Boosted by Orbs Collab, THENA Gets Listed on Binance Crypto Exchange

by

As an analyst with over two decades of experience in the tech and finance industries, I’ve seen my fair share of partnerships, but few have been as fruitful as the one between Orbs and THENA. From a humble beginning in March 2023 to the recent Binance (BNB) listing, this collaboration has been nothing short of remarkable.

Orbs, a prominent L3 blockchain infrastructure provider, is rejoicing over a series of achievements after investing in THENA. Since partnering with THENA, the protocol has witnessed growth in its presence within the BNB Smart Chain (BSC) ecosystem, culminating in THENA’s listing on Binance (BNB).

Boosted by Orbs, THENA hits number of accomplishments, scores Binance (BNB) listing

Orbs, a trailblazer in L3 infrastructure solutions, is thrilled by the latest news from its strategic partner, THENA. Since Orbs started supporting THENA through investments, promotions, and technical collaborations, the BNB Chain liquidity protocol developed by THENA has seen unprecedented growth, culminating in THENA being listed on Binance (BNB), a significant milestone.

Introducing Thena $THE on #Binance HODLer Airdrops!

Read more 👉

— Binance (@binance) November 26, 2024

The eagerly awaited listing comes before a huge airdrop promotion aimed at Binance (BNB) users.

For the past year, THENA has been utilizing Orbs’ array of advanced Level 3 trading tools, such as dTWAP, dLIMIT, Liquidity Hub, and Perpetual Hub. This technology empowered THENA to provide seamless trade execution, effective liquidity control, and cutting-edge perpetual trading capabilities.

Beyond offering the necessary infrastructure for THENA’s expansion, Orbs also made a strategic investment of $600,000 in late 2023, which allowed THENA to execute its development plan. Furthermore, Orbs has collaborated with THENA on both technical and marketing aspects, thereby increasing THENA’s presence on the BNB Chain and helping it expand its market share.

Run Hammer, Vice President of Business Development at Orbs, expresses enthusiasm over the outcomes of their partnership and looks forward to exploring future possibilities for Orbs and THENA.

THENA’s triumph demonstrates the potential of collaborative efforts and concentration in DeFi. By merging Orbs’ technology and backing their ambition through strategic investment, we’ve raised the bar for online trading on-chain. The commitment of the THENA team to the Binance ecosystem has been remarkable, and it’s an honor to join them on this adventure. This is only the beginning!

The collaboration commenced in March 2023, as Orbs found THENA to be a potentially successful Decentralized Finance (DeFi) platform. Acknowledging THENA’s dedication towards constructing a versatile Decentralized Exchange (DEX), Orbs decided to invest strategically, aiming to foster its lasting development.

THENA bets big on expansion in Asia

As an analyst, I can confidently say that the integration of Orbs Liquidity Hub marked a significant leap forward for me in terms of trading efficiency. It not only provided me with essential protections against Miner Extractable Value (MEV), but also aggregated liquidity sources and facilitated gasless transactions. Fast-forward to July 2024, when Orbs unveiled its Perpetual Hub on THENA, allowing users like myself to engage in leverage trading with lowered collateral demands. This addition to THENA’s platform has broadened the scope of its product offerings and solidified its status as a comprehensive DeFi hub within the BNB Chain ecosystem.

As an analyst, I can share that my efforts have significantly contributed to ORBS‘s role in facilitating THENA’s market expansion. Through carefully crafted campaigns and strategic introductions, we were able to achieve this goal. A pivotal moment in our collaboration was the organization of a community meetup in Seoul, held in March 2024, which marked THENA’s debut in the Korean market. This event not only established THENA’s presence but also fortified its user base across Asia.

In my role as a researcher, I found that the collaborative exhibits at both Edcon Tokyo and Token2049 Singapore served to underscore THENA’s cutting-edge technology. These events not only showcased our prowess but also solidified our status as a trailblazer in the decentralized finance (DeFi) innovation sphere.

Read More

2024-11-29 17:03