The orb is the item that you use during the event in event maps to give you a boost, so it's basically like the elondrian ward and the nomnomicon from Halloween. Those are purchasable and tradable, so you can buy as many as you need of those.
And like I said, the plat tier prize is the recipe itself so I imagine that it will be tradable like the current planar pend recipe from arena.
I don't know if the gem will be tradable, but since Paracelsus gems weren't there is a strong possibility that these might not either. But that could easily change considering how many people wanted para gems to be tradeable, so I dunno there.
Can you get more than one orb? Yes, since it's like previous event map items. You can have as many as you want to sell or keep.
Is it one time use? yes, orbs are one time use.
Can you use another recipe? On a diff toon, sure - but there will be no need for that since once you have the recipe all you will need are the components to craft as many of the item as you want so long as you have the items needed to craft it. (but I imagine that if this is the case then the gem once crafted will not be tradable. but that's just a guess)
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