DEX Aggregator OpenOcean Now Expands To Optimism
Key Points:
- With the addition of Optimism, the cross-chain DEX aggregator OpenOcean now allows users to trade tokens between Optimism and the other chains it supports.
- To enable cross-chain transactions, the DEX aggregator has integrated two bridges, Multichain and Celer, as well as thirteen liquidity providers on Optimism.
- Increasing integration with multiple blockchains allows OpenOcean to expand its choices to make it easier for users to deal with cross-chain transactions.
Cross-chain DEX aggregator OpenOcean announced it has expanded to Optimism, allowing users to swap tokens between Optimism and other chains supported by the DEX aggregator.
OpenOcean has integrated two bridges, Multichain and Celer, and thirteen liquidity sources on Optimism to provide cross-chain trades. It currently supports over 1,100 cryptocurrencies, seeking to deliver competitive cross-chain swap returns based on various calculations, including price structure, gas fees, slippage, and optimized trading routes.
🔀 #OpenOcean’s 1-click cross-chain swap + aggregator now expands to @optimismFND!
Users can now access the best prices and seamless swaps from any whitelisted tokens on supported chains <> #Optimism
🌉Let’s cross – https://t.co/UNP6FBBrjy pic.twitter.com/UoKx4yIAsG
— OpenOcean – A leading Web3 DEX Aggregator (@OpenOceanGlobal) January 11, 2023
In addition, the DEX aggregator also announced integration with WOO Network v2 and supercharger vaults on BNBChain, Avalanche, Fantom, and Polygon.
So @WOOnetwork sPMM v2 is out!🔥 We’ve already integrated v2 and supercharger vaults on #BNBChain, #Avalanche , #Fantom and #Polygon.
Deeper liquidity and better prices with #WOO v2🙏
Go and check it out https://t.co/GhQ2bbA4e1 https://t.co/wJzGRWfdPg pic.twitter.com/Hn0zolD3vX
— OpenOcean – A leading Web3 DEX Aggregator (@OpenOceanGlobal) January 11, 2023
Earlier, it announced the implementation of a new cross-chain platform that can interact more diversely with various blockchains, allowing users to swap and connect assets on Ethereum, BNB Chain, Polygon, Arbitrum, Avalanche, and Fantom. Aptos is one of the most recent names added to this list.
The DEX aggregator is the world’s first full aggregation protocol for crypto trading that liquidity sources from DeFi and CeFi, and enables cross-chain swaps.
To find and optimize the best trading alternatives for various crypto assets on various public blockchains, OpenOcean searches across DEXs and CEXs. Once the infrastructure is established, it will permit direct cross-chain transactions in addition to cross-chain swaps between the combined public chains. Users simply need to pay the standard exchange fees and blockchain gas fees for trades, which are assessed by the exchanges and not by the DEX aggregator.
Increasing integration with multiple blockchains allows OpenOcean to expand its choices to make it easier for users to deal with cross-chain transactions.
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