Orbs operates as a Layer-3 (L3) blockchain, enhancing the capabilities of Ethereum and other L1/L2 chains to execute complex logic and processes in a decentralized manner. It is particularly optimized for on-chain trading, offering liquidity aggregation, limit and TWAP orders, and on-chain derivatives.

Team and Founders

Orbs was founded in 2017 by Daniel Peled, Tal Kol, and Uriel Peled, with Netta Korin also part of the founding team. Daniel Peled serves as the President and Co-Founder of Orbs.

The network is additionally operated by independent validators (Guardians). The team operates in Tel Aviv, London, New York, Tokyo, and Seoul.

Investors and Key Partners

Since its inception, Orbs has attracted major investors and formed strategic partnerships. DWF Labs, Outlier Ventures, Kakao Ventures, Nexus One, and Next Chymia actively support the project, which raised significant capital during its ICO and subsequent funding rounds.

Orbs has integrated with DEX platforms such as QuickSwap, SpookySwap, THENA, SpiritSwap, Pangolin, Chronos, BaseSwap, and Arbidex. It collaborates on liquidity and derivatives with ParaSwap, IVX, Horizon Protocol, SYMMIO, and Fenix Finance. The team also works with corporate and ecosystem partners like Harmony Protocol, IntentX, TON ecosystem, CBAN, GBBC, WEF, World Bank, and YES24. Listings on exchanges such as FTX and KuCoin further expand Orbs’ reach and adoption.

Project Idea

Orbs aims to bring CeFi-level transaction capacity and advanced order types into the decentralized finance (DeFi) ecosystem. By eliminating dependence on centralized backends, Orbs provides scalable, secure, and efficient infrastructure for dApps.

How the Project Works

• Consensus: Validator committees are randomly selected using the Randomized Proof-of-Stake (RPoS) algorithm.

• PoS Model: Validators, Guardians, and Delegators stake tokens to secure the network.

• Hybrid Architecture: The Ethereum network is used as an external verification source. PoS votes and governance run via Ethereum smart contracts.

• Fee and Service Model: ORBS tokens are used to pay validators for application execution, smart contract operations, and storage services.

Orbs infrastructure supports four main protocols:

• Time-Based Orders: Executes automated, time-specific orders on DEXs.

• Limit Orders: Executes pre-set orders based on target prices on-chain.

• Decentralized Optimization (Liquidity Hub): Provides DEXs access to external liquidity sources for CeFi-level pricing.

• Perpetual Hub: Offers full services for on-chain perpetual trading, including hedge, liquidator, and oracle functionalities.

Governance

ORBS token holders can participate in validator selection and protocol decisions. Community-proposed changes are discussed and voted on through the Orbs Improvement Proposals (OIP) mechanism.

Roadmap

The current roadmap includes:

• Transition to DAO-based governance

• Development of Layer-3 protocols (Perpetual Hub, dLIMIT, dTWAP)

• Expansion of backend solutions for decentralized applications

ORBSToken Use Cases

• Payment: For commissions to validators and guardians

• Staking & Delegation: Token holders can stake and participate in governance

• Governance: Voting in OIPs

• Incentives/Rewards: Validator rewards and network security

Token Information

• Total Supply: 10 billion ORBS

• Max Supply: Not defined

• Circulating Supply: 4.25 billion ORBS

Token Distribution

• 55% → Long-term reserves (staking and ecosystem)

• 20% → Private sales

• 20% → Team and founders

• 5% → Advisors

Ecosystem

The Orbs ecosystem is built on a validator network and decentralized serverless cloud infrastructure. Developers can scale their applications using the L3 infrastructure and integrate seamlessly with Ethereum, Polygon, and other chains. Grant programs allow new projects to join the ecosystem.

Features

• Complements Ethereum and other L1/L2 chains with Layer-3 architecture

• RPoS consensus ensures secure and decentralized validation

• Hybrid security: verification via Ethereum

• Flexible fee system and payments with ORBS

• Advanced order types: dLIMIT, dTWAP

• Decentralized and scalable infrastructure

Official Links

• Website
• Twitter
• Telegram

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Team and Founders

The Orochi Network team is led by experienced professionals in Web3, cryptography, and data infrastructure.

• Founder & CEO: Chiro Hiro

• CTO / Technical Leads: Mary Tran (Kieu Diem Tran), Harry Tran

• Advisors & Strategic Partners: Ethereum Foundation, Web3 Foundation, Mina Protocol, Aleo

Orochi Network is recognized as a trusted infrastructure by over 40 blockchain projects.

Investment Announcement

Orochi Network announced an additional $8 million investment, part of a funding round totaling $20 million. This funding supports the development of Orochi’s Verifiable Data Infrastructure.

The project targets auditable and regulation-compliant systems, particularly relevant in the RWA (Real-World Assets) and stablecoin era. These systems guarantee data is provably correct, secure, and audit-ready.

Supporting Investors

• Ethereum Foundation (@ethereumfndn)

• MVentures Labs (@MVenturesLabs)

• Plutus VC (@PlutusVc)

• Bolts Capital (@Bolts_Capital)

• AntLab RWA (@AntLab_rwa)

• Anti Capital (@Anti__Capital)

• DeCom

• Presto Labs (@Presto_Labs)

Investor backing highlights the high demand for verifiable and secure data infrastructure. Orochi Network’s $ON token will be listed on Binance Alpha starting October 24.

Project Concept

Orochi Network aims to provide a decentralized Web3 infrastructure that ensures data integrity and privacy.

• Verifiable Data Pipeline: Offers transparency and cryptographic verification at each data processing step.

• ZK-Data-Rollups: Compresses and validates data without exposing sensitive information.

This allows developers and enterprises to build reliable applications without compromising data privacy.

How It Works

Core components of Orochi Network:

• Verifiable Data Pipeline: Provides cryptographic proof for each data step.

• ZK-Data-Rollups: Uses ZKP to compress and verify data.

• Merkle Directed Acyclic Graph (Merkle DAG): Offers higher scalability and performance than traditional blockchains.

• Succinct Hybrid aBFT Consensus: Enables asynchronous finality and transaction efficiency.

• Proof-System Agnostic: Compatible with Plonky3, Halo2, Nova, Pickles.

• Blockchain Agnostic: Supports integration with multiple blockchain platforms.

Orochi Network supports applications in zkVM, zkML/AI, zkApp/dApp, DeFi/Fintech, IoT/DePIN, and ID/KYC.

Products and Services

• zkDatabase: ZKP-enabled database for confidential and verifiable storage.

• zkMemory: Ensures integrity and privacy during in-memory processing.

• Orocle: Trustless, cryptographically verifiable oracle.

• Orand: Secure randomness source for dApps.

• OroSign: ZKP-based private and verifiable signing/authentication service.

• zkDA Layer: Guarantees data accessibility and correctness via ZK-Data-Rollups.

Governance

Orochi Network envisions a decentralized governance model through its $ON token, enabling holders to participate in key network decisions. Detailed governance and voting mechanisms will be clarified after the token launch.

Roadmap

• Initial: Development of Orochi Network and ZKP-based verification infrastructure.

• 2024 – Pilot & Testing: ZK-Data-Rollups and Verifiable Data Pipeline tests.

• 2025 and beyond: Deployment of blockchain-agnostic solutions, scalability, Web3 integration, and developer ecosystem expansion.

$ON Token Overview

The native $ON token underpins the Verifiable Data Infrastructure ecosystem. It enables verifiability, incentivizes participation, and secures the network.

Key $ON Use Cases:

1. Validator Incentives: Validators stake $ON in PoS consensus to secure the network.

2. Distributed Storage: Users pay $ON to rent space in Orochi’s distributed storage.

3. ZK Sequencer Rewards: ZK sequencers process transactions and maintain privacy for $ON rewards.

4. Transaction Fees: $ON is used for network fees, sustaining the ecosystem.

Token Details

• Symbol: ON

• Total Supply: 1,000,000,000 ON

Token Allocation:

• Network Incentives: 30%

• Ecosystem Reserve: 21.55%

• Foundation: 15%

• Marketing/Liquidity: 11.65%

• Team: 10%

• Investors: 8%

• Airdrop: 3.8%

$ON unlocks balance immediate usability with long-term network stability, aligning validators, provers, developers, partners, and the community for sustainable growth.

Ecosystem

Orochi Network focuses on Web3 applications requiring data security and privacy:

• Real World Data

• zkVM / zkML

• dApps / zkApps

• Fintech / DeFi

• IoT / DePIN

Orochi Network is expanding rapidly:

• 140+ projects are part of the ecosystem

• ONProver Campaign: Users run ONProver apps to contribute to the Verifiable Data Infrastructure and potentially mine $ON tokens.

• ONID Accounts: A user identity system encourages participation.

Key Features

• Verifiable Data Infrastructure

• ZKP-Based Security

• Blockchain Agnostic

• Scalable & Efficient

• AI/ML Compatible

• Web3 Empowering

Official Links

• Website
• Twitter
• Telegram
• Discord

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

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