Orbs Announces Strategic Investment in Fenix Finance, an Innovative DEX on Blast

Ran Hammer
Ran Hammer

|

20 days ago

blog

Orbs, a pioneering layer 3 project, is thrilled to announce a strategic investment in Fenix Finance, an emerging decentralized exchange (DEX) on the Blast network. Leading a $300K seed round, Orbs underscores its commitment to fostering innovation and expanding the capabilities of its cutting-edge layer 3 technology within the DeFi ecosystem.

This substantial investment marks a significant milestone for both Orbs and Fenix Finance. By supporting Fenix Finance, Orbs aims to bolster the development and enhancement of the platform, positioning it as a formidable player in the Blast ecosystem. Fenix Finance, with its innovative approach and experienced team, is set to revolutionize the trading experience for its users on the Blast network.

About Fenix Finance

Fenix Finance is an up-and-coming DEX on the Blast network, dedicated to revolutionizing the trading experience for its users. The platform aims to provide ongoing access to a broader spectrum of liquidity sources, enhancing the overall trading experience. With a streamlined user interface and robust technology, Fenix Finance is well-positioned to become a key player in the DeFi space.

The Future of Orbs and Fenix Finance

The strategic alliance between Orbs and Fenix Finance is set to drive the evolution of decentralized finance forward. Fenix plans to integrate Orbs' layer 3 technology, including Liquidity Hub. This integration will offer Fenix Finance users enhanced security, efficiency, and access to liquidity. As both entities continue to collaborate and innovate, the future promises exciting developments that will further empower users and contribute to the growth of the decentralized ecosystem.

Orbs has recently made strategic investments in several promising projects, including THENA, Harris & Trotter Digital Assets, Intent, Symmio, and others not listed, showcasing its commitment to advancing both DeFi and more traditionally focused web3-related startups.

About Orbs

Orbs is designed specifically for advanced on-chain trading. It optimizes on-chain trading with aggregated liquidity, advanced trading orders, and decentralized derivatives, enabling a DeFi trading experience that is as efficient as CeFi. These decentralized protocols include dLIMIT, dTWAP, Liquidity Hub, and Perpetual Hub.

The project's core team comprises more than thirty dedicated contributors from Tel Aviv, London, New York, Tokyo, and Seoul.

For more information, please visit www.orbs.com, or join our community at:

We use cookies to ensure that we give you the best experience on our website. By continuing to use our site, you accept our cookie policy.