- PancakeSwap expands dLIMIT and dTWAP to Arbitrum, Linea, and Base, enhancing decentralized order execution across multiple blockchain networks.
- Orbs’ Layer 3 infrastructure powers advanced trading features on PancakeSwap, supporting algorithmic strategies and liquidity aggregation across multiple DeFi platforms.
PancakeSwap, one of the largest decentralized exchanges (DEX), has officially added support for its Orbs-based dLIMIT and dTWAP protocols to the Arbitrum, Linea, and Base network. This action enables more traders throughout blockchain ecosystems to access advanced trading tools so far only accessible on BNB Chain.
Enhancing Decentralized Trading with Smart Execution
The integration of dLIMIT and dTWAP provides advanced tools for traders looking to optimize their strategies. Users of dLIMIT can set specify execution prices, therefore guaranteeing that transactions only take place under pre-defined circumstances. DTWAP, meanwhile, lets big transactions be divided over a designated period, hence lowering slippage and market impact.
This feature introduces into the DeFi space algorithmic trading tactics that were once prevalent in centralized finance (CeFi). Stated otherwise, traders in a decentralized system can execute more intricate order types.
Furthermore, following the effective use of Orbs-based protocols on various DEXs, including QuickSwap, SpookySwap, and THENA, is the extension to Arbitrum, Linea, and Base.
Orbs’ Layer 3 Enhances Trading Efficiency in DeFi
With a trade volume of around $15 million per month, 14 DEXs across 8 blockchain networks have embraced dLIMIT and dTWAP today. PancakeSwap joining Arbitrum, Linea, and Base will let more users use this tool to increase trade efficiency.
Behind this innovation, Orbs offers a Layer 3 infrastructure designed to improve on-chain transaction execution. The network operates with a system of permissionless validators powered by a Proof-of-Stake (PoS) consensus mechanism.
These optimizations focus on liquidity aggregation, advanced order function enhancements, and the development of decentralized derivatives products.
PancakeSwap Expands Multichain Trading Capabilities
PancakeSwap confirmed its position as one of the biggest omnichain DEXs by recording a trading volume of $54 billion last month. PancakeSwap not only grows its multichain ecosystem but also gives traders more freedom in running orders since dLIMIT and dTWAP are being expanded to other networks.
PancakeSwap’s innovations, however, do not stop here. The platform launched Springboard last December, a platform meant to streamline token creation and BNB Chain listing.
Projects aiming to release tokens through Springboard are not charged a launch fee, unlike the traditional method used in the DeFi space. Transactions along the bonding curve also pay just a cost of 1% with minimum of 0.001 BNB.
Interestingly, the cost of initial liquidity is just 2% of the overall liquidity before its finally moved to PancakeSwap DEX. In fact, PancakeSwap Springboard incentivizes token developers by paying half of this liquidity provision fee, creating a fairer ecosystem for both parties.
