2024 – Page 16 of 176 – InvestingCube

In the ever-evolving world of decentralized finance, partnerships are often the key to unlocking transformative growth. Such is the case with Orbs, the leading Layer-3 blockchain infrastructure provider, and THENA, the rising liquidity protocol on BNB Chain. Together, they’ve demonstrated how strategic collaboration can elevate DeFi to new heights. From native integrations to milestone achievements including a Binance listing, the partnership between Orbs and THENA is rewriting the playbook for DeFi success. Orbs’ conviction that THENA was something more than just another DEX has been richly rewarded as the BNB Chain project has risen to new heights in 2024. From Partners to Investors The partnership began in early 2023, when Orbs identified THENA as a promising decentralized exchange (DEX) built on ve(3,3) mechanics. Recognizing THENA’s potential to reshape liquidity provision on BNB Chain, Orbs provided a $600,000 strategic investment and introduced its suite of advanced Layer-3 trading solutions. Orbs’ technologies, such as dTWAP for automated order execution and dLIMIT for precision trading, were among the first integrations. These tools gave THENA users access to functionality that rivals centralized exchanges, creating a seamless trading experience. The partnership didn’t stop there. Orbs also deployed its Liquidity Hub, delivering features like MEV protection, aggregated liquidity, and gasless transactions. THENA’s offerings expanded further in 2024 with the addition of Orbs’ Perpetual Hub, enabling leverage trading with reduced collateral requirements. These integrations transformed THENA into a universal DeFi hub, offering cutting-edge trading solutions for all types of users. From BNB Chain to Binance Listing The partnership’s success was underscored in November 2024 when THENA achieved a major milestone, listing on Binance, the world’s largest cryptocurrency exchange. This achievement was not just a testament to THENA’s growth but also to the robust foundation laid by its collaboration with Orbs. The listing followed a Binance airdrop campaign that drew significant attention to THENA, culminating in its native token reaching an all-time high. The move also strengthened THENA’s market presence, establishing it as a key player in the DeFi space. “THENA’s success shows what true partnership and focus can achieve in DeFi,” said Ran Hammer, VP of Business Development at Orbs. “By integrating Orbs' tech and supporting their vision with strategic investment, we’ve helped set a new standard for on-chain trading. The THENA team’s dedication to the Binance ecosystem has been incredible, and we’re proud to be part of their journey.” Delivering Liquidity Through Layer-3 At the core of Orbs’ contribution is its innovative Layer-3 infrastructure. Unlike traditional blockchain layers, which often struggle with scalability and functionality, Orbs enhances the capabilities of existing chains without requiring liquidity to move onto a new network. By operating as a decentralized backend, Orbs provides CeFi-level execution in a fully decentralized environment. Its omnichain compatibility ensures that both EVM and non-EVM ecosystems can benefit from advanced trading tools, making it a crucial player in the future of DeFi. For THENA, these technologies have been transformative. The integration of Orbs’ tools has allowed it to overcome challenges like liquidity fragmentation, enabling it to compete with larger DEXs while maintaining its innovative edge. THENA’s Breakout Year In addition to technical integrations, Orbs has played a pivotal role in THENA’s global expansion. From organizing community meetups in Seoul to showcasing THENA’s technology at high-profile events like Token2049 Singapore, Orbs has helped THENA build a strong international presence. This targeted approach has not only grown THENA’s user base but also reinforced its reputation as a leader in DeFi innovation. With a growing presence in Asia and beyond, THENA is poised to capitalize on its momentum in the coming years. Looking ahead, both Orbs and THENA are committed to driving further innovation within the DeFi space. For THENA, this means continuing to expand its offerings on BNB Chain while leveraging Orbs’ infrastructure to deliver advanced trading features. For Orbs, the focus remains on enhancing its Layer-3 solutions to support a broader range of DeFi applications. With its unique ability to provide deep liquidity and advanced trading tools, Orbs is setting the standard for what’s possible in liquidity provision coupled with shrewd investment.