THENA launches Perps V2 with 150x leverage and 500+ markets

Orbs: Orbs is a decentralized Layer-3 infrastructure provider specializing in on-chain trading protocols that enhance DeFi platforms with advanced execution capabilities. Its Perpetual Hub Ultra and related tools enable intent-based perpetual trading, automated orders, and seamless integration with external liquidity sources. The news highlights Orbs powering THENA Perps V2 through dedicated L3 infrastructure for matching, position management, and settlement in a Trusted Execution Environment. THENA: THENA is a community-driven DeFi hub and liquidity layer built primarily on BNB Chain, offering spot trading, perpetual futures, and additional yield and competition features as part of its DeFi SuperApp vision. It focuses on delivering CEX-like trading experiences through intent-based models and integrations with external infrastructure. In this news, THENA is launching Perps V2, which upgrades its perpetuals platform with faster execution, higher leverage, expanded markets, and deeper liquidity via multi-venue hedging. OpenAI: OpenAI is a leading artificial intelligence research and deployment company whose pre-IPO equity has become accessible through tokenized representations in decentralized markets. These tokenized assets allow on-chain exposure to private company valuations without direct ownership. THENA Perps V2 includes OpenAI among its 500+ markets as a tokenized equity, expanding access to high-profile RWA perpetual trading. SpaceX: SpaceX is a prominent aerospace and space exploration company whose equity is available via tokenized instruments in various DeFi and RWA platforms. Tokenized versions enable fractional, on-chain trading of exposure to the private firm. In the news, SpaceX appears as one of the tokenized equities supported in THENA Perps V2's initial 500+ markets alongside other RWAs and crypto assets. RWA Expansion: Tokenized equities from private companies like OpenAI and SpaceX continue to see growing availability on DeFi perpetuals platforms, broadening access beyond traditional crypto pairs. Liquidity Model: Multi-venue hedging approaches in DeFi perps are incorporating established centralized liquidity sources to improve depth and support larger trade sizes while preserving self-custody. Infrastructure Upgrade: Orbs has expanded its Layer-3 solutions to support faster, CEX-comparable perpetual trading experiences across multiple decentralized exchanges.