The below Orion Protocol price chart tracks the price of Orion Protocol against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.
✓Decentralized finance (DeFi)
✓Non-custodial trading platform
The Orion Protocol is claimed to be “built on the most advanced liquidity aggregator developed” with the intention to mitigate some of the resounding issues existing in the burgeoning DeFi industry.
The protocol specifically allows users to access an extraordinarily deep pool of liquidity - derived from both centralized and decentralized exchanges across the globe; all whilst eliminating the need for central authorities and intermediaries. In addition to their “Orion Trading Terminal”, the project also provides a number of products ranging from a trading-based ‘App Store’, liquidity plug-ins for exchanges and a portfolio management application to name a few.
The native cryptoasset of the platform ORN, functions as a utility based token and a ‘form of internal currency’. With reference to particular use cases, payments with ORN can discount fees incurred when transacting on the Orion Trading Terminal and individualised staking incentives for brokers and non-brokers.
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