Leading Fantom AMM SpookySwap has announced the integration of Orbs’ flagship L3 protocol, Liquidity Hub. The addition of Orbs’ Liquidity Hub to SpookySwap will allow Fantom users to optimize their onchain trading while incentivizing liquidity providers.
The rollout of Liquidity Hub enables SpookySwap users to access deeper liquidity procured from a broad range of onchain protocols on Fantom. Powered by Orbs’ advanced L3 technology, the solution provides significant improvements in pricing, resulting in an enhanced user experience.
The expansion of Orbs Liquidity Hub to Fantom marks the technology’s fifth deployment on an EVM chain and is a milestone in providing SpookySwap users with greater control when executing token swaps. In addition to supporting more efficient pricing, Liquidity Hub protects against Maximal Extractable Value (MEV), enables gasless trades, and delivers enhanced capital efficiency within a streamlined user interface.
As a fully decentralized and interoperable protocol, Orbs Liquidity Hub allows DEXs to draw liquidity from a combination of on- and off-chain sources. This is achieved without incurring custodial risk or compromising on the permissionless design that is inherent to the value proposition of DeFi. SpookySwap users can now access these new features and benefits without incurring any additional costs.
Liquidity Hub operates as an L3 that forms an optimization layer above the AMM. It taps into external liquidity to deliver better price quotes, allowing trades to be executed with less slippage. As a result, traders can capture more value from every swap they make.
Liquidity Hub harnesses third-party solvers who compete to fill swaps with liquidity procured from AMM pools or their own private inventory. It also enables decentralized orders to be accessed via API, allowing institutional and professional traders such as market makers to submit bids and compete to fill swaps. If the layer cannot execute the trade at a better price than the AMM, the transaction will return to the AMM contract and execute as normal.
From a user perspective, Liquidity Hub maintains SpookySwap’s familiar user interface, ensuring a seamless and intuitive trading experience. Its introduction to Fantom follows similar integrations that include Quickswap on Polygon PoS and zkEVM, Thena on BNB Chain, and IntentX on Base, aggregating liquidity across multiple chains.
About SpookySwap
SpookySwap is an automated market-making (AMM) decentralized exchange (DEX) for Ethereum Virtual Machine (EVM) compatible networks. Different from other DEXs, Spookyswap invested in building a strong foundation with its BOO token as a governance token, diverse farms, a built in bridge, built in limit orders, and user-centered service.
Learn more: https://spooky.fi/
About Orbs
Orbs is a layer-3 public blockchain infrastructure project powered by PoS, pioneering on-chain innovation since 2017. Orbs is a separate execution layer on top of L1/L2 chains and under the application layer as part of a tiered blockchain stack, enhancing the capabilities of smart contracts and powering protocols such as dLIMIT, dTWAP, and Liquidity Hub. The project’s core team comprises more than thirty dedicated contributors from Tel Aviv, London, New York, Tokyo, and Seoul.
Learn more: https://www.orbs.com/