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Tel Aviv, Israel, September 4th, 2024, Chainwire – Lynex, the leading Linea DEX, has announced the integration of Orbs’ Liquidity Hub protocol. Its introduction will allow Lynex users to access a broader range of liquidity sources for more efficient order execution.
The integration of Liquidity Hub enables Lynex’s users to enjoy enhanced features 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.
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.
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 non-custodial 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.
About Orbs
Orbs is a decentralized Layer-3 (L3) blockchain infrastructure designed specifically for advanced on-chain trading. Orbs optimizes trading with aggregated liquidity, advanced trading orders, and on-chain derivatives. Orbs enhances the capabilities of both EVM and non-EVM smart contracts without moving liquidity onto a new chain. This one-of-a-kind setup acts as a decentralized backend that brings CeFi-level execution to DeFi trading.
Learn more: https://www.orbs.com/
About Lynex
Lynex is a leading decentralized exchange (DEX) and liquidity marketplace on the Linea blockchain, boasting over $2B in all time trading volume. It facilitates seamless token swapping, rewards liquidity providers with $LYNX, and empowers users to influence emission flow to optimized trading environment. With its community-focused approach, Lynex offers a dynamic platform where users and DAOs can actively shape their DeFi experience, making it a key player in the Linea ecosystem.
Learn more: https://lynex.gitbook.io/lynex-docs
Contact
Ran Hammer
[email protected]