To overcome restrictions related to token fragmentation across liquidity providers, Orion Protocol unites centralized and decentralized exchanges with their respective tokens. Although with exchanges like OKX, Binance, AscendEX, and KuCoin, a high-grade controlled exchange develops a liquidity basis on Orion. The major DEXs have now been successfully merged with the market specialists Uniswap and PancakeSwap, according to the Orion developers.
Through the incorporation of the best decentralized exchanges and the emergence of numerous new coins, Orion Protocol had established a landmark. By bringing together the largest CEXs and DEXs onto one platform for the first time, it has achieved a feat unlike any other.
Orion Protocol has demonstrated its capacity to introduce the integration of the leading exchanges and tokens without opening a new account or utilizing a centralized wallet by integrating each automated market liquidity provider. To enable scalable trading and give customers access to various trade sources on a single platform, this partnership reduced the time limit for DeFi swaps.
The only two premier DEX exchanges in the crypto industry were Uniswap and PancakeSwap. However, the fragmentation criteria that they use to set the boundaries for the best price discovery for bitcoin exchanges have certain negative effects on the platform's development. Orion found a solution by assembling the many liquidity sources into a single orderbook at the best user pricing.