How Orbu works

Orbu is a modular OTC protocol on Robinhood Chain. A maker signs an order, a taker fills it, and a single call moves both sides between the wallets or undoes itself. The difference from an ordinary order screen is what happens before you sign: every parameter is decoded and checked against the chain.

The parts

• OTC. The settlement desk, a contract with no owner and no fee. See Settlement.
• Modules. Rules the maker signs with each order. See Module rules.
• Staking and governance. Lock $ORBU for vote weight, with no yield. Outcomes only change the module list. See Staking and voting.
• Analytics. Volume, fills, makers and decisions from contract events, at /analytics.

What it is not

It is not an exchange, a pool, a custodian or a price oracle. Orbu never holds an order's tokens, sets no price and takes no cut. It does not find you a counterparty; you bring one or post to the board.

What is live

The site reads the chain live. Whether each contract is deployed is shown on Analytics and on contracts.json. The council can only be deployed after $ORBU exists, because the token address is fixed in its constructor.