SpookySwap Integrates Orbs’ Liquidity Hub Layer-3 Protocol to Enhance User Experience

SpookySwap, an automated market-making (AMM) decentralized exchange (DEX), has announced the integration of Orbs’ flagship Layer-3 protocol (L3), Liquidity Hub

Automated market-making (AMM) decentralized exchange (DEX) SpookySwap has announced the integration of Orbs’ flagship Layer-3 protocol (L3), Liquidity Hub, Finbold learned on June 3 from a statement shared with the news outlet.

The integration will enable SpookySwap users to tap into deeper liquidity sourced from a range of on-chain protocols on Fantom (FTM).

Set to go live on Monday, the upgrade promises to introduce substantial improvements in the overall user experience.

The integration marks the fifth deployment of Orbs’ Liquidity Hub on an Ethereum Virtual Machine (EVM) chain, underscoring its role in enhancing the SpookySwap user experience.

The hub supports more efficient pricing and offers protection against Maximal Extractable Value (MEV) while enabling gasless trades and boosting capital efficiency through a streamlined interface.

As a fully decentralized and interoperable protocol, Orbs Liquidity Hub allows DEXs to draw liquidity from both on- and off-chain sources without custodial risks or compromises to the permissionless nature of decentralized finance (DeFi).

Operating as an L3 optimization layer above the AMM, Liquidity Hub essentially taps into external liquidity to provide better price quotes, enabling trades to be executed with reduced slippage.

These features collectively allow traders to capture more value from every swap at no additional cost.

To achieve this, Liquidity Hub sources liquidity from a range of providers, including AMM pools and private solver inventory, to offer competitive prices for swaps.

It also enables decentralized orders through an application programming interface (API), allowing institutional and professional traders to compete for swaps by submitting bids.

In cases where the layer cannot execute the trade at a more favorable price than the AMM, the transaction defaults to the AMM contract.

Importantly, Liquidity Hub maintains SpookySwap’s familiar interface, ensuring a seamless and intuitive trading experience.

The integration follows similar deployments on other chains, including QuickSwap (QUICK) on Polygon PoS, zkEVM, Thena on Binance’s BNB Chain (BNB), and IntentX on Base, effectively consolidating liquidity across multiple chains.