Orbs’ dLIMIT and DCA protocols are now integrated into SushiSwap

Orbs' dLIMIT and DCA protocols are now integrated into SushiSwap


Orbs stated that the dLIMIT and DCA protocols have been integrated in the multi-chain DEX, Sushi. This new integration allows users to access advanced order types, including the ability to spread their orders over time regardless of the current price.

Layer 3 blockchain, Orbs, dLIMIT and DCA protocols have been integrated with SushiSwap's leading multi-chain DEX.

The introduction of these new protocols will allow Sushi users to access advanced order types, including the ability to distribute their orders over time regardless of the current price. This method is suitable for reducing risk by eliminating market timing risks.

dLIMIT works as a decentralized protocol that allows traders to place limit orders on-chain. Limit orders allow you to set a specific price at which you want to buy or sell a token. Your order will only be executed if the market meets your desired price, or you can simply choose options such as +1%, +5% or +10% above your target. Additionally, you can set an expiration date for your order, giving you complete control.

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When choosing Limit Swap on Sushi, users are presented with an easy-to-follow user interface with an Order History tab to track past and current open orders. Trades are executed only when the prevailing market price is equal to or better than the limit price. dLIMIT takes into account current market conditions, prices and gas charges.

Additionally, Sushi has integrated DCA with Orbs to enable execution of this popular algorithmic trading strategy that uses time-weighted average price orders. When placing a DCA order on Sushi, the user specifies the frequency of the trades and the number of individual trades required.

The introduction of Limit and DCA orders gives Sushi users the power to set up highly customized swaps. DCA (Dollar Cost Averaging) allows users to gradually build a position in the desired token. You can place limit orders that only execute individual transactions if they are within a certain price range.

Sushi's integration of dLIMIT and DCA follows similar deployments by EVM DEXs including PancakeSwap, QuickSwap and Thena. The growing presence of these technologies in the multi-chain DEX environment reinforces Orbs' position as a market leader in DeFi innovation and is bringing its Layer 3 technology to DeFi with SeFi-level performance.

SushiSwap's native token, $SUSHI, enjoyed a modest rally after the Orbs announcement, rising around 4%.

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