DeFi

Bitcoin

when

Orbs

Zero

<div class="finbold">
 <p class="paragraph">Orbs, a pioneer in Layer-3 liquidity protocols, has introduced Perpetual Hub, a new <a rel="noopener noreferrer nofollow" title="solution" href="https://thebittimes.com/tag/solution.html">solution</a> for on-chain perpetual <a rel="noopener noreferrer nofollow" title="futures" href="https://thebittimes.com/tag/futures.html">futures</a> <a rel="noopener noreferrer nofollow" title="trading" href="https://thebittimes.com/tag/trading.html">trading</a>, as per the latest info shared with Finbold on May 30.&nbsp;</p>
 <p class="paragraph">Unlike previous solutions that relied on order books and virtual liquidity mechanisms, Perpetual Hub aims to maximize capital efficiency and trading value through an intent-based model.</p>
 <h2 class="wp-block-heading" id="h-centralized-finance-execution-in-defi">Centralized finance execution in DeFi</h2>
 <p class="paragraph">Developed in collaboration with SYMMIO and IntentX, Perpetual Hub leverages Orbs’ advanced L3 technology to bring centralized finance-level (CeFi) execution to the decentralized finance (DeFi) space, providing a comprehensive suite of tools to help traders optimize their on-chain perpetual futures trading.</p>
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 <p class="paragraph">Ran Hammer, Orbs Business Development VP, highlighted the significance of this launch, stating:</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph"><strong>Quote</strong>: “This launch opens a door that has previously served as a blocker for people in blockchain. Perpetual <a rel="noopener noreferrer nofollow" title="futures" href="https://thebittimes.com/tag/futures.html">futures</a> are significantly more popular than spot <a rel="noopener noreferrer nofollow" title="trading" href="https://thebittimes.com/tag/trading.html">trading</a>, and we now offer the best <a rel="noopener noreferrer nofollow" title="solution" href="https://thebittimes.com/tag/solution.html">solution</a> for perpetual traders on-chain. We’re eager to continue fostering our reputation as lead experts in DeFi and web3, helping bring the world on-chain!”</p> <cite>— Ran Hammer, Orbs Business Development VP</cite>
 </blockquote>
 <p class="paragraph">The current total value locked (TVL) in on-chain derivatives is $3.4 billion, a small portion of the overall DeFi market TVL, which sits around $100 billion.&nbsp;</p>
 <h2 class="wp-block-heading" id="h-perpetual-hub-s-core-components">Perpetual Hub’s core components</h2>
 <p class="paragraph">Perpetual Hub caters to a wide range of market participants, including traders and market makers, through its three core components:&nbsp;</p>
 <ul>
  <li><strong>Hedger</strong>: Utilizing a SYMM-powered front end, this market maker provides liquidity by fulfilling user orders. It can also tap into external liquidity sources, such as centralized exchanges (DEXs) like Binance, ensuring further liquidity;</li>
 </ul>
 <ul>
  <li><strong>Liquidator</strong>: This component allows users to liquidate positions when collateral values fall below maintenance margins. Liquidators earn fees for their services, incentivizing the maintenance of market stability;</li>
 </ul>
 <ul>
  <li><strong>Price Oracle</strong>: The Price Oracle delivers dependable on- and off-chain data to ensure accurate pricing. It is crucial for calculating unrealized profit and loss (uPnL), identifying liquidation points, and executing orders.</li>
 </ul>
 <p class="paragraph">All three elements harness the decentralized power of the Orbs Network, supported by its Guardians and proof-of-stake (PoS) ecosystem.&nbsp;</p>
 <p class="paragraph">This enables other platforms, market participants, and third parties to offer a robust suite of decentralized services for perpetual futures trading.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/orbs-unveils-perpetual-hub-a-new-solution-for-onchain-futures-trading-tbt90482.html">https://thebittimes.com/orbs-unveils-perpetual-hub-a-new-solution-for-onchain-futures-trading-tbt90482.html</a></p>

Orbs unveils Perpetual Hub, a new solution for onchain futures trading

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