ORBS Unveils Perpetual Hub: A Novel On-Chain Perpetual Futures Trading Solution

IconCryptoNewsTerminal Staff30 May, 2024

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ORBS Unveils Perpetual Hub: A Novel On-Chain Perpetual Futures Trading Solution

ORBS, an innovative Israeli blockchain project, has unveiled Perpetual Hub, an on-chain perpetual futures trading solution. This ground-breaking solution is the result of a strategic collaboration between ORBS, OTC derivatives platform SYMMIO, and trading service provider IntendX. Perpetual Hub leverages the power of blockchain technology to provide traders with a seamless and secure platform for perpetual futures trading. Unlike traditional futures contracts, which have fixed expiry dates, perpetual futures contracts allow traders to maintain positions indefinitely. This eliminates the need for frequent contract rollovers and enables traders to capture longer-term market trends. Perpetual Hub incorporates advanced features designed to enhance the trading experience. It offers a user-friendly interface, real-time market data, and sophisticated risk management tools. The platform's on-chain infrastructure ensures transparency and immutability, providing traders with confidence in the integrity of their trades. The launch of Perpetual Hub marks a significant milestone in the evolution of decentralized finance. It brings the benefits of on-chain trading to the world of perpetual futures, opening up new possibilities for traders and investors alike.