Odos & Orbs
Last updated
Last updated
Our primary engine also incorporates the Liquidity Hub, an optimization layer designed to access external liquidity sources, enhancing price execution and minimizing price impact. If the Liquidity Hub cannot provide a better price than the main engine, the trade defaults to the AMM contract and continues seamlessly. This system aggregates liquidity from both on-chain and off-chain sources to offer highly competitive pricing. The Liquidity Hub achieves this by leveraging a network of solvers, operating both on-chain and off-chain, that compete to secure the most cost-efficient liquidity for traders.
The key benefits of ORBS for SwapX users and LPs include:
LPs retain the same revenue levels with the Liquidity Hub as they would without it, ensuring no negative impact
The Liquidity Hub eliminates arbitrage losses to MEV by matching orders without relying on block producers
The protocol allows DEXs to incorporate a standard centralized CEX book API, enabling traditional market makers to participate in DeFi
Trades executed via the Liquidity Hub are entirely gasless for users
The DEX interface and swap flow remain unchanged, ensuring a smooth and familiar process for users