SpookySwap and THENA Integrate Orbs’ Perpetual Hub Ultra, What’s the Project?

Jakarta, Pintu News – Two highly active decentralized exchanges, SpookySwap and THENA, recently announced the launch of on-chain perpetual trading by integrating Orbs’ Perpetual Hub Ultra.

Both platforms now offer leverage of up to 60x for over 300 trading pairs.

This move marks important progress for both DEXs, with SpookySwap operating on Sonic and THENA on BNB Chain, being the first to adopt Orbs’ enhanced Layer-3 protocol.

Check out the full information below!

Integration with Perpetual Hub Ultra

Perpetual Hub Ultra, which is the latest version of Orbs, has processed over $2.2 billion in trading volume. This “Ultra” version is designed to help DEXs introduce perpetual markets quickly without sacrificing performance or decentralization.

SpookySwap and THENA are not new to working with Orbs, as they have previously integrated Orbs’ dLIMIT and dTWAP tools to support their spot trading systems.

With Perpetual Hub Ultra, both exchanges are now expanding into leveraged-traded derivatives, equipped with intent-based execution and external liquidity routing. Users on Sonic can access these perpetual markets through SpookySwap, with the entire process powered by the Orbs modular system.

Also read: BTC, ETH, and XRP Price Predictions for Early August 2025, Bullish or Bearish?

Features and Infrastructure

In THENA, the same setup has been launched on the BNB Chain, allowing its users to trade over 300 pairs backed by Orbs. This includes tokens such as $PUMP, which are not normally available on BNB.

The system operates using Orbs infrastructure combined with Symm.io smart contracts, ensuring smooth execution and strong liquidity. Ran Hammer, Chief Business Officer of Orbs, expressed his excitement to see SpookySwap and THENA quickly integrate Perpetual Hub Ultra with full support from Orbs.

This integration brings powerful on-chain primitives to the Sonic and BNB Chain ecosystems allowing DEX users access to perpetual markets with deep liquidity and support for hundreds of assets.

Read also: BNB Reaches ATH, Can it Touch $1,000 in the Near Future?

Future Benefits and Potential

By eliminating the need for native liquidity pools and using an intent-based design, the Orbs system can help DEXs scale faster and increase volume without adding infrastructure burden.

Along with the launch of Perpetual Hub Ultra in more EVM chains, it will provide access to decentralized, secure, and fully customizable perpetual trading to meet the needs of leading DEXs.

The ability to trade with high leverage in a highly liquid and decentralized market offers great opportunities for traders and investors in the crypto ecosystem. With advanced technology and effective collaboration, SpookySwap and THENA are poised to redefine the way derivatives trading is done in the crypto world.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Crypto Times. SpookySwap and Thena Enable 60x Leverage Trading. Accessed on July 29, 2025
• Featured Image: Metaverse Post