PancakeSwap, the popular multi-chain DEX, has successfully integrated Orbs-powered protocols dLimit and dTWAP, enhancing the trading experience for its users. These advanced order types ensure precise price execution and enable traders to split larger orders into smaller trades. PancakeSwap, known for its high trading volume, is the largest DEX to adopt this technology.
With the addition of dLimit and dTWAP, PancakeSwap joins other well-known DEXs like QuickSwap, SpookySwap, and Thena in leveraging Orbs’ layer 3 technology to push the boundaries of smart contracts. This further solidifies Orbs’ position as a leader in DeFi innovation.
As a leading decentralized exchange, PancakeSwap operates on multiple EVM chains, including BNB Chain, Ethereum, zkSync, and Arbitrum, with a weekly transaction volume of $6 billion. The integration of dLIMIT and dTWAP expands PancakeSwap’s offerings, providing users with more trading options while diversifying its product line.
dLIMIT, a decentralized and composable DeFi protocol powered by Orbs, is now available on PancakeSwap at no additional cost. Traders can access sophisticated order types, taking into account factors such as prices, gas fees, and market conditions. In addition to dLIMIT, PancakeSwap has also incorporated Orbs’ decentralized time-weighted average price orders (dTWAP), allowing users to implement this popular algorithmic trading technique.
Ran Hammer, Orbs VP of Business Development, expressed his excitement about the integration, highlighting PancakeSwap’s user-friendly interface and the ability to monitor past transactions through the order history tab when using dLIMIT. Traders can authorize the source token after establishing the parameters and reviewing the order.
For dTWAP orders, PancakeSwap’s user interface automatically determines the projected trading period and the total number of transactions required to execute the order. This feature has gained significant adoption, with 10 well-known DEXs across six chains embracing the protocol, resulting in a trade volume exceeding $40 million.
Overall, the integration of Orbs-powered dLimit and dTWAP protocols on PancakeSwap enhances the trading experience and demonstrates the company’s commitment to innovation in the DeFi sector.