Orbs, the main layer-three blockchain infrastructure supplier, is celebrating a string of milestones following its funding in THENA.
Since Orbs started supporting THENA with a mix of capital, advertising and marketing and technical integrations, the BNB Chain liquidity protocol has reached new heights, culminating in THENA’s itemizing on Binance.
Over the previous yr, THENA has benefited from Orbs’ suite of superior layer-three buying and selling options, together with integrations of dTWAP, dLIMIT, liquidity hub and perpetual hub.
These applied sciences have enabled THENA to ship environment friendly buying and selling execution, sturdy liquidity administration and modern perpetual buying and selling options.
Along with offering the infrastructure to assist THENA’s progress, Orbs has provided the funding for it to construct out its roadmap following a strategic $600,000 funding in late 2023.
Coupled with technical and advertising and marketing collaboration, Orbs’ enter has prolonged THENA’s visibility on BNB Chain and enabled it to develop its market share.
The partnership started in March 2023, when Orbs recognized THENA as a promising DeFi protocol.
Recognizing THENA’s deal with constructing a ve(3,3)-powered DEX (decentralized change), Orbs made a strategic dedication to assist its long-term progress.
THENA was one of many first protocols to undertake Orbs’ dTWAP and dLIMIT applied sciences, offering customers with superior buying and selling instruments for exact execution and order automation.
The inclusion of Orbs liquidity hub additional enhanced buying and selling effectivity, providing MEV safety, aggregated liquidity and gasless transactions.
In July 2024, Orbs launched its perpetual hub to THENA, enabling customers to take part in leverage buying and selling with diminished collateral necessities,
These integrations considerably expanded THENA’s product choices and positioned it as a common DeFi hub on BNB Chain.
Orbs has supported THENA in increasing its market attain by way of focused campaigns and strategic introductions.
A group meetup in Seoul, organized in March 2024, marked THENA’s entry into the Korean market and strengthened its consumer base in Asia.
Equally, joint showcases at Edcon Tokyo and Token2049 Singapore highlighted THENA’s superior expertise and strengthened its fame as a frontrunner in DeFi innovation.
In November 2024, THENA achieved a major milestone with its itemizing on Binance, the world’s largest cryptocurrency change.
The itemizing preceded by a Binance airdrop marketing campaign catalyzed a surge in consumer curiosity, culminating in THENA’s native token reaching an ATH (all-time excessive).
This achievement underscores the energy of THENA’s ecosystem, constructed on a basis of superior expertise, sturdy tokenomics and a targeted crew.
Ran Hammer, vp of enterprise improvement at Orbs, mentioned,
“THENA’s success reveals what true partnership and focus can obtain in DeFi. By integrating Orbs’ tech and supporting their imaginative and prescient with strategic funding, we’ve helped set a brand new commonplace for on-chain buying and selling.
“The THENA crew’s dedication to the Binance ecosystem has been unimaginable, and we’re proud to be a part of their journey. That is simply the beginning.”
Wanting forward, Orbs and THENA stay dedicated to driving DeFi innovation.
THENA continues to prioritize its improvement inside the BNB Chain ecosystem, leveraging Orbs’ infrastructure to ship cutting-edge buying and selling options and increase its market presence.
About Orbs
Orbs is a decentralized layer-three blockchain infrastructure designed particularly for superior on-chain buying and selling. Orbs optimizes buying and selling with aggregated liquidity, superior buying and selling orders and on-chain derivatives.
Orbs enhances the capabilities of each EVM and non-EVM sensible contracts with out transferring liquidity onto a brand new chain.
This one-of-a-kind setup acts as a decentralized backend that brings CeFi-level execution to DeFi buying and selling.
Study extra on the web site.
About THENA
THENA is a DEX constructed on BNB Chain, leveraging ve(3,3) mechanics to drive liquidity and reward participation.
Targeted on delivering superior buying and selling options, THENA empowers customers with a seamless DeFi expertise together with spot and perps buying and selling, liquidity swimming pools and fiat on-ramp.
Study extra on the web site.
Contact
Ran Hammer, vp of enterprise improvement at Orbs
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