Enhancing Liquidity in Decentralized Finance with Orbs
Orbs, a Layer 3 blockchain, has unveiled its liquidity hub on Fenix Finance, designed to improve liquidity on the Blast decentralized exchange (DEX) and enhance capital efficiency for Layer 2 users.
Addressing Challenges in DeFi Liquidity
To tackle the issues of fragmented decentralized finance (DeFi) liquidity, Orbs offers reduced transaction fees, protection against Maximal Extractable Value (MEV), and gas-free transactions. The liquidity hub acts as an additional layer on top of the DEX, aggregating liquidity from various sources to ensure optimal pricing, minimizing slippage, and maximizing trade value.
- Reduced transaction fees
- Protection against MEV
- Gas-free transactions
- Aggregated liquidity for optimal pricing
Trading without Custodial Risks
By merging liquidity from both on-chain and off-chain sources, the liquidity hub enhances the trading experience without introducing custodial risks. Trades are automatically executed at the best rate using the Automated Market Maker (AMM) contract, eliminating the need for manual selection of liquidity routes.
- Merged liquidity sources
- Elimination of custodial risks
- Automatic execution at optimal rates
Supporting Growth of Fenix Finance
The integration of Orbs’ liquidity hub on Fenix is a significant milestone, marking Orbs’ fifth integration with DEXs on Ethereum Virtual Machine (EVM) networks. Following Fenix Finance’s recent $300,000 seed investment round led by Orbs, the new liquidity solution will contribute to Fenix’s objective of providing a capital-efficient trading experience on Blast.
- Increased trading volume and user base
- Enhanced liquidity provision
- Establishing leadership in Blast token trading
Hot Take: Tapping into Enhanced Liquidity with Orbs
By leveraging Orbs’ liquidity hub on Fenix Finance, traders can access improved liquidity, reduced fees, and enhanced trading experiences on the Blast decentralized exchange. This integration signals a step towards establishing Fenix as a leading platform for efficient capital provision and trading activities.