Revolutionizing Decentralized Finance with IntentX
IntentX, a decentralized perpetual exchange (DEX), has recently partnered with Layer 3 network Orbs, marking a significant achievement in the realm of decentralized finance (DeFi). This collaboration aims to enhance user access to spot orders and the perpetual contracts marketplace by integrating Orbs’ Liquidity Hub into IntentX’s ecosystem.
Transcending Traditional Automated Market Makers
Orbs Liquidity Hub is a pivotal component of DeFi infrastructure, surpassing traditional automated market makers by leveraging liquidity from both on-chain and off-chain sources. This approach addresses the issue of fragmented liquidity on DEXs, offering superior pricing compared to AMMs by aggregating liquidity from various chains.
- The partnership with Orbs Liquidity Hub positions IntentX alongside industry leaders like Quickswap on Polygon and THENA on the BNB chain.
- IntentX is also the first platform on the Coinbase Layer 2 chain, Base, to integrate with the Liquidity Hub, signaling a shift away from DEX AMMs.
Integrating Decentralized Orders from External Sources
Orbs Liquidity Hub differs from conventional DEX swaps powered by AMMs by utilizing on-chain solver auctions and decentralized orders via API to access liquidity. The on-chain solver auctions enable third-party solvers to compete for swap fulfillment using on-chain liquidity AMM pools or proprietary inventory.
- Decentralized orders from external sources cater to institutional and professional traders looking for optimal swap execution, enhancing liquidity options on the platform.
Decentralization and Composability
Developed by the Orbs project, Liquidity Hub aims to provide unrestricted access and composability. With IntentX now integrated into the system, users can access the network’s vast liquidity pool without incurring additional costs, highlighting the commitment to innovation and accessibility within the industry.
- As the collaboration between IntentX and Orbs evolves, users can expect improved liquidity provision and a seamless trading experience on the platform.
Hot Take: Embracing Innovation with IntentX and Orbs
By joining forces with Orbs and integrating the Liquidity Hub, IntentX is revolutionizing DeFi by enhancing liquidity options and providing a seamless trading experience for users. The partnership signifies a shift away from traditional DEX AMMs towards a more efficient and accessible liquidity provision model. As the collaboration continues to evolve, users can anticipate increased innovation and improved trading opportunities on IntentX.
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