execution to DeFi trading.
Learn more: https://www.orbs.com/
About QuickSwap
QuickSwap was designed to address the issues of high gas fees and slow transactions found in other decentralized exchanges, especially on Ethereum. Launched in October 2021, QuickSwap leverages the Polygon network’s Layer 2 scaling solutions to offer users faster and cheaper transactions.
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