Orbs, the Layer-3 (L3) on-chain trading protocol, has announced the integration of its Liquidity Hub with SwapX, a Concentrated Liquidity Automated Market Maker (CLAMM) on the Sonic Ethereum (ETH) Virtual Machine (EVM) blockchain, as detailed out to Finbold on Tuesday, January 28.
The integration, Orbs’ tenth Liquidity Hub deployment across diverse blockchain networks, is set to give SwapX users access to additional deep liquidity pools and new trading tools.
Optimized DEX trading
Orbs’ Liquidity Hub is powered by L3 technology designed to optimize decentralized exchange (DEX) trading.
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By aggregating liquidity from on- and off-chain sources alike, the hub ensures better execution prices, improved capital efficiency, and enhanced cybersecurity, offering protection against threats such as miner extractable value (MEV).
The collaboration is also significant for Orbs as it introduces its Liquidity Hub to Sonic for the first time.
Able to handle 10,000 transactions per second (TPS) and boasting sub-second finality, Sonic has managed to position itself as a leader in decentralized finance (DeFi), a status further corroborated by the new integration.
Orbs’ Liquidity Hub, on the other hand, operates by layering enhanced functionality over existing automated market maker (AMM) structures, leveraging on-chain solver auctions and decentralized application programming interfaces (APIs) to aggregate liquidity efficiently.
By enabling third-party solvers to compete for swap requests, it likewise ensures optimal price discovery through a blend of AMM liquidity and private inventory.
Additionally, it allows market makers and professional traders to contribute bids via decentralized APIs, providing better execution for traders while maximizing returns for liquidity providers.
Promoting SwapX as the leading Sonic DEX
Ran Hammer, Vice President of Business Development at Orbs, called Sonic one of the most promising new chains and expressed excitement for the possibilities open by the new integration:
“We’ve been collaborating with SwapX for over a year, and I’m absolutely thrilled to see our partnership come to life. Sonic is one of the most innovative and promising new chains in the space, and with Orbs L3 powering SwapX, we’re excited to witness its exponential growth and the groundbreaking advancements it will bring to DeFi.”
As the leading DEX on Sonic, SwapX already allows for advanced liquidity management.
However, by integrating Orbs’ Liquidity Hub, it becomes capable of tapping into aggregated liquidity sources beyond its native pools.
With Sonic’s expanding ecosystem and Orbs’ technology now powering SwapX, the new integration promises some noteworthy developments in enhanced liquidity and DeFi as a whole.
