Orbs, a Layer-3 blockchain infrastructure, has recently introduced Perpetual Hub, aiming to transform the on-chain futures market with an intent-based strategy. This initiative, detailed in a release shared with Coinspeaker, is poised to empower traders with resources for maximizing the benefits of on-chain perpetual trading.

The launch of Orbs Perpetual Hub, in collaboration with SYMMIO and IntentX, marks a significant advancement in the DeFi landscape. Leveraging Orbs' advanced blockchain technology, the Perpetual Hub facilitates on-chain futures trading within a reliable and sophisticated framework.

Comprising three key components—Hedger, Liquidator, and Price Oracle—the Perpetual Hub provides essential functionalities. The Hedger serves as a market maker, leveraging SYMM's frontend to offer liquidity and access external liquidity sources. Meanwhile, the Liquidator enables users to close positions when collateral values drop below maintenance thresholds. The Price Oracle ensures accurate pricing, crucial for seamless trading operations.

Overall, the Perpetual Hub aims to enhance trust in on-chain perps trading and boost Total Value Locked (TVL) in on-chain derivatives, optimizing everything from pricing to order execution.

Additionally, Orbs has announced its latest upgrade, Orbs V4, focusing on efficiency and robustness to meet increasing demand. CEO Nadav Shemesh emphasizes the importance of staying at the forefront of Layer-3 infrastructure, reflecting Orbs' ongoing efforts to lead the industry. This upgrade follows the introduction of Orbs 3.0 and is part of the platform's continued evolution.

Moreover, Orbs' collaboration with IntentX, integrating the Liquidity Hub into its platform, demonstrates its commitment to expansion. With the launch of Perpetual Hub and automated rollout processes for Guardian nodes, Orbs aims to further grow its TVL, currently standing at $3.4 billion.