PancakeSwap, the biggest decentralized exchange, has just added dLIMIT and dTWAP, Orbs-powered trading technologies, to Arbitrum, Linea, and Base.
PancakeSwap, the largest decentralized exchange (DEX), has just added two Orbs-powered trading technologies, dLIMIT and dTWAP, to Arbitrum, Linea, and Base. These technologies were previously only available on the BNB Chain, but now users on these networks can take advantage of advanced trading features to execute sophisticated order types within a decentralized framework.
dLIMIT and dTWAP aim to bring algorithmic trading strategies from centralized finance (CeFi) into decentralized finance (DeFi). Traders can use dLIMIT orders to set precise execution prices, ensuring that trades are triggered only under specific conditions. On the other hand, dTWAP orders split large transactions into smaller ones over a period of time, minimizing market impact and slippage. This feature provides traders with greater control over order execution, making on-chain trades more efficient.
This integration follows the successful adoption of Orbs-powered protocols by major DEXs such as QuickSwap, SpookySwap, and THENA. With this third deployment, dLIMIT and dTWAP can now be integrated into 14 decentralized exchanges across eight blockchain networks, collectively recording over $15 million in monthly trade volume.
PancakeSwap users on Arbitrum, Linea, or Base will also be able to utilize these technologies for optimized trading strategies. Orbs, a decentralized Layer-3 blockchain, enhances onchain trading with advanced execution capabilities.
Built on a Proof-of-Stake consensus model and maintained by permissionless validators, Orbs focuses on liquidity aggregation, decentralized derivatives, and advanced order execution. The network adds a layer for the execution of protocols, pushing the frontiers of DeFi and smart contract technology with offerings like dLIMIT, dTWAP, Liquidity Hub, and Perpetual Hub.
This marks another milestone in PancakeSwap's journey as an omnichain DEX, with a trading volume of $54 billion recorded in just one month. The DEX continues to be the largest adopter of Orbs' trading technology by volume, highlighting the synergy between the two platforms in enhancing the decentralized trading experience.
PancakeSwap strengthens its multichain ecosystem by equipping traders with advanced execution mechanisms and enhancing their overall trading experience. As a fully-fledged ecosystem, PancakeSwap operates on the BNB Chain, Ethereum, Aptos, Polygon zkEVM, Linea, zkSync Era, Base, Arbitrum One, and opBNB - making it one of the largest multichain DEXs globally, with a total locked liquidity of over $1.8 billion.
The ecosystem trades over $300 billion in annual volumes, setting new industry standards and trends while empowering DeFi users to unleash their trading potential across diverse blockchain platforms.
