Orbs' dLIMIT and dTWAP Protocols Integrated by SwapX on Sonic Blockchain

This advancement provides users with enhanced order execution functionality usually featured in centralized exchanges, while still benefiting from decentralized finance (DeFi).

Two flagship trading protocols of Orbs, dLIMIT and dTWAP, have been integrated by the decentralized exchange SwapX on Sonic blockchain. This advancement provides users with enhanced order execution functionality usually featured in centralized exchanges, while still benefiting from decentralized finance (DeFi).

Orbs Layer 3 infrastructure allows for powering advanced trading logic, next to smart contracts in blockchain networks. Additionally, by combining dLIMIT and dTWAP, SwapX further augments its trading platform with a support set of tools intended for more complex strategies for users to have greater control over the execution.

Currently, it is in use across a range of decentralized exchanges and blockchain ecosystems. SwapX has adopted the use of them aligning the platform with the trend of high efficiency algorithmic trading in decentralised environments. Although Orbs’ Liquidity had been integrated by SwapX to improve its access to onchain liquidity from third party providers, Orbs was brought back for the L2 as well to ensure utilizing these improved liquidity sources. These new capabilities complement already existing capabilities by providing trade execution targeting.

Orbs’ dLIMIT enables users to place limit orders to buy or sell tokens at specified prices, offering a way to engage in strategic trading. This provides a way for orders to be filled only if certain conditions regarding market conditions are reached.

Orbs’ dTWAP is used for the time-based execution of large orders, which are split into smaller pieces and executed gradually during time periods. This aims to reduce price slippage and minimize the impact on liquidity pools.

Orbs protocols are designed to enhance the performance and user experience of Web3 trading platforms. Through the integration of dLIMIT and dTWAP, SwapX is aiming to attract a broader range of traders, including professionals and institutions, who value advanced trading capabilities and efficient capital utilization.

Orbs protocols are designed to enhance the performance and user experience of Web3 trading platforms. Through the integration of dLIMIT and dTWAP, SwapX is aiming to attract a broader range of traders, including professionals and institutions, who value advanced trading capabilities and efficient capital utilization.

Orbs protocols are designed to enhance the performance and user experience of Web3 trading platforms. Through the integration of dLIMIT and dTWAP, SwapX is aiming to attract a broader range of traders, including professionals and institutions, who value advanced trading capabilities and efficient capital utilization.