SpookySwap Enhances Trading With Orbs' Advanced Protocols

SpookySwap, a decentralized exchange operating on the Sonic blockchain, has enhanced its trading capabilities through a strategic partnership with Orbs, a blockchain infrastructure provider. This collaboration, announced on April 15, aims to integrate Orbs’ advanced trading protocols into SpookySwap’s platform, enabling traders on Sonic’s Layer 1 (L1) to access sophisticated order types in a user-friendly manner.

The integration will introduce limit and Time-Weighted Average Price (TWAP) orders to SpookySwap. Limit orders allow traders to buy or sell assets at predetermined price points, providing greater control over their trades. TWAP orders, on the other hand, help mitigate slippage and liquidity pool volatility, ensuring more favorable entry points for traders. This expansion builds on the existing partnership between SpookySwap and Orbs, which began in June 2024, and aligns with the exchange’s commitment to offering industry-standard tools to its users.

The collaboration between SpookySwap and Orbs is part of a broader effort to enhance the functionality of decentralized exchanges. Orbs has previously integrated its protocols with other platforms, including Tea-Fi in mid-February and SwapX in late January. These integrations demonstrate Orbs’ commitment to providing advanced trading solutions across multiple blockchain ecosystems.

SpookySwap offers a range of services, including swaps, staking, earning, and a token launchpad. With the addition of Orbs’ protocols, SpookySwap joins a growing list of decentralized exchanges that have integrated Orbs’ technology, totaling 15 exchanges across 9 different chains. This integration is expected to further solidify SpookySwap’s position as a leading decentralized exchange, providing traders with the tools they need to navigate the complex world of cryptocurrency trading.