Orbs’ flagship technologies have gained massive adoption in recent months, with the trend set to continue thanks to Kodiak Finance’s recent integration. dTWAP and dLIMIT enhance the trading experience for traders and are now coming to Berachain.
Kodiak Finance Integrates Orbs’ dTWAP and dLimit
Kodiak Finance, the native liquidity platform for Berachain, announced on Thursday, October 16th, that it has integrated two of Orbs’ flagship technologies to enhance the trading experience.
In a press release shared with Cryptowisser, the team said Orbs’ dTWAP and dLIMIT protocols have been added to Kodiak, bringing institutional-grade trading strategies to Berachain users. Orbs is a decentralized Layer-3 (L3) blockchain designed specifically for advanced onchain trading.
This latest development comes as Orbs’ dTWAP and dLIMIT protocols have gained massive adoption in recent months. Kodiak’s integration with dTWAP and dLIMIT provides its users with access to powerful new trading features.
These two protocols bring CEX-level execution to Kodiak’s DEX, boosting the $4B+ in swap volume it’s processed to date.
dTWAP is an interesting feature as it allows large trades to be split into multiple smaller orders executed at regular time intervals, reducing price impact and slippage. This feature is an ideal one for whales looking to execute large orders without capturing attention or impacting profitability. dTWAP also makes it easier to execute a DCA strategy by allowing timed buys in order to build up a position in a particular asset.
The second protocol, dLIMIT, will allow Kodiak users to specify the price at which they wish to buy or sell a token, rather than executing the order immediately at market price. This allows for more sophisticated trading strategies to be implemented, bringing CEX-style trading to Berachain’s decentralized network.
dTWAP and dLIMIT Provide Flexibility to Traders
Kodiak added that dTWAP and dLIMIT provide flexibility in customizing orders on its platform, allowing traders to factor in such variables as market conditions and current gas fees.
The Kodiak UI supports both dTWAP-market orders, which execute all trades at the available market price, and dTWAP-Limit orders, which only execute individual trades if they are within the price limit set by the user.
This latest development comes roughly two weeks after Omni Exchange integrated Orbs’ dTWAP and dLIMIT protocols on Base, enhancing its execution capabilities for traders.
Other platforms that recently integrated dTWAP and dLIMIT include: ArbiDEX and BasSwap, Tea-Fi, and PancakeSwap.