PancakeSwap has integrated the dLimit and dTWAP protocol powered by Orbs into its multi-chain DEX. As a result, PancakeSwap traders can access advanced order types for guaranteed price execution and break large orders into smaller trades. PancakeSwap is the largest DEX by trading volume to have integrated the technology.
The introduction of dLimit and dTWAP to PancakeSwap follows successful integrations with other prominent DEXs including QuickSwap, SpookySwap, and Thena. The increasing adoption of these trading solutions further solidifies Orbs’ position as a market leader in DeFi innovation while showcasing the ability of its layer 3 technology to push the boundaries of smart contracts.
With $6B in weekly transaction volume, PancakeSwap is a leading DEX across multiple EVM chains including BNB Chain, Ethereum, zkSync, and Arbitrum. dLIMIT and dTWAP will expand PancakeSwap’s current products while providing its users with more flexible trading options.
Powered by the Orbs network, dLIMIT is a fully decentralized, permissionless, and composable DeFi protocol. Its integration with PancakeSwap grants traders access to advanced order types at no extra cost. In addition to dLIMIT, PancakeSwap is integrating decentralized time-weighted average price orders (dTWAP) by Orbs, enabling the execution of this popular algorithmic trading strategy.
Orbs VP of Business Development Ran Hammer said: “PancakeSwap’s integration of dLIMIT and dTWAP brings powerful new trading features to millions of DeFi users. In the process, it reinforces the protocol’s status as the preeminent solution for supporting advanced order types. Thanks to dLIMIT and dTWAP, PancakeSwap users will be able to trade more efficiently and enjoy better order execution without compromising on decentralization.”
When selecting a dLIMIT trade on PancakeSwap, users are presented with an easy-to-follow interface alongside an order history tab to keep track of previous transactions. dLIMIT takes into account current market conditions, prices, and gas fees. Once the parameters are set, the user can approve the source token before placing and reviewing the order.
With a dTWAP order on PancakeSwap, the user must also specify the number of individual trades. The UI automatically calculates the total number of transactions required to complete the entire order and the estimated trading interval.
The dLIMIT and dTWAP protocol has become the industry standard for decentralized algorithmic orders in DeFi. The protocol has been implemented by 10 prominent DEXs spanning six chains, facilitating over $40M of trading volume.
About Orbs
Orbs is an open, decentralized and public blockchain infrastructure executed by a secure network of permissionless validators. Orbs’ decentralized execution layer operates between existing L1/L2 solutions and the application layer, forming a tiered blockchain stack that avoids the need to move liquidity onto a new chain. In addition to developing best-in-class blockchain solutions, Orbs supports projects whose goals and values align with its vision for web3. Learn more: https://www.orbs.com/