Decentralized crypto exchange SushiSwap now supports layer-3 protocols on Orbs, introducing new order types, including the ability to spread out orders over time.

SushiSwap, a decentralized exchange and automated market maker, has integrated layer-3 Orbs’ dLIMIT and DCA decentralized protocols into its platform, providing users with new tools for managing trades.

In an Aug. 20 press release, Orbs announced that with the integration of the dLIMIT protocol, SushiSwap traders can now place limit orders directly on a blockchain network. This allows users to set specific buy or sell prices, with trades executing only when market conditions match those parameters. The feature also includes options to customize order execution and track trades through an order history tab.

Trades are only executed when the available market price is equal to or better than the Limit price. dLIMIT takes into account current market conditions, prices, and gas fees.

Orbs Brings New DeFi Features to SushiSwap

Alongside dLIMIT, SushiSwap has also added support for Orbs’ DCA protocol, which allows traders to implement “time-weighted average price orders.” This feature enables users to specify the frequency and number of trades, making it possible to gradually build a position in a desired token.

Orbs, operating on a proof-of-stake consensus algorithm, aims to enhance decentralized finance (DeFi) functionalities by acting as an intermediary layer. In 2023, Orbs raised $10 million through the sale of its native tokens to DWF Labs and has been expanding its services across multiple blockchain networks, including Ethereum, Polygon, and the Open Network.

In July, the project launched its liquidity hub, Fenix Finance, on the Blast-based decentralized exchange protocol, aimed at improving liquidity and capital efficiency for its users. Following the integration announcement, the price of the ORBS token increased by over 5% to $0.025.

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