Orbs has introduced Perpetual Hub Ultra 2.0, a new Layer-3 protocol designed to help trading platforms launch decentralized perpetual futures exchanges without assembling multiple third-party infrastructure providers.
The protocol combines execution, settlement, pricing, liquidation, hedging and a complete exchange interface into a single architecture running on Orbs' Layer-3 network.
Instead of integrating separate services for liquidity, execution and risk management, operators can deploy a ready-made perpetual trading venue with a unified backend and shared liquidity.
According to Orbs, the approach reduces operational complexity while shortening the time needed to launch a new derivatives platform.
Shared liquidity across multiple markets
Perpetual Hub Ultra 2.0 is built to aggregate liquidity from both centralized and decentralized markets through an integrated hedging system.
The protocol connects to centralized exchanges, including Binance USD-M Futures, alongside an expanding network of decentralized perpetual trading platforms.
By sourcing liquidity from multiple venues simultaneously, Orbs aims to provide tighter spreads, deeper order books and access to a broader selection of trading pairs than individual markets can offer on their own.
"Launching a perps venue has traditionally required stitching together execution providers, liquidity sources and risk infrastructure," said Ran Hammer, Vice President of Business Development at Orbs. "Perpetual Hub Ultra introduces a unified protocol that manages the full lifecycle of a trade within a single architecture. Trading venues can now launch branded perpetual exchanges with deep liquidity and institutional-grade infrastructure without building the backend themselves."
The protocol relies on a Trusted Execution Environment (TEE) that serves as its primary execution engine.
Every trade, position update and liquidation is processed inside the TEE, while remote attestation enables participants to verify that the execution logic has not been modified.
External market exposure is managed by approved hedging providers that execute trades across centralized exchanges and decentralized perpetual markets.
A dedicated liquidation engine continuously monitors trader positions using a unified cross-margin risk model. Over time, the TEE execution layer will become more deeply integrated into Orbs' Layer-3 infrastructure as part of the broader Perpetual Hub Ultra 2.0 rollout.
Verifiable pricing and on-chain settlement
Market pricing is generated through a signed mark price feed operating inside the Trusted Execution Environment.
Each price update is cryptographically signed using the EIP-712 standard and verified during every transaction, creating a transparent record of pricing activity.
User balances, open positions, pending orders and protocol settings are maintained within a unified Merkle tree, with state roots periodically committed on-chain through a rollup contract.
This design combines off-chain execution speeds with the transparency and auditability of blockchain settlement.
Alongside the protocol, Orbs has released a customizable trading interface that allows partners to launch exchanges under their own branding.
The interface is built around TradingView charts and includes market and limit orders, stop-loss and take-profit tools, bracket orders, one-click trading, account abstraction and gasless transactions.
The goal is to deliver a user experience comparable to centralized exchanges while preserving self-custody and on-chain transparency.
QuickSwap adopts the protocol
Perpetual Hub Ultra 2.0 is designed to support a growing ecosystem of branded perpetual exchanges across multiple blockchain networks.
Because participating platforms share the same liquidity and infrastructure, each new deployment contributes to the overall network.
As part of the launch, QuickSwap recently approved a governance proposal to adopt Perpetual Hub Ultra as its default perpetual futures infrastructure across all supported chains, replacing Orderly as the trading engine on Polygon.
Orbs expects additional trading venues to integrate the protocol in the coming months.
The launch expands the company's portfolio of decentralized trading infrastructure, joining dLIMIT, dTWAP, Liquidity Hub and dSLTP to provide institutional-grade execution tools for both spot and derivatives trading in decentralized finance.

Dan Burgin
U.Today Editorial Team