Quickswap will implement Orbs’ perpetual futures infrastructure following a community vote that achieved 81.8% approval from QUICK token holders.
This decision marks a significant transition for Quickswap, which will now utilize Orbs’ Perpetual Hub Ultra 2.0 as its default system across all supported blockchain networks. The integration aims to enhance execution quality and liquidity, positioning the decentralized exchange to more effectively compete with centralized platforms.
Prior to this change, Quickswap operated on the Orderly-powered Falkor deployment on Polygon PoS. The new system is designed to provide a comprehensive perpetual futures stack, including execution, settlement, and liquidation, without relying on third-party services. Liquidity will be accessible immediately through integrated routing across multiple venues.
With more than 1.12 billion ORBS staked, Orbs has established itself as a solid Layer 3 network. The collaboration between Quickswap and Orbs has been ongoing for years, and this latest upgrade is expected to further enhance the exchange's offerings, including features like dTWAP and dLIMIT.
Ran Hammer, vice president of business development at Orbs, emphasized that this upgrade represents a new phase for decentralized derivatives, asserting that the community vote reflects a readiness for decentralized markets to compete with traditional finance.
This material is for informational purposes only and is not financial advice.
