Orion Protocol

Orion Protocol (ORN) is a decentralized blockchain platform leveraging open-source technology to aggregate liquidity from centralized and decentralized exchanges (CEXs and DEXs).
The primary aim of this project is to offer cryptocurrency traders and users optimal trading rates across various exchange markets and platforms.
Orion Protocol
Location
UAE, Dubai
Our role
Web development
Project duration
11.2017 - 01.2022
Type of work
Time and Materials

Background

The client turned to us with a request to create a crypto exchange with a user-friendly interface and competitive rates. However, the project evolved into a broader vision. The client decided to make a platform that had to systematically identify optimal trading routes that offered users the most advantageous fees and rates. At the same time, it had to be convenient for users to make trades in one place. 

Furthermore, one of the main objectives of the Orion Protocol solution was to mitigate risks associated with trading on both decentralized and centralized exchanges. The project's concept also included creating the ecosystem's native token (ORN).

 

Tech Stack
CSS
HTML
MySQL
PHP
PostgreSQL
React JS
Redis
Yii2
Node JS
Solidity
Number of sprints
26

Tasks and challenges

What we had to do

Orion Protocol set out to address significant challenges in the cryptocurrency market, including segregated liquidity and trading safety. The primary tasks included consolidating liquidity from the popular decentralized and centralized exchanges (KuCoin, OKX, Uniswap, Binance, Curve, Pancakeswap) into a unified platform. It was also essential to mitigate security risks associated with centralized exchanges and ensure high-speed performance, which is crucial for cryptocurrency trading.

The Peiko team had to develop a scalable and secure crypto exchange, integrate diverse exchange APIs for liquidity aggregation, and prioritize non-custodial solutions to protect user assets and privacy. 

Overall, Orion Protocol had to deliver a secure, efficient trading environment that sets new standards in cryptocurrency trading by optimizing liquidity access and ensuring robust platform performance. Our partnership with a client commenced in 2017. They obtained a completed MVP product. After some time, they returned to us to hire Peiko's developers for additional services. We added new features and provided support for the launched project. 

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  • Build a scalable and secure crypto exchange
  • Integrate exchange aggregation and liquidity features
  • Add seamless crypto wallet integrations
  • Create a user-friendly and intuitive interface
  • Optimize the DeFi platform’s speed and performance

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Screens

Solution

What was done

The Peiko team developed the Orion Protocol project from scratch. The client received a robust DeFi ecosystem consolidating liquidity, order book depth, and price discovery across all major centralized and decentralized digital asset markets.

Orion Protocol has achieved significant milestones in the cryptocurrency trading landscape, delivering solutions that enhance user experience and market efficiency. Virtual order book technology provides users with real-time visibility into optimal trading routes. At the same time, cross-chain bridge integration facilitates seamless asset transfers across multiple blockchain networks such as BNB, Ethereum, and Polygon.

We developed this liquidity aggregator using cutting-edge technologies. The choice of Node.js and React/Next for backend and frontend development ensures high performance, enabling fast transaction speeds and responsive user interfaces.

Today, Orion Protocol stands as a successful solution in the cryptocurrency field, setting benchmarks for liquidity aggregation and trading efficiency.

 

  • Robust platform that aggregates liquidity from many exchanges
  • Tools to maximize trading experience
  • Top-notch performance and security

Take a closer look

The plan executed
Orion Protocol is an innovative solution in the cryptocurrency sector, focusing on revolutionizing access and efficiency in trading. The project's core achievement lies in developing a non-custodial liquidity aggregator, which integrates liquidity from major CEXs and DEXs. This innovative approach allows users to maintain control over their assets while accessing a unified trading platform. Key features include seamless integration with leading crypto wallets, such as Metamask, WalletConnect, OKX, TocketPocket, SafePal, TrustWallet, and CoinbaseWallet, enhancing user convenience and security. The Orion Terminal stands out as a central hub for executing trades across multiple exchanges without the need for multiple accounts, simplifying the trading experience. Moreover, Orion Protocol has implemented the most advanced features of DEXs (AMM) and CEXs (Orderbook, TradingView). This solution provides users with transparent market data and enhanced analysis tools. The platform also facilitates cross-chain transfers across various blockchain networks.
Created a non-custodial liquidity aggregator
Orion Protocol revolutionizes access to the crypto market by aggregating liquidity from exchanges like Binance, KuCoin, and others, covering both centralized and decentralized platforms. Since the aggregator is non-custodial, it does not hold users' funds. Instead, it connects directly to users' wallets or exchanges they choose to trade on, maintaining security by minimizing the risk of funds being lost or hacked from a centralized repository.
Provided integration with top crypto wallets
Orion Protocol supports integration with leading crypto wallets such as Metamask, WalletConnect, OKX, TocketPocket, SafePal, TrustWallet, and CoinbaseWallet. This integration enables users to securely manage and access their assets directly from the Orion platform, enhancing convenience and accessibility.
Added the Orion Terminal
The Orion Terminal is a cornerstone feature of the protocol, offering users a unified gateway to cryptocurrency markets. This innovative tool consolidates liquidity and trading functionalities from various CEXs and DEXs into a single interface. Users can execute trades efficiently without the need to manage multiple accounts or remember various passwords.
Implemented advanced DEX features
Orion Protocol incorporates advanced decentralized exchange features to enrich the trading experience. This platform provides transparent visibility into market orders and facilitates informed trading decisions. The TradingView feature empowers users with comprehensive market analysis tools, enhancing trading strategy development and execution.
Ensured superior swap experience
The Orion Protocol platform optimizes the process of exchanging cryptocurrencies by providing efficient and user-friendly mechanisms. Users can trade directly on centralized exchanges using their own wallets. This feature enhances convenience and security by enabling trades without requiring users to deposit funds onto the exchange platform.
Enabled fast cross-chain transfers
Orion Protocol facilitates seamless cross-chain transfers across multiple blockchain networks, including BNB, Ethereum, Polygon, Arbitrum, and Linea. This capability enables users to exchange assets efficiently across different blockchains, expanding trading opportunities.

How long it took

What the client got
200 hours
Modern UX/UI
1900 hours
High-quality development
800 hours
Effective quality assurance

Project Feedback

I consider Peiko a qualified technical partner for many reasons, such as delivering milestones on time, providing fast software improvements, and resolving bug issues quickly. They’re very experienced in blockchain and financial services and get deeply involved in the development process.
Alexey Koloskov
Alexey Koloskov
CTO at Orion Protocol
Read full feedback on clutch
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