Latest news with #DEXs
Business Insider
2 days ago
- Business
- Business Insider
SpookySwap and THENA Each Launch Perpetual Trading via Orbs' Perpetual Hub Ultra
SpookySwap and THENA lead as the first DEXs to integrate Orbs' Perpetual Hub Ultra, bringing onchain perpetual trading to their platforms. The Sonic and BNB Chain DEXs, respectively, have integrated Orbs' protocol to introduce perpetual trading with up to 60x leverage and support for over 300 pairs. Orbs' flagship protocol, Perpetual Hub, facilitated over $2.2 billion in trading volume, with the newly launched Ultra version paving the way for further growth. Orbs' latest flagship protocol, Perpetual Hub Ultra, enables DEXs on any EVM chain to complement their spot markets with the addition of perpetual trading. Ultra's plug-and-play design brings deep liquidity to DEXs, enabling users to access leverage within a familiar trading environment. Both SpookySwap and THENA, have a track record of integrating Orbs protocols, previously integrating dLIMIT and dTWAP to expand their spot trading offerings. Now, with the rollout of Perpetual Hub Ultra, they are further evolving their platforms by introducing on-chain perpetual trading across more than 300 trading pairs, powered by Orbs' Layer-3 technology. Sonic users can now trade intent-based perpetual on SpookySwap, with Orbs' composable tech stack seamlessly orchestrating the entire process. Orders are filled by the Hedger, which draws liquidity from external sources, including centralized exchanges such as Binance. Positions are managed by the Liquidator, tasked with checking collateral and margin thresholds. Perpetual Hub Ultra is completed by the Price Oracle, which provides accurate unrealized profit and loss (PnL) data for efficient position management. BNB Chain users can also access perpetual trading on THENA, whose integration of Perpetual Hub Ultra is now live. All 300+ pairs that Orbs facilitates are available, enabling traders to enter leveraged positions for popular tokens, such as $PUMP, that aren't natively supported on BNB. smart contract infrastructure is combined with Orbs' infrastructure to provide a decentralized and highly liquid trading experience. Orbs CBO Ran Hammer said: 'We're delighted to see SpookySwap and THENA move quickly to integrate Perpetual Hub Ultra with full support from Orbs. These integrations bring a powerful onchain primitive to the Sonic and BNB Chain ecosystems that allow DEX users to access perpetual markets with deep liquidity and support for hundreds of assets. As Perpetual Hub Ultra is rolled out across more EVM chains, it will provide access to perpetual trading that is decentralized, secure, and fully customizable to suit the needs of leading DEXs.' Perpetual Hub Ultra has the potential to boost trading volume for DEXs that integrate the protocol, helping exchanges attract new users and grow revenue without the need to bootstrap on-platform liquidity, thanks to its intent-based architecture. Orbs is a decentralized Layer-3 (L3) blockchain designed specifically for advanced onchain trading. Utilizing a Proof-of-Stake consensus, Orbs acts as a supplementary execution layer, facilitating complex logic and scripts beyond the native functionalities of smart contracts. Orbs powered protocols such as dLIMIT, dTWAP, Liquidity Hub, and Perpetual Hub push the boundaries of DeFi and smart contract technology, introducing CeFi-level execution to onchain trading.
Yahoo
5 days ago
- Business
- Yahoo
Solana Eyes 66% Block Size Bump With New Developer Proposal as Network Demand Grows
Solana developers are considering increasing the network's block capacity by 66% as demand for block space on the most widely used network grows. A new proposal, SIMD-0286, floats the idea of increasing Solana's per-block compute limit from 60 million to 100 million compute units (CUs), according to a document posted by core contributors this week. The goal is to let Solana process more transactions and support heavier apps like DEXs, MEV systems, and restaking protocols without hitting compute ceilings. "Block limits' primary purpose is to ensure the vast majority of network participants are able to keep up with the network, by restricting the amount of work a leader is allowed to pack into a block," the proposal's motivation reads. "However, current mainnet traffic is largely not constrained by large block execution times. This proposal aims a substantial increase in block limits to 100 million CUs, in order to provide additional capacity to the network," it adds. Solana currently produces blocks every 400 milliseconds, with strict caps on how much compute can be packed into each one. Earlier this month, the network activated SIMD-0256, which increased the limit from 50 million to 60 million CUs. But developer demand has spiked in tandem, raising the need for even more block space. The new proposal would allow validators to opt into the 100 million CU ceiling via a software upgrade, which is expected to go live in a future epoch once it is adopted. SIMD-0286 only raises the Max Block Units limit, which governs total compute per block. Other limits, such as Max Writable Account Units, stay unchanged. This means the extra capacity will primarily benefit non-vote, parallelizable transactions such as DeFi swaps or NFT mints, without increasing pressure on individual accounts.
Cision Canada
7 days ago
- Business
- Cision Canada
Bybit DeFi Report: RWA and DEXs Thrive Despite Cooling Market Activity
DUBAI, UAE, July 23, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, released a new decentralized finance (DeFi) report, encapsulating significant shifts in the sector with real-world assets (RWA) and decentralized exchanges (DEXs) as new drivers. Unlike the frenzy of DeFi Summer of 2020, institutional adoption and utility-focused applications are fueling today's market. DeFi's Institutional Play: Regulatory clarity stemming from events such as the GENIUS Act and Circle's IPO has spurred institutional interest in DeFi lending and tokenized assets. Backed by the mainstreaming of stablecoins, DeFi's integration with traditional finance has been driven by institutional interest. Total DeFi lending deposits reached $67.8 billion across platforms including Aave, Morpho, and Maple Finance. RWA platforms like Securitize, Ondo Finance, and Franklin Templeton are enabling yield opportunities backed by US Treasuries, bridging crypto and mainstream investing. DEXs Challenge Centralized Players: Hyperliquid leads perpetual futures trading with $1.27 trillion in year-to-date volume, showing DEXs can play in the same league as CEXs. This has encouraged hybrid platforms like Byreal, which combine CEX liquidity with DeFi transparency. Divergent Performance: While RWA and DEX sectors flourish, AI-related DeFi (DeFAI) tokens face declining interest and liquid staking growth remains constrained by token volatility. The report approaches the state of play in DeFi with sector highlights from all aspects, demonstrating DeFi's transition toward utility-focused applications anchored in real-world use cases. As institutional RWA adoption accelerates and hybrid solutions emerge, DeFi positions itself as on-chain financial infrastructure, combining centralized finance performance with decentralized transparency. #Bybit / #TheCryptoArk / #BybitReport About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at
Business Insider
17-07-2025
- Business
- Business Insider
Orbs Unveils Perpetual Hub Ultra to Bring Native Perps Trading to Omnichain DEXs
Orbs, the leading Layer-3 infrastructure provider, has unveiled Perpetual Hub Ultra as a whitelabel solution for decentralized exchanges. Perpetual Hub Ultra can be deployed by any DEX, complete with a fully customized user interface, bringing perps trading to new markets. The release of Perpetual Hub Ultra taps into the growing demand for perps trading among onchain users, enabling decentralized exchanges to futures markets with minimal overhead. Through tapping into Orbs' best-in-class infrastructure and deep liquidity, DEXs can rapidly and securely roll out perps trading. Perpetual Hub Ultra builds upon the success of Orbs' Perpetual Hub, which has been widely integrated across the omnichain ecosystem. It includes support for over 300 trading pairs with up to 60x leverage, automated liquidations, and deep liquidity routing for superior capital efficiency. Perpetual Hub Ultra combines smart contract infrastructure with Orbs' omnichain infra, enabling DEXs to seamlessly launch a whitelabel perps platform. A CeFi-grade interface that's fully customizable is coupled with a full suite of Orbs perps primitives in the form of its Hedger, Liquidator, and Price Oracle. This provides decentralized exchanges with everything they need to deploy their own branded perps platform. Perpetual Hub Ultra's modular design provides full B2B2C scalability. It can be immediately integrated, enabling any DEX to add perps trading with minimal development effort. Projects attempting to launch their own perps trading platforms face multiple hurdles, including attracting sufficient liquidity and maintaining competitive margin requirements. This has resulted in a handful of major players dominating the onchain perps market. Orbs' whitelabel solution has the potential to address this imbalance, allowing DEXs and L2s to establish secure, highly liquid perps markets that provide healthy competition. Perpetual Hub Ultra empowers DEXs to diversify beyond spot trading to offer more sophisticated products. It has the potential to significantly boost trading volume, attract new users, and grow revenue without requiring the development of a specialized base layer. Major DEX integrations of Perpetual Hub Ultra are already underway on multiple chains, as spot exchanges take advantage of this capability while setting the standard for onchain perps. About Orbs Orbs is a decentralized Layer-3 (L3) blockchain designed specifically for advanced onchain trading. Utilizing a Proof-of-Stake consensus, Orbs acts as a supplementary execution layer, facilitating complex logic and scripts beyond the native functionalities of smart contracts. Orbs powered protocols such as dLIMIT, dTWAP, Liquidity Hub, and Perpetual Hub push the boundaries of DeFi and smart contract technology, introducing CeFi-level execution to onchain trading. Contact
Business Insider
11-07-2025
- Business
- Business Insider
Falcon Finance Launches Miles Program to Reward DeFi Users of the Synthetic Dollar Economy
Dubai, UAE, July 11th, 2025, Chainwire Falcon Finance, a next-generation synthetic dollar protocol, has launched the Pilot Season of Falcon Miles. This DeFi-native rewards program supports the onchain growth of USDf by incentivizing users who contribute to liquidity and participate in Falcon's DeFi activity. The Miles program now covers three reward tracks: liquidity provisioning, yield tokenization and lending markets. It is designed to align long-term incentives with meaningful protocol activity. Participants can earn Miles by: Supplying USDf liquidity on leading DEXs including Uniswap v3, Curve, Balancer, PancakeSwap, and Bunni Putting USDf or sUSDf to work in protocols like Pendle, Morpho, Spectra, Napier, and Euler via yield tokenization and money markets Inviting others to engage with the Falcon app and contribute to its ecosystem growth This marks a milestone for synthetic dollar ecosystems. Falcon is among the first protocols to unify rewards across DeFi liquidity, lending, and yield platforms, creating a system that ties real onchain activity to long-term value. The Miles program is designed to reward meaningful participation across DeFi. Users earn a minimum of 1 Mile for every $1 of eligible activity, with multipliers ranging from 6x to 72x for high-impact actions like providing liquidity or engaging in lending and yield tokenization strategies. Whether users mint USDf, stake sUSDf, or hold it after acquiring from DEXs or centralized exchanges like Bitfinex and WOO X, every DeFi interaction contributes to their Miles balance. A dedicated dashboard in the Falcon App updates daily, allowing users to track rewards and view applicable multipliers in real time. The Pilot Season sets the foundation for broader expansion. Phase 2 will introduce more DeFi integrations and reward paths as Falcon continues to scale the synthetic dollar economy. Contact Managing Partner
