Revolutionizing Institutional Onchain Perpetual Futures with Orbs and Gryps
Introducing a New Era in Derivatives Trading on the Sei Network
Orbs, renowned for its innovative Layer 3 blockchain technology, has announced a significant advancement in the world of decentralized finance. Gryps, leveraging Orbs’ state-of-the-art Perpetual Hub Ultra, is set to transform the Sei Network by introducing institutional-grade onchain perpetual futures trading. This development marks a pivotal step in expanding access to sophisticated derivatives infrastructure, which is engineered to ensure execution certainty, optimize capital efficiency, and maintain precise risk management.
Seamless Integration with Orbs’ Layer-3 Infrastructure
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As revealed on January 27, Gryps’ integration with Orbs’ cutting-edge infrastructure, alongside Symmio’s advanced smart contract system, enables the deployment of a comprehensive perpetuals stack on the Sei Network. This strategic move empowers Gryps to deliver crucial components such as hedging, liquidation, oracle pricing, and professional trading interfaces without the necessity to construct a complex backend system from scratch.
Advancing Derivatives Trading on the Sei Network
Specially designed for perpetual futures, Gryps is not just another DeFi application but a robust trading infrastructure. This integration grants users access to intent-based execution, streamlined by Orbs’ infrastructure, to enhance capital efficiency and ensure execution precision, even amidst market fluctuations.
Ran Hammer, Chief Business Officer at Orbs, expressed, “This integration exemplifies how sophisticated onchain derivatives infrastructure can be implemented to satisfy the operational demands of professional traders. By incorporating Perpetual Hub Ultra, Gryps delivers top-tier perpetuals trading on Sei, employing a modular, turnkey stack that emphasizes execution excellence and predictable risk.”
Enhancing Capabilities with Perpetual Hub Ultra
Orbs’ Perpetual Hub Ultra builds upon previous iterations of its platform, already operational across various decentralized trading venues. The Ultra version amplifies these capabilities by enabling platforms to channel liquidity from both onchain and offchain sources, including centralized exchanges, while preserving onchain settlement and execution.
Competing with Centralized Exchanges
This integration bolsters Orbs’ comprehensive perpetuals infrastructure, designed to empower decentralized venues to rival centralized exchanges in terms of performance and user experience, all while remaining fully onchain. This strategic enhancement positions Orbs and Gryps as frontrunners in the ever-evolving landscape of decentralized finance.
