Ionex Integrates Orbs’ Perpetual Hub Ultra to Power Institutional-Grade Perpetual Futures on Plasma

  • With this collaboration, DEXs looking for plug-and-play perpetuals infrastructure to increase their trading capabilities may now turn to Orbs’ Layer-3 technology.
  • Developed in partnership with Symm.io, Perpetual Hub Ultra is based on Orbs’ Layer-3 infrastructure.

The integration of Perpetual Hub Ultra, powered by Orbs, to provide institutional-grade perpetual futures trading to Plasma has been announced by Ionex, a newly launched decentralized exchange (DEX) by DefiZoo. With this collaboration, DEXs looking for plug-and-play perpetuals infrastructure to increase their trading capabilities may now turn to Orbs’ Layer-3 technology.

Through a fully managed, modular perps stack, Orbs’ Perpetual Hub Ultra gives Ionex users access to deep liquidity, adaptable leverage, and effective execution. After many successful Perpetual Hub deployments, the integration represents yet another milestone in Orbs’ expanding ecosystem and solidifies Orbs’ position as the industry’s top decentralized infrastructure for turnkey derivatives in DeFi.

“Perpetual Hub Ultra makes it possible for any DEX to offer customized, high-performance perps trading experience, with full white label stack out of the box” said Ran Hammer, Vice President of Business Development at Orbs. “By integrating with Ionex, we are enabling a new standard for decentralized markets that rivals centralized trading in both speed and efficiency.”

Developed in partnership with Symm.io, Perpetual Hub Ultra is based on Orbs’ Layer-3 infrastructure. It offers DEXs all the tools they need to start a high-performance perps platform, including professional-grade user interfaces, liquidation, hedging, and oracles. Ultra allows liquidity routing from both onchain and offchain sources, including significant centralized exchanges like Binance, and is built for scalability and capital efficiency. This eliminates the need for intricate integrations or specific chains and enables DEXs and aggregators to provide deep execution.

A new generation of decentralized trading venues can now compete with centralized exchanges in terms of performance, flexibility, and user experience thanks to Perpetual Hub Ultra, which applies the same approach to perps as intent-based trading continues to rule decentralized spot markets.

Ionex is more than just a DEX since it runs totally on Plasma. It is a trading hub and liquidity marketplace that provides easy token swaps, $INX incentives for liquidity, and DAO-driven governance for emission control. The MetaDEX feature of the platform combines the spot and perpetual markets into a single, safe trading experience. Its central component is the MetaPerp, a brand-new class of self-custodial perpetuals driven by Orbs’ Perpetual Hub that provides CeFi-grade performance with fills that take less than 100 ms and leverage of up to 60×.

Orbs’ position as the top supplier of Layer-3 decentralized trading infrastructure is strengthened by the integration of Perpetual Hub Ultra with Ionex, which speeds up the transfer of intricate financial products to the blockchain.

Based on Plasma, Ionex is a decentralized trading hub and liquidity marketplace. With its MetaDEX and MetaPerp modules, Ionex—which was created by DefiZoo—unifies spot and perpetual markets and provides CeFi-grade execution with fills that take less than 100 ms and leverage of up to 60×. The platform uses a tri-token paradigm of $INX, veINX, and oINX to encourage community involvement, aggregate solver liquidity, and guarantee zero-fee USDT transactions.

Source: https://thenewscrypto.com/ionex-integrates-orbs-perpetual-hub-ultra-to-power-institutional-grade-perpetual-futures-on-plasma/