IntentX, a decentralized perpetual alternate, introduced its partnership with Layer 3 community Orbs to combine the latter’s Liquidity Hub. Orbs Liquidity Hub will function IntentX’s predominant spot engine, permitting customers entry to identify orders and the perpetual contracts market.
Orbs Liquidity Hub is a DeFi infrastructure platform that operates above automated market makers (AMMs). It sources liquidity from on-chain and off-chain to assist with the issue of fragmented liquidity throughout DEXs. The platform aggregates the entire deployed chain’s liquidity and permits DEXs to faucet into exterior liquidity sources to offer higher costs than AMMs.
IntentX turns into the newest companion of Orbs Liquidity Hub, becoming a member of Quickswap on Polygon, Quickswap on Polygon zkEVM, and THENA on the BNB chain. It is also the primary platform on the Coinbase Layer 2 chain, Base, to hitch the Liquidity Hub, permitting customers to get the very best costs with out going by means of AMMs and experiencing AMMs’ worth impression. Crucially, this marks the primary integration of its type, turning into the primary platform on Orbs Liquidity Hub with out a DEX AMM.
Merely, Orbs Liquidity Hub works by tapping into on-chin and exterior liquidity sources. As an alternative of the standard swaps on DEXs – by means of AMMs, Liquidity Hub sources liquidity from two main sources: On-chain solver auctions and Decentralized orders through its API.
The on-chain solver auctions permit third-party solvers to compete in an public sale to fill swaps utilizing on-chain liquidity AMM swimming pools or their very own non-public stock. Moreover, the Hub built-in decentralized orders from exterior sources, that are accessible utilizing APIs, enabling institutional/skilled merchants, akin to market makers, to submit bids and compete to fill swaps.
How the Orbs Liquidity Hub will present liquidity on IntentX
Constructed by the Orbs mission, the Liquidity Hub goals to revolutionize the world of DeFi, working on full decentralization, open entry with out permissions, and composability. With the combination of IntentX, customers on the platform will now be capable of faucet into the complete liquidity potential supplied by the community, with out incurring any extra prices.
About IntentX
IntentX is an OTC derivatives alternate providing perpetual futures buying and selling. The platform relies on the Coinbase Layer 2 chain, Base, bringing ahead a mixture of technological improvements that usher within the subsequent era of on-chain finance.
The platform leverages a number of next-gen improvements to supply omnichain deployment, decrease charges, better liquidity, enhanced capital effectivity, and improved scalability versus present options. IntentX launched its open-beta buying and selling platform in November 2023, providing over 250 tradable pairs at launch, every with deep liquidity.
About Orbs Liquidity Hub
Liquidity Hub (https://www.orbs.com/liquidity-hub/) is a decentralized optimization layer that operates above Automated Market Makers (AMMs). This layer mitigates the issue of fragmented liquidity in DeFi, enabling DEXs to faucet into exterior liquidity sources with the intention to present higher costs on swaps.
The platform has since been built-in on 4 chains namelyQuickSwapon Polygon, QuickSwap on Polygon zkEVM, Thena on Binance Chain and IntentX on Base.
About Orbs
Orbs is a decentralized protocol executed by a public community of permissionless validators utilizing PoS, staked with tens of thousands and thousands of {dollars} in TVL. Orbs pioneered the idea of Layer 3 infrastructure, by using the Orbs decentralized community to boost the capabilities of current EVM sensible contracts, opening up a complete new spectrum of prospects for Internet 3.0, DeFi, NFTs, and GameFi.
The platform gives a separate execution layer between L1/L2 options and the applying layer as a part of a tiered blockchain stack, enhancing the capabilities of sensible contracts and powering protocols akin to dLIMIT, dTWAP, and Liquidity Hub.
IntentX, a decentralized perpetual alternate, introduced its partnership with Layer 3 community Orbs to combine the latter’s Liquidity Hub. Orbs Liquidity Hub will function IntentX’s predominant spot engine, permitting customers entry to identify orders and the perpetual contracts market.
Orbs Liquidity Hub is a DeFi infrastructure platform that operates above automated market makers (AMMs). It sources liquidity from on-chain and off-chain to assist with the issue of fragmented liquidity throughout DEXs. The platform aggregates the entire deployed chain’s liquidity and permits DEXs to faucet into exterior liquidity sources to offer higher costs than AMMs.
IntentX turns into the newest companion of Orbs Liquidity Hub, becoming a member of Quickswap on Polygon, Quickswap on Polygon zkEVM, and THENA on the BNB chain. It is also the primary platform on the Coinbase Layer 2 chain, Base, to hitch the Liquidity Hub, permitting customers to get the very best costs with out going by means of AMMs and experiencing AMMs’ worth impression. Crucially, this marks the primary integration of its type, turning into the primary platform on Orbs Liquidity Hub with out a DEX AMM.
Merely, Orbs Liquidity Hub works by tapping into on-chin and exterior liquidity sources. As an alternative of the standard swaps on DEXs – by means of AMMs, Liquidity Hub sources liquidity from two main sources: On-chain solver auctions and Decentralized orders through its API.
The on-chain solver auctions permit third-party solvers to compete in an public sale to fill swaps utilizing on-chain liquidity AMM swimming pools or their very own non-public stock. Moreover, the Hub built-in decentralized orders from exterior sources, that are accessible utilizing APIs, enabling institutional/skilled merchants, akin to market makers, to submit bids and compete to fill swaps.
How the Orbs Liquidity Hub will present liquidity on IntentX
Constructed by the Orbs mission, the Liquidity Hub goals to revolutionize the world of DeFi, working on full decentralization, open entry with out permissions, and composability. With the combination of IntentX, customers on the platform will now be capable of faucet into the complete liquidity potential supplied by the community, with out incurring any extra prices.
About IntentX
IntentX is an OTC derivatives alternate providing perpetual futures buying and selling. The platform relies on the Coinbase Layer 2 chain, Base, bringing ahead a mixture of technological improvements that usher within the subsequent era of on-chain finance.
The platform leverages a number of next-gen improvements to supply omnichain deployment, decrease charges, better liquidity, enhanced capital effectivity, and improved scalability versus present options. IntentX launched its open-beta buying and selling platform in November 2023, providing over 250 tradable pairs at launch, every with deep liquidity.
About Orbs Liquidity Hub
Liquidity Hub (https://www.orbs.com/liquidity-hub/) is a decentralized optimization layer that operates above Automated Market Makers (AMMs). This layer mitigates the issue of fragmented liquidity in DeFi, enabling DEXs to faucet into exterior liquidity sources with the intention to present higher costs on swaps.
The platform has since been built-in on 4 chains namelyQuickSwapon Polygon, QuickSwap on Polygon zkEVM, Thena on Binance Chain and IntentX on Base.
About Orbs
Orbs is a decentralized protocol executed by a public community of permissionless validators utilizing PoS, staked with tens of thousands and thousands of {dollars} in TVL. Orbs pioneered the idea of Layer 3 infrastructure, by using the Orbs decentralized community to boost the capabilities of current EVM sensible contracts, opening up a complete new spectrum of prospects for Internet 3.0, DeFi, NFTs, and GameFi.
The platform gives a separate execution layer between L1/L2 options and the applying layer as a part of a tiered blockchain stack, enhancing the capabilities of sensible contracts and powering protocols akin to dLIMIT, dTWAP, and Liquidity Hub.
