Orbs Celebrates Significant Milestones After THENA Investment, Including Binance Listing
Orbs is a top three-tier blockchain infrastructure provider reached Important milestones for the BNB Chain liquidity protocol, including the listing of Binance after investing in THENA, led to a new peak in liquidity.
Over the past year, THENA has greatly benefited from Orbs’ suite of advanced Layer-3 trading solutions, including integrations with dTWAP, dLIMIT, Liquidity Hub and Perpetual Hub. These technologies enable THENA to provide efficient trade execution, powerful liquidity management and innovative sustainable trading capabilities.
In addition to providing the infrastructure to support THENA’s growth, Orbs has provided investment to develop its roadmap following a strategic investment of $600,000 in 2023. It is worth noting that Orbs’ investment in marketing and technology has increased THENA’s visibility on the BNB chain, allowing it to expand market share.
The rise of THENA as a promising Defi protocol
Orbs identified THENA as a promising DeFi protocol in March 2023. The addition of Orbs Liquidity Hub improves trading efficiency, providing MEV protection, aggregated liquidity and gas-free trading.
Orbs launched Perpetual Hub to THENA in July 2024, allowing users to participate in leveraged trading with lower collateral requirements. These integrations significantly expand THENA’s product range and establish it as a universal DeFi hub on the BNB chain.
Market coverage continues to expand
In addition, Orbs supports THENA in expanding its market reach through targeted campaigns and strategic introductions. In November 2024, THENA achieved an important milestone when it was listed on Binance. Previously, Binance’s airdrop campaign drove increased user interest, pushing THENA’s native token to an all-time high.
THENA’s price currently stands at $2.70, down 8% in the past 24 hours. In the week since Binance announced the listing, the coin has surged 1,200%.
“THENA’s success demonstrates what true partnership and focus can achieve in DeFi. By integrating Orbs’ technology and supporting their vision with strategic investments, we are helping to set a new standard for on-chain trading. The THENA team is excited about Binance The dedication of the ecosystem is incredible and we are proud to be a part of their journey!” said Ran Hammer, Vice President of Business Development at Orbs.
Furthermore, Orbs and THENA remain firmly committed to promoting DeFi innovation. THENA continues to prioritize development within the BNB chain ecosystem, leveraging Orbs’ infrastructure to deliver cutting-edge trading capabilities and expand its market share.
