{"id":90531,"date":"2024-08-20T16:28:43","date_gmt":"2024-08-20T20:28:43","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=90531"},"modified":"2024-08-20T16:30:28","modified_gmt":"2024-08-20T20:30:28","slug":"sushi-integrates-orbs-dlimit-and-dca-protocols","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/sushi-integrates-orbs-dlimit-and-dca-protocols\/","title":{"rendered":"Sushi Integrates Orbs\u2019 dLIMIT and DCA Protocols"},"content":{"rendered":"\n

Decentralised exchange SushiSwap<\/a> now supports Layer-3 protocols on Orbs, enabling new order types like spaced-out orders.<\/p>\n\n\n\n

\"Sushi
Sushi Integrates Orbs\u2019 dLIMIT and DCA Protocols<\/figcaption><\/figure>\n\n\n\n

Layer-3 Orbs' dLIMIT and DCA decentralised protocols have been included in the SushiSwap platform, a decentralised exchange and automated market maker, providing users with additional trade management features. <\/p>\n\n\n\n

SushiSwap traders may now make limit orders directly on a blockchain network<\/a>, defining particular buy or sell prices with trades executing only when market conditions fit those requirements, according to a press release from Orbs dated August 20. <\/p>\n\n\n\n

According to the press release, the functionality also lets users customise order execution and keep track of trades via an order history page. Orbs:<\/p>\n\n\n\n

\n

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.”<\/p>\n<\/blockquote>\n\n\n\n

Orbs brings new DeFi features to SushiSwap<\/h2>\n\n\n\n

SushiSwap now supports Orbs' DCA protocol in addition to dLIMIT, enabling traders to execute “time-weighted average price orders.” <\/p>\n\n\n\n

Orbs claims that this function allows users to customise the frequency and quantity of trades, allowing them to “gradually build a position in a desired token.” <\/p>\n\n\n\n

Orbs is a proof-of-stake consensus mechanism that acts as an intermediary layer to improve the functionality of Decentralised Finance\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> (DeFi). By selling its native tokens to DWF Labs in 2023, Orbs raised $10 million. <\/p>\n\n\n\n

Since then, it has been extending its services over a number of blockchain networks, such as Ethereum, Polygon, and the Open Network. <\/p>\n\n\n\n

In an effort to increase user liquidity and capital efficiency, the project launched Fenix Finance, its liquidity centre, on the Blast-based decentralised exchange protocol in July. <\/p>\n\n\n\n

The announcement of integration caused the price of the ORBS token<\/a> to rise to $0.025\u2014a gain of more than 5%.<\/p>\n","protected":false},"excerpt":{"rendered":"

Decentralised exchange SushiSwap now supports Layer-3 protocols on Orbs, enabling new order types like spaced-out orders. Layer-3 Orbs’ dLIMIT and DCA decentralised protocols have been included in the SushiSwap platform, a decentralised exchange and automated market maker, providing users with additional trade management features. SushiSwap traders may now make limit orders directly on a blockchain […]<\/p>\n","protected":false},"author":43,"featured_media":90532,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[11410],"tags":[197,21407,853],"class_list":["post-90531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-defi","tag-defi","tag-orbs","tag-sushiswap"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/08\/croc_1724184484541.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/90531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=90531"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/90531\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/90532"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=90531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=90531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=90531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}