Lynex integrates Orbs’ Liquidity Hub protocol

Lynex integrates Orbs’ Liquidity Hub protocol Lynex integrates Orbs’ Liquidity Hub protocol Marko Marjanovic Cryptocurrency Sep 4, 2024

Lynex, a prominent decentralized exchange (DEX) on Linea, has integrated Orbs’ (ORBS) Liquidity Hub protocol, as reported to Finbold on Wednesday, September 4. 

The integration will give Lynex users access to a wider range of liquidity sources, promising more efficient order execution and an overall smoother trading experience.

With these recent developments, Lynex joins a growing list of protocols that have adopted Liquidity Hub, including Quickswap (QUICK) on Polygon (MATIC) PoS and zkEVM, Thena on BNB Chain, IntentX on Base, and Spooky (BOO) on Fantom (FTM). 

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More benefits for Lynex users

Powered by Orbs L3 technology, Liquidity Hub is becoming the go-to solution for achieving the best possible pricing on DEX platforms, benefitting both projects and traders alike.

By leveraging Orbs’ Liquidity Hub, Lynex users can benefit from better execution prices, miner extractable value (MEV) protection, and gasless transactions. 

The protocol is engineered to maximize capital efficiency by drawing liquidity from both on-chain and off-chain sources, ensuring minimal slippage.

As a decentralized protocol, Liquidity Hub integrates both centralized (CEX) and decentralized (DEX) liquidity sources, which means users can tap into better pricing without having to leave the familiar Lynex interface.

The new integration complements Orbs’ existing protocols on Lynex, such as dLIMIT and dTWAP, which support advanced order types. 

Together, these protocols deliver a trading experience on Lynex that rivals centralized exchanges.

More liquidity on Lynex

Functioning as an optimization layer above automated market makers (AMMs), Liquidity Hub enhances the typical DEX trading process. 

Namely, instead of relying solely on the DEX’s liquidity pools, it taps into external liquidity sources. 

That includes third-party solvers competing to fill trades using on-chain liquidity or their private inventory, as well as decentralized orders via API, allowing professional traders to participate.

Consequently, Lynex users gain the best of both worlds: the security and non-custodial nature of DEX trading and access to liquidity usually reserved for centralized platforms. 

Source

Updated: 09/04/2024 — 5:00 AM

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