DeFi

when

Orbs

Layer 3 Orbs has announced that its dLIMIT and DCA protocols have been integrated&nbsp;into the market-leading multi-chain DEX Sushi. With the advent of these twin technologies, Sushi users will have access to robust tools&nbsp;that improve their trading encounter.
Users may now access sophisticated order types, such as the option to stretch out their orders over time, independent of the current price, thanks to the integration of Orbs’ flagshio products&nbsp;into Sushi. By eschewing the difficulties of market timing, this approach is perfect for reducing risk.
Limit orders may be placed on-chain by traders using the decentralized dLIMIT protocol. You may use limit orders to specify a price at which you would want to purchase or sell tokens. Only the market meeting your goal price will cause your order to execute; alternatively, you may simply choose targets that are +1%, +5%, or +10% above your objective. You can have complete control over your purchase by adding an expiration date.
On Sushi, users are greeted with an intuitive UI and an order history page for monitoring open orders, both past and present, when they choose a Limit swap. Only when the available market price matches or exceeds the limit price are trades conducted. Prices, gas fees, and market circumstances are all taken into consideration by dLIMIT.
Furthermore, Sushi has included DCA by Orbs, making it possible to use this well-liked algorithmic trading technique that makes use of time-weighted average price orders. The customer specifies the desired number of individual trades as well as the frequency of transactions when making a DCA order on Sushi.
Sushi users now have the ability to make extremely personalized swaps thanks to the inclusion of Limit and DCA orders. They let users to progressively increase their holdings in a selected cryptocurrency by using dollar cost averaging, or DCA. Additionally, users have the ability to make limit orders, which only carry out certain trades&nbsp;that fall under the specified price range.
Sushi’s integration of dLIMIT and DCA comes after PancakeSwap, QuickSwap, and Thena, three other EVM DEXs, deployed in a similar manner. The increasing use of these technologies in the multi-chain DEX context highlights Orbs’s layer 3 technology, which gives DeFi CeFi-level performance, and solidifies the company’s leadership position in the DeFi industry.

Orbs Integrates Advanced dLIMIT and DCA Protocols into Sushi DEX

TheNewsCrypto

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