Algebra Welcomes Orbs to the CLAMM Ecosystem: A Game-Changing Duo for DEXes
We at Algebra are thrilled to announce our collaboration with Orbs, marking a significant step forward in the realm of decentralized exchanges. By combining Algebra’s innovative AMM solutions with Orbs’ pioneering blockchain technology, we aim to revolutionize the DEX trading experience and enhance liquidity across various platforms.
About Orbs
Orbs is a public blockchain project powered by Proof of Stake (PoS), with a rich history of on-chain innovation dating back to 2017. Orbs is set up as a separate decentralized execution layer operating between existing L1/L2 solutions and the application layer, as part of a tiered blockchain stack, without moving liquidity onto a new chain. Orbs acts as a “decentralized backend”, enhancing the capabilities of existing smart contracts and opening up a whole new spectrum of possibilities for Web 3.0, DeFi, NFTs and GameFi.
Committed to advancing the DEX AMM trading landscape, Orbs brings forth advanced order types and liquidity enhancements on-chain. Notably, Orbs introduces dTWAP and dLIMIT orders integrated with nine different AMMs spanning six chains, boasting over 100 million dollars in open orders. Furthermore, through its Liquidity Hub, Orbs aggregates liquidity on-chain, ensuring competitiveness and optimal pricing for traders. Currently live on platforms like QuickSwap and THENA, both powered by Algebra, Liquidity Hub is set to expand its reach to many more DEXes in the near future.
Algebra & Orbs Synergy
The collaboration between Algebra and Orbs is set to redefine the DEX ecosystem for both projects and ordinary traders. Leveraging Algebra’s DEX Engine, powered by cutting-edge V3 & V4 AMM codebases, numerous DEXes are already experiencing enhanced trading capabilities. But with Orbs, the efficiency is set to double!
Notable platforms in this regard include QuickSwap, THENA, SpiritSwap, Lynex running on Algebra V3, and Fenix with SwapX set to be deployed with the help of Algebra Integral AMM — the catalyst of UniV4.
With the addition of Orbs’ innovative solutions, these DEXes will further bolster liquidity, provide advanced trading options, and offer a seamless user experience. By providing over 15 DEXes with cutting-edge V3 and V4 AMM codebases, Algebra sets the stage for projects like Orbs to thrive and innovate within the DEX landscape.
In summary, the collaboration between Algebra and Orbs represents a significant milestone in the evolution of decentralized exchanges. By combining our expertise and technologies, we are poised to deliver unparalleled trading experiences and drive liquidity across various DEX platforms. As we continue to expand our ecosystem and forge strategic alliances, we invite the community to join us on this exciting journey towards a decentralized future.
About Algebra
Algebra is a Protocol enabling projects to integrate Concentrated Liquidity tech, alongside other groundbreaking features — Dynamic Fees, Built-in Farming, and more. Already seamlessly integrated into various DEXes across different chains, including Camelot, THENA, QuickSwap, StellaSwap, Zyberswap, Lynex, Kim, Swapsicle, Synthswap, Hercules, Swapr, and more, Algebra propels them to higher trading volume & enhanced capital efficiency. Learn more on our website: algebra.finance.
$ALGB is the platform token of the Algebra Protocol, used for governance. Weekly buybacks & burns are aimed to reduce the circulating supply & increase the ALGB value. ALGB on CoinMarketCap.
