Fri, December 20

DeFi Platform SpiritSwap Now Offers New Functionality for Traders With Orbs’ dTWAP Module Integration

DeFi Platform SpiritSwap Now Offers New Functionality for Traders With Orbs' dTWAP Module Integration Defi News

The layer-3 blockchain infrastructure solution Orbs’ dTWAP advanced trading order feature is integrating into the SpiritSwap decentralized finance (DeFi) platform. After a thorough examination and due diligence procedure by the SpiritSwap team.

Swap and limit orders now support the majority of DEX-AMMs. After this integration, SpiritSwap will be the first automated market maker (AMM) and decentralized exchange (DEX) to use Orbs’. It is a completely decentralized, permissionless, and composable dTWAP protocol to enable advanced trading orders.

Users of SpiritSwap will be able to perform complex trading techniques, such as algorithmic and automated strategies. And that is not presently enabled by other DeFi platforms thanks to the integration, which is intended to increase liquidity on the platform.

Decentralized time-weighted average price, or dTWAP, is one of the most popular algorithmic trading techniques in the centralized finance (CeFi) industry. By dividing the initial order into many smaller ones that are individually executed at regular intervals over a certain time. And it is used to reduce any big transaction’s overall footprint in a market.

Layer-3 infrastructure provided by Orbs guarantees that orders are executed at fair prices. And with no loss of decentralization or security. SpiritSwap users may enhance their trading tactics using Orbs’ dTWAP to get access to features like Dollar-cost Averaging (DCA). And placing market orders with longer intervals and extended durations, and engaging automatic DCA without any further input.

Additionally, SpiritSwap customers may specify their chosen settings, including length, size, interval, market orders, and limit orders from a single screen. Thanks to Orbs’ dTWAP, which has an intuitive and simple-to-use interface. Together, these capabilities provide customers more freedom while taking into consideration factors including market circumstances like volatility and gas prices.

“Today’s decentralized trading infrastructure lacks liquidity, meaning any large order flow can cause significant adverse price impact. If we want to attract more sophisticated institutional investors to the decentralized ecosystem, alleviating these conditions with robust functionalities like TWAP is paramount,” notes [name] [position]. “As the first-mover in this race, SpiritSwap’s dTWAP integration will showcase the powerful capabilities of our smart contracts and how they can expressly benefit both the liquidity and trade execution needed to support complex strategies.”

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