In a recent blog post we announced that Orbs is now available on Solana, using Solana’s Wormhole cross-chain bridge.
After bridging the ORBS token into Solana, the next step is to integrate it with Solana’s leading DeFi ecosystem - one of the most exciting DeFi ecosystems in the crypto-verse at the moment.
Raydium is an automated market maker (AMM) built on the Solana blockchain which enables lightning-fast trades, shared liquidity and new features for earning yield.
Raydium leverages the efficiency of the Solana blockchain to achieve faster and cheaper transactions. In addition, Raydium shares the central order book of the Serum DEX, meaning that Raydium allows access to the order flow and liquidity of the entire Serum ecosystem.
Raydium has a Total Value Locked of over $2B, with daily trading volume exceeding $250M.
There is currently one Orbs pool on Raydium for ORBS-SOL, with a total liquidity of ~$57K.
With this first major integration into Solana, Orbs is now live on all five major chains: Ethereum, BSC, Polygon, Avalanche and Solana!
Solana is the fifth Layer-1 blockchain infrastructure integration, with Raydium serving as the first major platform.
Solana is emerging as a leading layer-1 blockchain infrastructure project, quickly closing the gap with the current market leaders. As such, Orbs is excited to start its journey on the Solana network, exploring the possibilities and opportunities it presents. Expect more news soon!
For the latest updates, join the official Orbs Telegram group.
Use of the Raydium, Wormhole, Serum DEX and the other platforms and services described above carries significant risk. Such risks may include lack of stability or other technical issues resulting from upgrades of the Solona blockchain to a new version or the launch of its non-beta MainNet. Digital assets, decentralized finance products are, by their nature, highly risky, experimental and volatile. Such platforms and services may be subject to security and economic risks and exploits and transactions may be irreversible, final and without refunds. Such use carries risk of substantial losses.
Any use of any platform, application and/or services described above is at your own risk and you are solely responsible for all transaction decisions. You should do your own research and independently review any third-party services and platforms and any applicable information terms, conditions or policies applicable to such platforms and services.