QuickSwap proposes governance vote to shift perpetuals to Orbs Network

The multi-chain DEX wants QUICK token holders to approve migrating its entire perpetual trading platform to Orbs' Layer-3 infrastructure, with a 50/50 revenue split.

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Add us on Google by Editorial Team May. 27, 2026

QuickSwap is asking its community to approve a full migration of its decentralized perpetual trading platform to Orbs Network. The proposal, posted on Snapshot for QUICK token holders to weigh in on, would move perpetuals infrastructure across all supported chains to Orbs’ Perpetual Hub.

QuickSwap would remain the front-end brand and trading venue, but the underlying execution and liquidity aggregation for perpetual contracts would run on Orbs’ Layer-3 infrastructure. The two projects would split revenue 50/50.

From Falkor to Orbs: the backstory

QuickSwap originally launched its perpetuals DEX, called Falkor, back in 2024. The broader partnership with Orbs stretches back even further, to September 2023, when the two teams deployed a Liquidity Hub designed to tackle liquidity fragmentation across chains and protocols.

Since then, the collaboration has expanded to include zero-gas swaps and MEV protection. MEV, or maximal extractable value, is the practice where validators or bots reorder transactions to extract profit at traders’ expense.

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The latest chapter arrived in Q4 2025, when QuickSwap launched Orbs-powered perpetual trading on Base. The current proposal essentially asks: if it’s working on Base, why not everywhere?

How the governance process works

QuickSwap runs its governance off-chain through Snapshot, a widely used voting platform in DeFi that lets token holders signal their preferences without paying gas fees. It’s a two-step process: community discussion first, formal voting second.

The proposal is currently in the early stages, with participation calls circulating on Reddit and X. QUICK token holders get to weigh in on whether this migration makes strategic sense, and their vote will determine whether the shift proceeds.

Because votes don’t execute on-chain automatically, there’s always a trust assumption that the team will honor the result. QuickSwap operates across multiple chains, primarily Polygon and Base.

What this means for traders and QUICK holders

As a Layer-3 provider, Orbs sits on top of existing Layer-1 and Layer-2 networks and handles specialized computation. For perpetual trading, that means order execution and liquidity aggregation can happen at a layer optimized specifically for those tasks.

The 50/50 revenue split means giving up half of perpetuals revenue. If Orbs’ infrastructure improves execution quality and trade volume grows, the smaller slice of a bigger pie could prove more valuable — that is the bet QuickSwap is making.

Deeper integration with Orbs means deeper dependency on Orbs. If Orbs’ infrastructure experiences downtime, exploits, or governance disputes of its own, QuickSwap’s perpetuals platform would be directly exposed.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.