Question 1

What is Orbs?

Accepted Answer

Orbs is decentralized Layer 3 execution and trading infrastructure for on-chain finance. It is not a new base chain that requires applications to move their existing assets and liquidity in full; instead, it provides execution services alongside Layer 1 or Layer 2 that applications can integrate. This positioning focuses on completing tasks such as continuous monitoring, conditional triggering, and coordinated execution in an additional execution layer, then allowing integrators to use the results in their existing on-chain products. Therefore, whether Orbs' actual functions are available depends on whether the specific wallet, protocol, or trading interface has integrated the relevant services.

Question 2

What does Layer 3 mean in Orbs' terminology?

Accepted Answer

Layer 3 as described by Orbs is an additional execution layer: it helps handle tasks such as continuous execution, conditional orders, and coordination on top of existing Layer 1 or Layer 2 networks, rather than replacing those underlying networks. For example, an order function may need to continue being monitored and executed after price or time conditions are met. An application can retain its original liquidity and settlement environment while integrating Orbs' execution capabilities to support this process; therefore, the value of Layer 3 lies in expanding execution methods, rather than moving all assets to another chain.

Question 3

What is the ORBS token used for, and how can holders participate in the network?

Accepted Answer

ORBS is the native token of the Orbs network, used to pay for network services and to carry participation rights in the proof-of-stake and governance systems. The token's uses are connected to network services and network participation; fixed returns or any specific rights cannot be inferred solely from the label “native token.” At the participation level, holders can delegate ORBS to a Guardian. Delegation enables holders to participate in network security and validator elections, while Guardians serve as the intermediary role between this delegation and network validation participation; specific participation conditions and available methods still depend on the network's rules and supported interfaces at the time.

Question 4

What are the supply rules for ORBS?

Accepted Answer

ORBS is an Ethereum ERC-20 token with a fixed total supply of 10 billion tokens and a pre-mined model. Pre-mining means this total supply is not gradually produced through subsequent block mining; fixed supply means the protocol-defined maximum total does not continue to increase through regular mining. A supply cap only describes the rule for the total number of tokens; it does not by itself indicate the quantity tradable at a given point, market liquidity, or price. When understanding ORBS supply, the fixed total should be distinguished from the actual status of different categories of tokens entering the market, being held, or being used for network participation.

Question 5

What spot trading capabilities can dSPOT provide?

Accepted Answer

dSPOT is spot trading infrastructure provided by Orbs that can support liquidity aggregation and order capabilities such as limit orders, TWAP, stop-loss, and take-profit. Limit orders center on price conditions, TWAP distributes execution over a period of time, and stop-loss and take-profit use preset trigger conditions to manage execution timing. These capabilities are offered to users by platforms that integrate dSPOT, rather than being functions automatically available to all ORBS holders. The order types users see on a particular interface depend on which services that platform has integrated and on its own product rules.

Question 6

How do dPERPS and dSPOT differ?

Accepted Answer

dPERPS is Orbs' perpetual futures trading infrastructure, representing a different product direction from dSPOT, which is aimed at spot orders. The former serves perpetual futures trading scenarios, while the latter focuses on spot liquidity and conditional orders; they should not be regarded as the same kind of product merely because both are part of Orbs trading infrastructure. The actual trading interface, tradable instruments, and specific rules are determined by the platform that adopts the infrastructure. Orbs provides execution and trading capabilities that can be integrated; whether and how a platform adopts and presents them determines the functions users can ultimately use.

Orbs (ORBS) Price

Orbs (ORBS) Price Performance

Fear & Greed Index

Why Did Orbs (ORBS) Rise in the Last 24 Hours?

About Orbs (ORBS)

Use Cases and Features

Supply and Issuance Mechanism

How to Buy and Use Orbs (ORBS)

How to Buy

Related Markets

Simple Earn

Orbs (ORBS) Basics & Market Insights

Fundamentals

Market Analysis

Frequently Asked Questions About Orbs (ORBS)