Fenix Finance operates a decentralized exchange on the Blast network focused on delivering capital-efficient trading for users. Its DEX interface has integrated the Orbs Liquidity Hub, a layer that aggregates on- and off-chain liquidity to reduce slippage, lower fees, protect against MEV, and enable gas-free transaction executions while preserving the existing user experience. The integration is intended to deepen available liquidity on the Blast DEX and improve trade execution quality; if the Liquidity Hub cannot execute a trade at a better price it reverts to the AMM contract. Orbs’ deployment on Fenix is the Liquidity Hub’s fifth on EVM DEXs and the first deployment on the Blast network. The article notes prior Orbs activity including a Q1 2024 deal with IntentX and frames the partnership as mutually beneficial for expanding L3 capabilities and improving Fenix’s trading engine. Financially, Fenix completed a $300,000 seed investment round led by Orbs to support its goals around capital efficiency and deeper liquidity.

Total raised

$0M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2024