PancakeSwap expands advanced trading tools to Arbitrum, Linea, and Base

CoinMarketCap
02-06

PancakeSwap has expanded its advanced trading features to Arbitrum, Linea, and Base.

PancakeSwap was able to accomplish these features on Arbitrum (ARB), Linea, and Base by integrating Orbs’ dLIMIT and dTWAP protocols, according to a note shared with crypto.news.

These tools, previously available only on BNB (BNB) Chain, enhance order execution for traders using the decentralized exchange.

dLIMIT allows users to set specific execution prices, ensuring trades only go through under predetermined conditions. dTWAP breaks large trades into smaller transactions over time, helping to reduce market impact. 

These features, commonly used in centralized finance, are now accessible to decentralized finance traders across multiple networks.

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Updated technology

Orbs’ Layer 3 technology supports these advanced order types through a system of permissionless validators and a Proof-of-Stake consensus mechanism.

The expansion brings PancakeSwap in line with other decentralized exchanges like QuickSwap and SpookySwap, which have also adopted Orbs-powered protocols.

PancakeSwap processes significant trading volume across multiple blockchains, recording $54 billion in transactions last month, according to the platform.

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