Orion Protocol is a complete Blockchain assets exchange and investment network that consolidates trading, portfolio management, and wallet support. It provides accessibility to the advantageous features of centralized and decentralized exchanges, brokerages, and instantaneous trading apps.
The project is enabled by a liquidity aggregator which connects to all exchanges. The Protocol comprised of a nuclear order balancing transformer that features a variety of decentralized apps (dApp), price feeds, Cryptocurrency guides, a portfolio manager, a multi-currency wallet, and a distributed liquidity pool all connected.
More so, the Orion terminal smoothly combines several deep liquidities from all paramount exchanges, both centralized and decentralized to accommodate vibrant trading and swapping devices with all trading pairs in one comfortable location. Orion believes your private keys give you control over your funds, and therefore, you do not surrender your keys when using the platform.
Whenever you are using the platform, all you need to do is to connect your wallet and accomplish your order over any exchange, although you might not have accounts there saving you time and money. With the aggregation, traders get the opportunity to buy and sell any digital assets at the best possible price in one order book.
Orion pride itself as having the lowest fees, zero spread and slippage in the virtual assets exchange market. These elements are crucial for traders and, even new entrants to the Cryptocurrency domain.
Rather than competing with exchanges either they are centralized or decentralized, positioning themselves to complement them. The platform unites the order books of all of the available trading portals and creates an easily accessible market for all. Orion also offers inherent tools that come with market analysis, news, near-instant trading signals that modern traders desire as well as newcomers. Further, there is room for bulk transactions skillfully without crashing the market.
Liquidity availability in the trading setting is pretty crucial if a good user experience is to be achievable. The more liquidity an exchange has, the more traders are attracted to it. Despite, its imperativeness, liquidity is considerable adhesive to come by in many instances and on many exchanges. However, Orion solves that predicament by pulling liquidity from prominent trading platforms and provide accessibility to all.
Even though the source of liquidity on Orion comes from centralized exchanges with custodial features, the former forbids traders from handing over their funds to them. It empowers its users to have control over their money, consequently strengthening security in the process.
On top of that several decentralized aggregators run on the Ethereum Blockchain which means only ERC20 tokens are available. Meanwhile, multi-chain trading platforms lack decentralized and non-custodial features, unlike Orion.
Although swapping protocols are widespread, their weakness lies in the pools inadequacy to support growing orders. Hence, they mostly render prices of token vulnerable to unfair tactics, while Orin is risk-free averse.
At the heart of Orion ecosystem is its native utility currency of ORN used for various activities. It has been blended into the transactions process to make it an integral part of the whole system. ORN has been positioned to incentivize the Orion community with various approaches for long-term hodling. Its application consists of discounted trading, exceptional features, protocol accessibility and staking.
The team claims they have built thirteen revenue streams around the token so that it generates revenue from the initial stages for hodlers. It is the maiden token sale that performed a DYCO, meaning if the sale does not achieve its target, then buyers would get back their funds back. This process generates a secondary market to create downside security for players without compromising upside possibilities.
Join Orion community
You can join Orion’s community to engage the team as well as members to expand your knowledge about the ecosystem. Here are links to their social media platforms:
The source code is on their Github for your analysis and scrutiny if you are into the technicalities.