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Orbs Integrates Liquidity Center with SpookySwap on Fantom Blockchain

Jun 3, 2024

Orbs has recently announced the integration of its Liquidity Center with SpookySwap, a well-known automated market maker (AMM) operating on the Fantom blockchain. This strategic move is aimed at enhancing the on-chain trading experience for Fantom users by offering increased liquidity and improved pricing mechanisms. By merging Orbs' Liquidity Center with SpookySwap, liquidity providers can now deliver enhanced on-chain trading experiences to individuals utilizing the Fantom network. The integration effectively utilizes Orbs' sophisticated layer-3 (L3) technology to enhance pricing accuracy, minimize transaction slippage, and enable gas-free transactions.

This integration represents a significant milestone for Orbs as it marks the fifth deployment of the Liquidity Hub on an EVM (Ethereum Virtual Machine) chain. Previous successful integrations include Quickswap on Polygon PoS, zkEVM Thena on BNB Chain, and IntentX on Base. Orbs Liquidity Hub is characterized by full decentralization and interoperability, offering liquidity both on-chain and off-chain while maintaining the principles of custody rights and the decentralized nature of DeFi.

The Liquidity Hub fosters healthy competition among third-party solvers utilizing their inventories or AMM pools, ensuring optimal transaction execution for users. SpookySwap users stand to benefit from these enhancements without incurring additional costs, as the Liquidity Center optimizes transaction execution by providing competitive quotes.

The launch of Orbs' Liquidity Center on Fantom, integrated with SpookySwap, highlights the expanding utility of Fantom across various ecosystems. It underlines the commitment towards enhancing the trading experience and liquidity provision within the Fantom blockchain environment.

*Disclaimer: This content is not intended as investment advice.

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