"Orbs' Liquidity Hub Boosts SwapX's DeFi Capabilities on Sonic Blockchain"

Orbs, a leading provider of Layer 3 (L3) blockchain technology, has announced the integration of its Liquidity Hub with SwapX, a concentrated liquidity AMM (CLAMM) on the Sonic EVM blockchain. This strategic partnership aims to enhance the overall DeFi experience for SwapX users by providing improved liquidity sources and advanced trading capabilities.

With the L3 technology of Orbs, Liquidity Hub aggregates on-chain and off-chain liquidity for optimal DEX trading. The integration will also provide SwapX users with improved execution prices, higher capital efficiency, and safeguarding against miner extractable value (MEV) issues. The partnership marks the first deployment of Liquidity Hub on the Sonic blockchain, which boasts a high-performance EVM of 10,000 TPS and sub-second finality.

Orbs’ Liquidity Hub is an additional layer of execution relying on a Proof-of-Stake consensus mechanism that increases the possibilities of smart contracts beyond their conventional limitations. Ran Hammer, Orbs’ Vice President of Business Development, expressed excitement about the partnership, stating, “I’m excited to see our partnership come to fruition after working with SwapX for more than a year. With Orbs L3 powering SwapX, Sonic is one of the most inventive and promising new chains in the industry, and we’re excited to see its exponential growth and the ground-breaking innovations it will bring to DeFi.”

SwapX, aiming to become the top DEX on Sonic, will provide its liquidity providers with the best-ever liquidity management capabilities and seamless swaps of assets among users. The newly integrated Orbs’ Liquidity Hub improves liquidity pools for SwapX traders, offering better competitive pricing for swaps. The product is decentralized and modular, leveraging decentralized APIs and on-chain solver auctions. Professional traders and market makers can, therefore, compete in auctions to bid for swap requests, optimizing price discovery and improving execution. SwapX will source liquidity from beyond native pools, offering superior swap efficiency to customers and improving capital utilization for liquidity providers.

The Orbs Liquidity Hub has already been deployed to ten blockchain ecosystems, including major players like Quickswap and THENA. The new release deploys Orbs’ adoption with cutting-edge trading solutions, integrating it into SwapX. This positions SwapX as a