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Orbs Liquidity Hub Comes to Linea Blockchain: Details

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Tue, 3/09/2024 - 15:49
Orbs Liquidity Hub Comes to Linea Blockchain: Details
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Lynex, the largest Linea DEX by TVL and trading volume, has announced the integration of Orbs’ Liquidity Hub instrument. Its introduction will allow Lynex users to access a broader range of liquidity sources for more efficient order execution.

Orbs coming to Linea, teams up with Lynex DEX

Orbs, a new-gen liquidity platform, announces the integration of its high-performance Liquidity Hub with Lynex, a dominant DeFi of Consensys-backed EVM-compatible blockchain Linea.

The integration of Liquidity Hub allows Lynex’s users to enjoy advanced tools such as improved execution prices, MEV protection and gasless transactions. Designed to deliver greater capital efficiency, Liquidity Hub draws from on- and off-chain sources to ensure superior pricing and reduced slippage.

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As a fully decentralized protocol, Liquidity Hub leverages CEX and DEX liquidity sources and makes them available to Lynex users within the existing DEX interface. As a result, traders can take advantage of better pricing with no additional friction or added costs.

Liquidity Hub will complement Orbs’ dLIMIT and dTWAP protocols, which have already been integrated into Lynex to support advanced order types. The availability of Orbs’ three flagship protocols on Lynex means Linea users can experience CEX-quality trading within a decentralized environment.

Orbs Liquidity Hub expands its role in EVM ecosystem

Liquidity Hub operates as an optimization layer above the AMM and taps external liquidity for better price quotes. Instead of routing the swap through the DEX's limited liquidity pools, Liquidity Hub enhances this process by utilizing additional liquidity sources. These include third-party solvers, who compete to fill swaps using on-chain liquidity or their private inventory, and decentralized orders via API, enabling professional traders such as market makers to fill swaps.

Lynex’s integration of Orbs technology allows users to enjoy the best of both worlds, combining the benefits of noncustodial trading with the ability to access liquidity far deeper than that ordinarily available when trading through a DEX. Because the liquidity sourcing process is fully automated, the user experience remains unchanged from a conventional Lynex swap.

Lynex is now the sixth protocol to integrate Liquidity Hub, following the likes of Quickswap on Polygon PoS and zkEVM, Thena on BNB Chain, IntentX on Base and Spooky on Fantom. Liquidity Hub protocol, powered by Orbs L3 technology, has become the industry standard for achieving the best pricing while trading on a DEX, benefiting projects and end users alike.

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