Layer3OrbsannouncedthatQuickSwap,thetopmulti-chainDEX,hasintegrateditsLiquidityHub.InordertoimprovepricingonQuickSwap,theintegrationwilluseOrbstechnologytoaggregateEthereumliquidity.
QuickSwapwillobtainalloftheliquidityforitsDEXfromOrbsLiquidityHubinordertoenableitsexpansiontoEthereum.ThiswillallowQuickSwaptoprovidecompetitivepricingbyusingOrbs-sourcedon-chainandoff-chainliquidity.
Afteragovernancevotethatlargelysupportedtheproposal,QuickSwap’splantouseOrbstechnologyandextendtoEthereumwasauthorized.AfterbeingincludedbyseveralDEXsrunningondifferentchains,OrbsLiquidityHubhasemergedastheindustrystandardforliquidityaggregation.
Third-partysolverscompetetocompleteaDEXorderthatisroutedviaLiquidityHubbyusingonchainliquidity,suchasAMMpoolsortheirownprivateinventory.ProfessionaltraderslikemarketmakersmayplacebidsandcompetetofillswapssinceordersarealsoavailableviaAPI.
ThisisaccomplishedviatheLiquidityHubthroughtheuseofanoff-chainandon-chainnetworkofsolversthatcompetetoidentifythemosteffectiveliquidityfortraders.Thiscoversintegrationswithvariousplatforms,suchasOdosandParaSwap.
TwoflagshipOrbsprotocolsforadvancedtradingorders,dTWAPanddLIMITonPolygon,havealreadybeenintegratedbyQuickSwap.Tolessentheimpactonprices,theyenableDEXtraderstoissueDCAordersanddividebigtransactionsintosmallerorders.ThechoiceofQuickSwaptoincludeLiquidityHubformanagingallEthereumswapswasbolsteredbythesuccessoftheseproducts.
OrbsLiquidityHub’sintegrationwillhelpQuickSwapachieveitsobjectiveofbeingamulti-chainDEXthatofferstop-notchtradingexperiencesacrossavarietyofL1andL2networks.Inadditiontoexpandingitsuserbaseandimprovingtheliquidityaccessibletousersacrossthemulti-chainecosystem,thiswillenableQuickSwaptofurthersolidifyitspositionasthemostcapital-efficientDEX.
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