Competitive Advantages of Orbits DEX:
Orbits DEX has several advantages over other DEX products currently available in the market:- Orderbook: One of the primary benefits of Orbits is its order book-style DEX, which supports trading at market prices or pending orders at limit prices. Traders can view their positions and historical orders, making it easier to manage their portfolios. Orbits also support multichain spot and derivative transactions, allowing users to trade more than 500 tokens on multiple blockchains.
- Low Cost: Additionally, Orbits offers low-cost and high-performance transactions due to its settlement layer being on L2. With zk-SNARK technology, transaction costs are significantly reduced, with costs being lower than 1/40 of the main chain. Transactions are executed instantly, and the main chain is confirmed in seconds, making it ideal for high-frequency trading.
- Secure Transactions: Safety is also a core feature of Orbits, thanks to zk-SNARK technology. The technology provides zero-knowledge proof, ensuring safe and private transactions.
- Better Liquidity + Trading Depth: The aggregator feature of Orbits allows it to share the transaction pool with other platforms and DEXs, which can form a better transaction depth. This feature provides traders with better liquidity and improved trading depth.
- Scalability: Finally, the Orbits ecosystem has scalability, thanks to the implementation of SaaS. Although SaaS has not been launched yet, it is expected to be used to implement modular subchains, which can be independent DEXs or shared with Orbits. This feature allows for the creation of multiple sub-chains, achieving an unlimited expansion of transaction efficiency through modular and customizable sub-chains.
- Revenue Distribution Model:
- Synthetic Assets:
- Fees:
- Transaction Fee Income for users:
Spot fees | Derivative fees | Total | 50% for reward pool |
$20m * 0.1%=$20,000 | $200m * 0.05%=$100,000 | $120,000 | $60,000 for users |
- Quantitative Strategy Earnings:
- Zk-SNARKs Security (as Ethereum):
- Strategy Enabled:
- 50% Reward Pool:
- Fast (instant confirmation≤10ms):
- Low Cost (approx. $0.001 transaction fees):
The Takeaway – Future of Decentralized Trading:
The Orbits platform is based on a Layer 2 solution that uses zk-rollups, a technology that ensures fast and efficient trading without sacrificing security. The team is focused on building a user-friendly and professional trading interface that will appeal to novice and experienced traders. All these unique features and benefits will revolutionize the world of decentralized trading and ensure a unique and reliable trading experience for its users. For more regarding Orbit Dcx: https://linktr.ee/orbits_I’m a professional writer with over 10 years of experience in the field of cryptocurrency. I have written for some of the biggest names in the industry, including Bitcoin Magazine, CoinDesk, and The Blockchain Observer. My work has been featured in major publications such as The Wall Street Journal, Forbes, and Time. I am also a regular contributor to CNBC, where I provide analysis and commentary on the latest trends in the cryptocurrency market.