Alexey Koloskov | May 19 2021
Alexey Koloskov | May 19 2021
In volatile markets, ownership of assets is more important than ever. Having your assets held by a third-party centralized exchange limits your control of your own funds. At any point, your access can be denied and withdrawal of funds remains unavailable. Just today, trading and withdrawals have been halted across several major exchanges, preventing traders access to both their assets and trading opportunities.
Instead of competing with centralized or decentralized exchanges, we aggregate their order book depth, trading pairs, and liquidity to provide access in one decentralized platform. Connect your wallet and trade across major exchanges, without the need for any accounts or KYC. Trade securely across the crypto market without ever giving up your private keys. Simply connect your wallet and trade securely without risking your assets - even across exchanges you don't have accounts with.
We never halt trading: Even with connected exchanges down, you can still trade on Orion Terminal:
1. We connect multiple exchanges into one order book
2. CEX order books can still remain even when access is cut off by exchanges
3. Orion has an internal DEX that fulfills orders, too
Best prices in market: Buy or sell your assets at the best price, every time. Orion aggregates major exchange liquidity into one seamlessly aggregated order book to give you the best price possible.
Arbitrage opportunities: Orion Terminal always searches for the best prices on the market, allowing you to carry out arbitrage opportunities without the need for accounts on multiple exchanges.
Cross-exchange liquidity: For the first time, Orion Terminal provides decentralized access to centralized exchanges. Eventually, you'll be able to access the liquidity of the entire crypto market on one decentralized platform: centralized exchanges, decentralized exchanges, and swapping pools in one place.
Trade from your wallet: Your key, your control: access bottomless liquidity without ever giving up your private keys. Simply connect your wallet and execute your order across major exchanges - even those you don’t have accounts with.
Access to 1,000+ pairs: On Orion Swap, users only need to sign one trade for complex swaps without direct trading pairs (e.g. GRT > ORN) resulting in lower fees and faster execution across over 1,000 trading pairs.
Almost zero slippage: Best prices, lowest fees, zero spread. By aggregating every exchanges' order book, Orion provides the best prices and lowest fees in market with almost zero spread - and zero slippage.
No account, no KYC: Orion Terminal will never require your information to enable access to trade, even across exchanges that typically require KYC. KYC is carried out on a trader behalf by brokers.
Learn how this is all possible:
This is all made possible through Orion's proprietary governance mechanism, Delegated Proof of Broker. This functionality is unique to Orion Protocol: while other liquidity aggregators exist, none have been able to offer decentralized access to centralized liquidity, requiring users to have an account or carry out KYC for access. Orion Terminal is the first and only in market to provide global and decentralized access to the digital asset market.
Brokers with exchange accounts (or exchanges themselves, such as AscendEX, Kucoin, MXC, Mettalex, and Injective) run Orion Broker Software and automatically execute trades routed from the liquidity aggregator via their trading accounts. Brokers are chosen to execute trades based on how much ORN they stake, and receive a portion of fees from each trade they execute.
Brokers conduct KYC so traders don't have to. Although brokers are executing the trade on a trader’s behalf, they never get access to traders’ accounts or funds as smart contracts enforce secure conditions of exchange. Only if the order is filled by a selected broker will the transfer of assets occur atomically within the smart contract: the trader gives the sold asset in exchange for the bought asset.
It’s through these brokers that we’re able to decentralize centralized liquidity for the first time, and allow traders to access both centralized and decentralized liquidity regardless of their jurisdiction - without ever needing to give up, share, or compromise their private keys, assets, or information.
Protect your assets. We don’t hold ownership of your funds, and we will never halt trading or withdrawals. Trade securely on Orion Terminal now.