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Users volition beryllium capable to swap and span assets crossed aggregate networks similar Ethereum, BNB Chain, Polygon, Arbitrum, Avalanche, and Fantom.
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Decentralized Exchange (DEX) aggregator OpenOcean has announced the rollout of its caller interoperable "all-in-one" cross-chain swap platform, which allows users to swap and span assets crossed Ethereum, BNB Chain, Polygon, Arbitrum, Avalanche, and Fantom.
— OpenOcean - A starring Web3 DEX Aggregator (@OpenOceanGlobal) December 20, 2022According to OpenOcean, it has integrated Celer Bridge and the Multichain span wrong its level to provide users with competitory rates crossed the supported chains.
The DEX aggregator, which supports implicit 1,100 coins crossed aggregate chains, seeks to connection competitory cross-chain swap returns based connected assorted calculations including pricing structure, state fees, slippage, and antithetic optimized commercialized routes.
DEX aggregators are captious to the cryptocurrency ecosystem due to the fact that they let users to swap and span assets crossed aggregate blockchain networks, which allows for much flexibility and interoperability wrong the space.
Related: As DEXs struggle, caller approaches kindle hope
DEX aggregators also connection users entree to a broader scope of assets that whitethorn not beryllium disposable connected a azygous DEX oregon blockchain network. They besides connection greater liquidity by aggregating liquidity from aggregate DEXs and blockchain networks, making it easier to bargain and merchantability assets. Overall, DEX aggregators effort to springiness users the benefits of decentralized exchanges portion providing a much convenient and user-friendly experience.
On Nov. 18, Cointelegraph reported that DeFi platforms continued to spot profits pursuing the illness of FTX thanks, successful part, to the wide exodus from centralized exchanges.
In the aftermath of the FTX implosion, DeFi protocols and DEX platforms gained immoderate momentum. A study from Delphi Digital suggested that DEX platforms saw a 24% upsurge successful measurement followin the FTX collapse.
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