Orbs, a Layer-3 blockchain infrastructure provider focused on on-chain trading, has unveiled Perpetual Hub Ultra 2.0, a comprehensive protocol designed to allow trading venues to deploy white-label perpetual futures exchanges with minimal complexity. The new solution bundles execution, settlement, pricing, liquidation, hedging, and a customizable trading interface into a single stack running on Orbs’ Layer-3 network, eliminating the need for multiple third-party providers.
At its core, a Trusted Execution Environment (TEE) serves as the execution engine, processing trades, position updates, and liquidations while enabling remote attestation to verify that logic remains unaltered. Pricing flows from a signed mark price feed inside the TEE, cryptographically secured with EIP-712 and committed on-chain through a rollup contract. A unified Merkle tree stores user positions, balances, and pending orders, aiming to combine off-chain speed with on-chain transparency.
The protocol integrates a shared liquidity pool that connects to centralized exchanges like Binance USD-M Futures and a growing array of on-chain perpetual markets, providing tighter spreads and deeper order books. A real-time liquidation engine monitors solvency via a cross-margin risk model, while approved hedgers manage external market exposure.
Alongside the backend, Orbs offers a white-label interface built on TradingView charts, supporting market/limit orders, stop-loss/take-profit, bracket orders, one-click trading, account abstraction, and gasless transactions—all with self-custody.
QuickSwap, an existing Orbs partner, has already approved a governance proposal to adopt Perpetual Hub Ultra 2.0 as its default perpetual futures infrastructure across all chains, replacing Orderly on Polygon. Orbs expects further venues to join the network, which could strengthen the protocol through shared infrastructure and liquidity. This launch expands Orbs’ DeFi trading suite, which already includes dLIMIT, dTWAP, Liquidity Hub, and dSLTP.
