ORBS introduced TWAP for DEXes. TWAP stands for Time Weighted Average Price protocol for DEX and AMMs.
Orbs pioneers the concept of L3 infrastructure , by utilizing Orbs’ decentralized network to enhance the capabilities of existing EVM smart contracts. Using Orbs validators as decentralized bidders. The project is introducing a new decentralized TWAP (Time Weighted Average Price) protocol for DEX/AMMs. It allows advanced time-spread trades to be executed on these platforms in a decentralized manner. Intro to TWAP & Use-cases TWAP (Time-Weighted Average Price) is common algorithmic trading. Executing strategy in CeFi that seeks to minimize a large order’s impact on the market. Dividing it into a number of smaller trades. Executing these trades at regular intervals over a specified period of time. There are two primary benefits of utilizing TWAP trading strategies. 1. Price Impact Reduction TWAP strategies reduce the impact of an order on the general market price. One scenario where price impact causes significant losses to traders is with large orders. Nonetheless, even sm...