Orbs Integrates Perpetual Hub Ultra with Ionex on Plasma

TheCryptoTimesPublished on 2025-11-06Last updated on 2025-11-06

Orbs has linked its Perpetual Hub Ultra system with Ionex, a decentralized exchange (DEX) created by DefiZoo, to bring perpetual futures trading to the Plasma blockchain. Perpetual futures, or “perps,” are a kind of trading contract that doesn’t have an expiry date. They track the price of an underlying asset and stay balanced through regular funding payments between traders.

The integration positions Orbs’ Layer-3 infrastructure—an additional blockchain layer built to execute complex trading logic beyond standard smart contracts, as a framework for decentralized platforms seeking scalable derivatives trading solutions.

Ran Hammer, Vice President of Business Development at Orbs, said, “Perpetual Hub Ultra makes it possible for any DEX to offer customized, high-performance perps trading experience, with full white label stack out of the box. By integrating with Ionex, we are enabling a new standard for decentralized markets that rivals centralized trading in both speed and efficiency.”

Features and Scope of the Integration

Developed in collaboration with Symm.io, Perpetual Hub Ultra offers a modular trading infrastructure that includes systems for hedging (risk offsetting), liquidation (automatic closing of over-leveraged positions), and oracle integration (real-time data feeds for asset pricing).

The system pulls in liquidity from both onchain and off-chain sources, including major centralized exchanges like Binance. This allows decentralized exchanges and trading platforms to tap into deeper liquidity without needing to build new networks or complicated systems.

It also uses an intent-based trading model, where traders state the kind of trade they want to make, and a group of participants called solvers carry it out by finding the best available prices across different markets. This model, already common in decentralized spot trading, is now being applied to perpetual futures through the new integration.

On the Plasma blockchain, Ionex functions both as a decentralized exchange and as a liquidity marketplace. It supports token swaps, liquidity provision, and governance features that are managed collectively by its user community.

Ionex’s MetaDEX module brings together spot and perpetual trading within a single platform. At the heart of the platform is MetaPerp, a perpetual trading product that lets users keep full control of their own assets while they trade. Built on Orbs’ Perpetual Hub Ultra, it supports leverage of up to 60 times and can execute trades in under 100 milliseconds, according to the project’s technical specifications.

The move is seen as part of a broader effort to improve the infrastructure behind decentralized trading. By integrating Orbs’ system, platforms like Ionex could handle more complex financial products with performance levels that come closer to those of centralized exchanges.

Also Read: UBS Launches First Tokenized Fund via Chainlink DTA


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