DeFi

SushiSwap

when

Orbs

Tel Aviv, Israel, August 20th, 2024, Chainwire
 
Layer 3 Orbs has announced that its dLIMIT and DCA protocols have been integrated into leading multi-chain DEX Sushi. The introduction of these twin technologies will allow Sushi users to access powerful tools that enhance their trading experience.
The integration of Orbs’ flagship products into Sushi enables users to access advanced order types, including the ability to spread out their orders over time, regardless of the current price. This method is ideal for minimizing risk by avoiding the pitfalls of market timing.
dLIMIT operates as a decentralized protocol that allows traders to place limit orders on-chain. Limit orders allow you to set a specific price at which you want to buy or sell a token. Your order will only execute if the market meets your desired price, or you can easily choose options, such as +1%, +5%, or +10% above your target. Additionally, you can set an expiry date for your order, giving you full control.&nbsp;
When selecting a Limit swap on Sushi, users are presented with an easy-to-follow user interface alongside an order history tab to keep track of previous and current open orders. Trades are only executed when the available market price is equal to or better than the Limit price. dLIMIT takes into account current market conditions, prices, and gas fees.&nbsp;
In addition, Sushi has integrated DCA by Orbs, enabling the execution of this popular algorithmic trading strategy that utilizes time-weighted average price orders. When placing a DCA order on Sushi, the user specifies both the frequency of the trades and the desired number of individual trades.&nbsp;
The introduction of Limit and DCA orders empowers Sushi users to set highly customized swaps. They allow users to implement DCA (dollar cost averaging) to gradually build a position in a desired token. They can also set limit orders that only execute individual trades if they are within the defined price limit.
Sushi’s integration of dLIMIT and DCA follows similar deployments by EVM DEXs including PancakeSwap, QuickSwap, and Thena. The growing adoption of these technologies throughout the multi-chain DEX environment reinforces Orbs' position as a market leader in DeFi innovation while showcasing its layer 3 technology that brings CeFi-level execution to DeFi.&nbsp;
 
About Orbs&nbsp;
Orbs is a decentralized Layer-3 (L3) blockchain infrastructure designed specifically for advanced on-chain trading. Orbs optimizes trading with aggregated liquidity, advanced trading orders, and on-chain derivatives. Orbs enhances the capabilities of both EVM and non-EVM smart contracts without moving liquidity onto a new chain. This one-of-a-kind setup acts as a decentralized backend that brings CeFi-level execution to DeFi trading.
Learn more: <a href="https://www.orbs.com/" rel="nofollow noopener" target="_blank">https://www.orbs.com/</a>
About Sushi
Sushi is a leading multi-chain decentralized exchange (DEX), deployed across more than 35 blockchains. It offers a unique cross-chain swap feature, SushiXSwap, enabling seamless swaps across 15 chains. With Sushi, you can swap, provide liquidity, and access advanced trading and DeFi solutions for the ultimate DEXperience.
Learn more: <a href="https://www.sushi.com/" rel="nofollow noopener" target="_blank">https://www.sushi.com/</a>
 
<h5>Contact</h5>Ran Hammer hello@orbs.com 
 
 
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SushiSwap Integrates Orbs’ dLIMIT and DCA Into Its Multi-Chain DEX (20 Aug)

Chainwire

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