Summary
Orbs’ dLIMIT and dTWAP protocols have been integrated into the Lynex decentralized exchange (DEX), allowing traders to split large orders or guarantee order prices. This integration further establishes Orbs’ leadership position in DeFi innovation.
Introduction
Lynex, one of the largest DEXs on Linea, has integrated Orbs’ dLIMIT and dTWAP protocols. This integration follows successful integrations with other well-known DEXs, highlighting Orbs’ cutting-edge layer 3 technology.
Main Points
- Lynex traders can now access advanced order types, dLIMIT and dTWAP, which allow them to split big orders or guarantee order prices.
- Orbs’ decentralized, permissionless, and composable DeFi protocols dLIMIT and dTWAP are supported by the Orbs network.
- With over $100 million in Total Value Locked (TVL), Orbs is a decentralized protocol that pioneers L3 infrastructure, expanding opportunities for Web 3.0, DeFi, NFTs, and GameFi.
- Lynex’s trade volume may increase by adding dLIMIT and dTWAP to its services, as it supported over $9.3 million worth of transactions in November.
- dLIMIT allows users to buy or sell tokens at a specific price or above, while dTWAP executes algorithmic trading methods in a decentralized way to reduce the impact of large orders on the market.
- Lynex traders can personalize their dLIMIT and dTWAP orders by specifying parameters such as token swaps, limit prices, intervals, and trade durations.
- dLIMIT and dTWAP have become the industry standard for decentralized algorithmic orders in DeFi, with nine well-known DEXs adopting the protocols.
Conclusion
The integration of Orbs’ dLIMIT and dTWAP protocols into Lynex expands the trading possibilities for users while maintaining decentralization. These protocols have become the industry standard for decentralized algorithmic orders in DeFi, with widespread adoption across multiple DEXs.
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