SpookySwap, the leading AMM on Fantom, had become the first project on Fantom to integrate with Orbs Liquidity Hub. The move comes with many benefits for users as it will improve the trading experience with better pricing, reduced slippage, and a more efficient trading environment.
This expansion marks the fifth time Orbs Liquidity Hub has been deployed on an EVM-compatible network. Leveraging the advanced Layer 3 tech provided by Orbs, this solution comes with significant improvements.
Using external liquidity sources, Orbs Liquidity Hub, a Layer 3 optimization layer atop the automated market maker (AMM), improves price quotations and reduces slippage in trades. This assures a more competitive and effective trading environment by allowing traders to get the best available price on each swap as Orbs Liquidity Hub draws liquidity from a combination of on- and off-chain sources.
Integrating Liquidity Hub aims to guarantee smooth and user-friendly trading on SpookySwap. Thanks to the platform’s familiar user interface, users may thus benefit from Liquidity Hub’s extra features and upgrades while still enjoying the same ease of use.
Simply put, the integration:
- reduces slippage in trades,
- allows trades to profit more from each swap,
- provides a seamless and user-friendly interface.
In addition, one of the main advantages is its capacity to lessen the effects of Maximum Extractable Value (MEV), a phenomenon that can lead to unfair transaction execution.
Wrapping up
Because Liquidity Hub operates as an L3 that leverages external liquidity to deliver to users better prices, market traders can make more from every token swap initiated. It will surely draw interest from both institutional and professional traders. The integration leverages SpookySwap’s attractive user interface to ensure a great trading experience.
