Tel Aviv, Israel – March 21st, 2024
Orbs Announces Integration of Liquidity Hub with Quickswap on polygon zkEVM
Layer 3 blockchain Orbs is thrilled to announce that its Liquidity Hub has been expanded to polygon zkEVM through an integration with Quickswap. This development will allow traders on Quickswap to access increased liquidity sourced from the polygon zkEVM network.
Deepening Liquidity and Minimal Slippage for Traders
The integration of Orbs Liquidity Hub with Quickswap will bring several benefits to onchain traders:
1. Deeper liquidity for minimal slippage during swaps.
2. Reduced transaction fees for users of polygon zkEVM.
3. Protection against Maximal Extractable Value (MEV) risks.
4. Transaction executions without gas fees.
5. A streamlined and user-friendly interface for Quickswap users.
CEX-Level Liquidity for DEXs
By providing a combination of on- and off-chain liquidity sources, the Orbs Liquidity Hub brings CEX-level liquidity to DEXs. The result is an optimal user experience for traders looking for more liquidity and better pricing in the decentralized finance (DeFi) ecosystem.
Layer 3 Infrastructure and Decentralization
Orbs Liquidity Hub operates as a layer 3 infrastructure that sits atop the AMM it is integrated with. This allows users to access liquidity beyond what’s available on a single DEX. The Hub adds additional liquidity sources, including third-party solvers who compete to fill swaps using onchain liquidity such as AMM pools or their own private inventory.
Optimal Pricing and Seamless Integration
Orbs Liquidity Hub is designed to secure the best possible pricing for traders. If the Hub cannot execute a trade at a better price than the AMM, the transaction will be returned to the AMM contract and executed as usual. This process is abstracted from the user interface, ensuring that end-users receive the best possible price within their preferred AMM UI.
Expanding Infrastructure for EVM Networks
The integration of Orbs Liquidity Hub with Quickswap on polygon zkEVM follows similar integrations by Quickswap on polygon and THENA on BNB Chain. By providing vital infrastructure for EVM networks, the Liquidity Hub enables liquidity to be directed where it is needed instantly, leading to improved pricing and enhanced user experiences.
About Orbs
Orbs is an open, decentralized, and public blockchain infrastructure executed by a secure network of permissionless validators. Orbs’ decentralized execution layer bridges the gap between existing L1/L2 solutions and the application layer, creating a tiered blockchain stack that avoids the need to move liquidity onto a new chain. In addition to developing best-in-class blockchain solutions, Orbs supports projects whose goals and values align with its vision for web3.
For more information about Orbs, please visit: >
