PancakeSwap Expands Orbs-Powered dLIMIT & dTWAP to Arbitrum, Linea, and Base
- With this new development, PancakeSwap’s advanced trading features are expanded beyond the BNB Chain deployment that is already in place.
- The implementation of these functionalities enables users to execute complicated order types inside a decentralized framework.
The support that leading decentralized exchange PancakeSwap provides for Orbs -powered protocols dLIMIT and dTWAP has been extended to include Arbitrum, Linea, and Base. With this new development, PancakeSwap’s advanced trading features are expanded beyond the BNB Chain deployment that is already in place. As a result, it now provides better order execution capabilities across different networks.
These complex capabilities are made available to traders as a result of the combination of dLIMIT and dTWAP, which allows them to optimize their trading tactics. dLIMIT orders provide customers the ability to select execution prices, which guarantees that trades are only completed under specified circumstances. On the other hand, dTWAP orders divide big transactions into smaller trades over a period of time in order to reduce slippage and market effect.
The implementation of these functionalities enables users to execute complicated order types inside a decentralized framework, bringing algorithmic trading tactics that are often used in centralized finance to the realm of decentralized finance. Following the successful adoption of Orbs-powered protocols across other major DEXs, such as QuickSwap, SpookySwap, and THENA, the expansion to Arbitrum, Linea, and Base has taken place.
14 decentralized exchanges (DEXs) across eight chains have now integrated dLIMIT and dTWAP, which enables them to accommodate more than $15 million in monthly trading volume. Those that utilize PancakeSwap on Arbitrum, Linea, or Base may now take use of these twin trading technologies.
Orbs’ Layer 3 infrastructure offers improved execution capabilities for onchain trading, which is a significant benefit. The network is managed by a public system of permissionless validators that is backed by a Proof-of-Stake consensus mechanism. Additionally, the network has been designed for liquidity aggregation, enhanced order functionality, and decentralized derivatives.
Additionally, Orbs is a decentralized Layer-3 (L3) blockchain that was developed with the intention of facilitating enhanced onchain trading. Orbs is a supplementary execution layer that makes use of a Proof-of-Stake consensus. Its purpose is to facilitate complex logic and scripts that go beyond the native functionalities of smart contracts. In order to push the frontiers of DeFi and smart contract technology, innovative protocols such as dLIMIT, dTWAP, Liquidity Hub, and Perpetual Hub have been developed. These protocols have introduced CeFi-level execution to onchain trading.
PancakeSwap has strengthened its position as a leading omnichain decentralized exchange (DEX) by recording a trading volume of $54 billion over the course of the last month. Furthermore, the platform is the largest adopter of Orbs’ trading technology in terms of sheer volume. As a result of PancakeSwap’s decision to expand dLIMIT and dTWAP to Arbitrum, Linea, and Base, it is improving its multichain ecosystem while simultaneously providing traders with improved order execution mechanisms that are adaptable.
PancakeSwap is a major multichain decentralized exchange that runs on an automated market maker (AMM) model based on BNB Chain, Ethereum, Aptos, Polygon zkEVM, Linea, zkSync Era, Base, Arbitrum One, and opBNB. With over $1.8 billion in total liquidity locked, PancakeSwap is the industry’s biggest multichain decentralized exchange (DEX), accounting for more over $300 billion in yearly trade activity.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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