Main points related to Orbs Liquidity Hub on Fenix Finance:
- Orbs launched its Liquidity Hub on Blast-based DEX protocol Fenix Finance.
- Orbs Liquidity Hub integration with Fenix is the fifth deployment on EVM blockchain networks.
- The Liquidity Hub reduces slippage, offers best pricing, and cuts transaction fees for users.
- Users can protect against MEV and access gas-free transactions with Orbs Liquidity Hub.
- Orbs and Fenix aim to boost Fenix’s DEX protocol goals through the integration and seed funding.
Orbs Liquidity Hub Integration with Fenix Finance
Orbs has launched its Liquidity Hub on the Blast-based decentralized exchange protocol, Fenix Finance. This integration marks the fifth deployment on EVM blockchain networks and the first expansion to a Blast-based DEX. The Liquidity Hub operates as a layer on top of Fenix Finance DEX, leveraging multiple liquidity sources to provide users with the best possible pricing, reduced slippage, and lower transaction fees. By merging liquidity from on- and off-chain sources, the Liquidity Hub delivers an enhanced trading experience without introducing custodial risk.
Orbs and Fenix Integration for Enhanced DEX Protocol
Following Orbs’ launch of its Liquidity Hub on Fenix, the platform also led a $300,000 seed investment round for Fenix Finance. This strategic integration and funding round aim to bolster Fenix’s goals for its DEX protocol on Blast. Fenix Finance, which launched its Open Beta two months ago, has already attracted over 5,000 users and facilitated more than $150 million in trading volume.