Key takeaways
Orbs’ Liquidity Hub has now expanded to leading Fantom AMM SpookySwap.
Users can access deeper liquidity and better pricing.
Liquidity Hub provides gasless trades and protection against MEV.
Orbs, a prominent layer-3 blockchain infrastructure project, has expanded its Liquidity Hub to the Fantom network. SpookySwap is a leading automated market maker (AMM) on Fantom, and Orbs’ Liquidity Hub integration with the AMM will increase on-chain trading and incentivize liquidity providers.
Liquidity Hub goes live on @SpookySwap! ? Continuing to build with frens old and new, Spooky becomes the first project on @FantomFDN to integrate Liquidity Hub ???⬛ ? Learn more: https://t.co/vs9DtjqRzs pic.twitter.com/TF3ckQM8JR
— Orbs (@orbs_network) June 2, 2024
The integration allows SpookySwap users to benefit from Orbs’ advanced L3 technology and will optimize their trading experience by accessing deeper liquidity from various on-chain protocols. This expansion is the fifth deployment of Orbs Liquidity Hub on an Ethereum Virtual Machine (EVM) chain and will result in better pricing, reduced slippage, and a more efficient trading environment.
Improved trading with Orbs Liquidity Hub
The Liquidity Hub operates as an optimization layer above the AMM. It taps into external liquidity sources to provide better price quotes. The system ensures trades are executed with minimal slippage, allowing traders to retain value from each swap. The integration also offers protection against Maximal Extractable Value (MEV), gasless trades, and improved capital efficiency.
Orbs Liquidity Hub is fully decentralized and interoperable. It enables decentralized exchanges (DEXs) to draw liquidity from a combination of on- and off-chain sources. Obviously, SpookySwap users can access these new features without additional costs.
How Liquidity Hub works
Liquidity Hub uses third-party solvers to fill swaps with liquidity from AMM pools or private inventory. With this process, it delivers better price quotes and efficient trading. It also allows decentralized orders to be accessed via API, which should draw institutional and professional interest. If the layer cannot execute the trade at a better price than the AMM, the transaction executes through the AMM contract.
This integration follows successful deployments on other EVM chains, including Quickswap on Polygon PoS and zkEVM, Thena on BNB Chain, and IntentX on Base.
Conclusion
Orbs Liquidity Hub expansion to Fantom and Integration with SpookySwap offers users enhanced liquidity, better pricing, and a seamless trading experience. This integration with SpookySwap marks an important step towards a more robust and user-friendly trading experience and DeFi in general.