The post Orbs Celebrates Significant Milestones After THENA Investment, Including Binance Listing appeared first on Coinpedia Fintech News
Orbs, a top Layer-3 blockchain infrastructure provider, has achieved significant milestones in the BNB Chain liquidity protocol, including the Binance listing, following its investment in THENA, which has led to new peaks in liquidity.
Over the past year, THENA has greatly benefited from Orbs’ suite of advanced Layer-3 trading solutions, including integrations of dTWAP, dLIMIT, Liquidity Hub, and Perpetual Hub. These technologies have enabled THENA to deliver efficient trading execution, robust liquidity management, and innovative perpetual trading features.
Apart from providing the infrastructure to support THENA’s growth, Orbs has also provided the investment to build its roadmap following a strategic $600,000 investment in 2023. Notably Orbs’ input in marketing and technical aspects has boosted THENA’s visibility on BNB Chain enabling it to grow its market share.
The Rise of THENA As A Promising Defi Protocol
Orbs identified THENA as a promising DeFi protocol in March 2023. The inclusion of Orbs Liquidity Hub enhanced trading efficiency, offering MEV protection, aggregated liquidity, and gasless transactions.
Orbs introduced its Perpetual Hub to THENA in July 2024, which enabled users to participate in leverage trading with reduced collateral requirements. These integrations significantly expanded THENA’s product offerings and placed it as a universal DeFi hub on BNB Chain.
Rising Market Reach
Furthermore, Orbs has also supported THENA in expanding its market reach through targeted campaigns and strategic introductions. In November 2024, THENA achieved a significant milestone with Binance listing. Previously, a Binance airdrop campaign fueled an increase in user interest which propelled THENA’s native token to an all-time high.
THENA’s price is currently at $2.70, marking an 8% dip in the past 24 hours. The token has surged by 1,200% over the week following Binance listing announcement.
“THENA’s success shows what true partnership and focus can achieve in DeFi. By integrating Orbs’ tech and supporting their vision with strategic investment, we’ve helped set a new standard for on-chain trading. The THENA team’s dedication to the Binance ecosystem has been incredible, and we’re proud to be part of their journey. This is just the start!” remarked, Ran Hammer, VP of Business Development at Orbs.
Going further, Orbs and THENA remain firm in their commitment to drive DeFi innovation. THENA continues to prioritize its development within the BNB Chain ecosystem, leveraging Orbs’ infrastructure to deliver cutting-edge trading features and expand its market presence.
