Orbs, a layer-3 liquidity protocol, has launched its Perpetual Hub to enhance on-chain futures trading for leverage traders. This initiative is in collaboration with SYMMIO and IntentX.
Defi perpetual futures typically rely on order books, which many experts argue lack capital efficiency for the $3.4 billion locked in on-chain derivatives.
Orbs’ Perpetual Hub offers a suite of on-chain solutions: Hedger, Liquidator, and Price Oracle. Hedger uses SYMMIO’s front end for aggregated liquidity, drawing resources from external sources. Liquidator allows individuals to earn fees by maintaining margin thresholds. Price Oracle provides a decentralized terminal for monitoring unrealized profit and loss.
Orbs VP, Ran Hammer, stated that the Perpetual Hub removes significant barriers for blockchain participants interested in on-chain futures trading.
By addressing capital efficiency and liquidity issues, Orbs’ Perpetual Hub could significantly enhance the on-chain derivatives market.
