According to PANews, Arbitrum ecosystem DEX Camelot has announced a significant rebranding to Orbital Liquidity Network on the X platform. This transformation represents Camelot's evolved vision, with Castle set to connect and coordinate the Orbit chain, thereby creating a unified Arbitrum ecosystem. Camelot's role will extend beyond infrastructure, acting as a hub for these decentralized chains. The aim is to generate network effects, linking the Orbit chain with the broader Arbitrum community, which is expected to unlock more value, increase trading volume, liquidity, and overall user activity.
The transition to Orbital Liquidity Network marks a major shift for Camelot, requiring several months of development to lay the initial groundwork. This new vision introduces a fresh brand and roadmap to reflect Camelot's future direction. Key components of the upcoming roadmap include the splitting of the GRAIL token, a new incentive system, and the launch of the Orbital Accelerator.