QuickSwap upgrades perpetuals platform, deprecates V1 Perps by July 14, 2026

QuickSwap is migrating its entire perpetuals infrastructure to Orbs Network’s Perpetual Hub Ultra 2.0, a move that will render its existing V1 Perps platform obsolete on July 14, 2026.

After that date, users on the old platform won’t be able to open new trades or make deposits. They’ll only be allowed to close existing positions or add collateral.

What’s actually changing

The V1 Perps system currently runs on Orderly Network’s Falkor infrastructure on Polygon. That backend has powered QuickSwap’s leveraged trading, offering up to 50x leverage across more than 39 trading pairs.

A governance proposal for the Orbs migration surfaced around May 27, 2026, and the vote passed shortly after. The new system, Orbs’ Perpetual Hub Ultra 2.0, is designed to give QuickSwap a unified stack, meaning its perps infrastructure across all supported chains will run on the same architecture rather than being stitched together from different third-party solutions.

QuickSwap also operates on Base, where it supports over 300 assets through SYMMIO. The unified stack approach means both chains would eventually run under the same perpetuals framework.

Why QuickSwap is making the switch now

QuickSwap’s existing setup relied on Orderly Network as a third-party backend. By moving to a purpose-built integration with Orbs, QuickSwap is reducing that dependency while gaining more control over its trading stack.

Orbs has confirmed QuickSwap as a “pivotal partner” for the Perpetual Hub Ultra 2.0 rollout. The liquidity capture strategy is set to begin from day one of the new platform’s launch.

What this means for traders and investors

If you’re currently trading perps on QuickSwap’s V1 platform on Polygon, July 14 is the hard cutoff for new activity on the old system.

The governance proposal and vote demonstrate that QuickSwap’s token holders are actively involved in infrastructure decisions. No significant market commentary or impacts have been reported, underscoring that this shift is seen more as an internal infrastructure migration than a catalyst for market volatility.

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