Layer-3 Blockchain Infrastructure Provider Orbs Pushes THENA to New Heights Following $600,000 Investment

Layer-3 blockchain infrastructure provider Orbs announced Friday that it played a significant role in transforming the fortunes of THENA, a decentralized exchange (DEX)

Layer-3 blockchain infrastructure provider Orbs announced Friday a key role in transforming the fortunes of THENA, a decentralized exchange (DEX) on the BNB Chain (BEP-20).

With a $600,000 investment in late 2023, advanced trading technologies, and strategic collaborations, Orbs said it helped THENA achieve milestones like its November 2024 listing on Binance, the world’s largest cryptocurrency exchange.

A Two-way Business Relationship

The partnership kicked off in March 2023 when Orbs recognized THENA’s potential as a ve(3,3)-powered liquidity protocol on the BNB Chain. In the agreement,

Orbs provided THENA with capital for its roadmap and other needs in the competitive crypto economy.

To ensure THENA’s growth, Orbs provided the platform with infrastructure and marketing initiatives to enhance its visibility and attract more users. The BNB Chain project was also among the first to use Orbs’ advanced dTWAP and dLIMIT trading solutions for precise automated trading and efficient liquidity management.

Furthermore, THENA utilized other Orbs-built infrastructure to scale its offerings. The DEX integrated Orbs Liquidity Hub and Perpetual Hub for efficient trading execution, the press release seen by Coinspeaker noted.

The solutions also helped THENA expand its products by introducing MEV protection, aggregated liquidity, and 5x to 100x leveraged trading for users.

“These achievements demonstrate what true partnership and focus can accomplish in DeFi. By integrating Orbs’ technology and backing their vision with strategic investment, we’ve helped set a new standard for on-chain trading. The THENA team’s dedication to the Binance ecosystem has been remarkable, and we’re proud to be part of their journey,” said Ran Hammer, VP of Business Development at Orbs.

Expanding Global Footprint

Orbs also attributed the recent listing of THENA’s native token “THE” on Binance. Earlier, THENA conducted an airdrop campaign on the world’s largest exchange before the digital asset officially began trading on the Binance spot market.

The token listing sparked massive user interest and trading activity on THENA, driving THE to an all-time high of $2.88 on Thursday. Prior to the listing, the digital asset traded below $1.

Orbs said it also played a role in THENA’s global expansion. In March 2024, THENA marked its entry into the South Korean market with a community meetup in Seoul. The project gained further international recognition by participating in major blockchain events like Edcon Tokyo and Token2049 Singapore.