• Orbs has announced that its dLIMIT and DCA protocols have been integrated into leading multi-chain DEX, Sushi
• This new integration gives users access to advanced order types, including the ability to spread their orders over a longer period of time, regardless of the current price.

Layer 3 blockchain Orbs has announced that its dLIMIT and DCA protocols have been integrated into SushiSwap, a leading multi-chain DEX.

The introduction of these new protocols will give Sushi users access to advanced order types, including the ability to spread their orders over time, regardless of the current price. This method is ideal for minimizing risk by avoiding the pitfalls of market timing.

dLIMIT works as a decentralized protocol that allows traders to place limit orders on-chain. Limit orders allow you to set a specific price at which you want to buy or sell a token. Your order will only be executed if the market reaches your desired price, or you can simply choose options such as +1%, +5%, or +10% above your target. Additionally, you can set an expiration date for your order, giving you full control.

When selecting a Limit swap on Sushi, users are presented with an easy-to-follow user interface, along with an order history tab to keep track of past and current open orders. 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 costs.

Additionally, Sushi has integrated DCA from Orbs, which enables the execution of this popular algorithmic trading strategy that uses time-weighted average price orders. When placing a DCA order on Sushi, the user specifies both the frequency of trades and the desired number of individual trades.

The introduction of Limit and DCA orders allows Sushi users to set up highly customized swaps. They allow users to implement dollar cost averaging (DCA) to gradually build a position in a desired token. They can also set limit orders that will only execute individual trades if they fall within the defined price limit.

Sushi’s integration of dLIMIT and DCA follows similar implementations by EVM DEXs including PancakeSwap, QuickSwap, and Thena. The growing adoption of these technologies in the multi-chain DEX space solidifies Orbs’ position as a leader in DeFi innovation, while showcasing its layer 3 technology that brings CeFi-level execution to DeFi.

SushiSwap’s native token, $SUSHI, saw a modest rally following Orbs’ announcement, rising around 4%.