• Orbs has integrated its revolutionary dLIMIT and dTWAP protocols on Chronos, one of the largest decentralized exchange platforms.
• The integration means users can now access advanced order types, guaranteeing the price of their trades and breaking up larger orders into smaller transactions.
• dLIMIT and dTWAP are a staple of traditional finance, but without sacrificing on decentralization.
Orbs Integrates Advanced Order Types With Chronos DEX Platform
Integration of Revolutionary Protocols
Orbs , the layer three infrastructure network for decentralized applications, has announced the integration of its revolutionary dLIMIT and dTWAP protocol on Chronos , one of the largest decentralized exchange platforms on Arbitrum.
Advanced Order Types For Traders
The integration means Chronos DEX traders can now access advanced order types, guaranteeing the price of their trades and breaking up larger orders into smaller, bite-sized transactions. QuickSwap, SpookySwap and Thena are some of the prominent DEXs that have already integrated Orbs’ dLMIT and dTWAP protocols.
dLIMIT & dTWAP Overview
Orbs’ dLIMIT is a fully decentralized, permissionless and composable DeFi protocol developed and powered by the Orbs network. It enables DEXs to offer ‘limit’ orders where traders can buy or sell tokens at a specific price or better. As for dTWAP , this enables decentralized, time-weighted orders which break down large orders into smaller segments that are executed over a specified time period to reduce market impact.
Widely Used On Arbitrum
Chronos is one of the DeFi industry’s most widely used DEX platforms on Arbitrum, supporting a transaction volume of 10 million over the last week. Traders on Chronos DEX can now utilize both order types with full decentralization capabilities offered by Orbs’ proof-of-stake consensus mechanism.
$100 Million Staked TVL
Orbs boasts over $100 million in staked TVL (total value locked). Each new integration of its innovative protocols further solidifies its status as an industry leader in DeFi innovation while showcasing its layer three technology’s capability to push boundaries in smart contract capabilities