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Orbs Liquidity Hub Goes Live on Sonic After SpookySwap Integration
After SpookySwap’s expansion, the Sonic network now includes Orbs Liquidity Hub, a decentralized optimization later for onchain trading. Leading Fantom DEX SpookySwap already has Liquidity Hub integrated, and SpookySwap users on Sonic will now have access to it.
SpookySwap is a decentralized exchange for automated market-making (AMM) for networks that are compatible with EVM. Distinct from other DEXs, SpookySwap is dedicated on establishing a solid base, which includes a built-in bridge, limit orders, a variety of farms, and user-centered services, all powered by its BOO token.
Liquidity Hub, which is powered by Orbs’ L3 technology, offers better pricing, enabling DEX traders to benefit from increased capital efficiency. A number of cutting-edge features are also included, like support for gasless transactions and MEV protection. Users can now access all of these features on Sonic, whose high-performance EVM blockchain is perfect for trading applications because it can process 10,000 TPS and has sub-second finality.
With its Sonic deployment of Liquidity Hub, SpookySwap becomes the thirteenth protocol to integrate the technology. Currently, THENA, Lynex, IntentX, and Fenix are among the other DEXs that are utilizing it to improve onchain trading. Liquidity Hub’s position as the leading omnichain liquidity aggregation solution is strengthened by its introduction to Sonic.
Liquidity Hub, which was created to address the issue of fragmented DeFi liquidity, enables DEXs to access outside sources in order to greatly increase the amount of liquidity that is available. Swaps are filled by third-party solvers in competition, using liquidity obtained from other AMM pools or private inventory. Because Liquidity Hub automatically falls back to the AMM contract if it is unable to provide a better quote, Orbs’ technology ensures optimal pricing.
One of the first DEXs to integrate Liquidity Hub on Fantom was SpookySwap, and by bringing the technology to Sonic, it will preserve the same uniform pricing and user experience. Instead of depending solely on Sonic-native sources, Sonic users will be able to access the same improved services, such as off-chain sources to increase the available liquidity.
Liquidity Hub is able to support advanced order types and aggregated liquidity while maintaining a highly secure and scalable framework thanks to Orbs’ decentralized L3, which has tens of millions of dollars in TVL. Liquidity Hub, along with Orbs’ other flagship products, dLIMIT and dTWAP, has developed into a potent DeFi primitive that lets all users, on any network, have a reliable trading experience.
The decentralized Layer-3 (L3) blockchain Orbs was created especially for sophisticated on-chain trading. Orbs functions as an additional execution layer, enabling sophisticated scripts and logic beyond the built-in capabilities of smart contracts, by using a Proof-of-Stake consensus. Orbs-powered protocols that add CeFi-level execution to on-chain trading, such as dLIMIT, dTWAP, Liquidity Hub, and Perpetual Hub, push the limits of DeFi.