PancakeSwap, the multi-chain DEX, has recently integrated the Orbs-powered dLimit and dTWAP protocol. This integration allows traders on PancakeSwap to access advanced order types that ensure accurate price execution and enable the splitting of larger orders into smaller trades. As the largest DEX to adopt this technology based on trading volume, PancakeSwap continues to demonstrate its leadership in the DeFi innovation sector.
Following successful integrations with other renowned DEXs like QuickSwap, SpookySwap, and Thena, PancakeSwap has now added dLimit and dTWAP to its platform. The increasing adoption of these trading solutions showcases how Orbs’ layer 3 technology can push the boundaries of smart contracts and solidifies the company’s position in the DeFi industry.
PancakeSwap is a prominent decentralized exchange (DEX) operating on various EVM chains, including BNB Chain, Ethereum, zkSync, and Arbitrum. With a weekly transaction volume of $6 billion, the addition of dLIMIT and dTWAP will offer PancakeSwap users even more trading options and expand its existing product line.
dLIMIT is a fully decentralized, permissionless, and composable DeFi protocol powered by the Orbs network. By integrating with PancakeSwap, traders can access sophisticated order types without any extra charges. In addition to dLIMIT, PancakeSwap is also incorporating Orbs’ decentralized time-weighted average price orders (dTWAP), enabling the implementation of this popular algorithmic trading technique.
Ran Hammer, the VP of Business Development at Orbs, commented on the integration:
“When users choose a dLIMIT trade on PancakeSwap, they are greeted with an intuitive user interface and an order history tab to track their past transactions. dLIMIT takes into account prices, gas fees, and market conditions. Once the parameters are set, users can authorize the source token and proceed with the order placement and examination.”
For dTWAP orders on PancakeSwap, users need to specify the number of separate trades they wish to make. The user interface then automatically determines the projected trading period and the total number of transactions required to execute the order. With 10 prominent DEXs across six chains adopting the protocol, the trade volume facilitated by dTWAP exceeds $40 million.
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