OpenOcean Integrates Verse DEX to Deepen Available Liquidity on Ethereum

1 year ago

press release

PRESS RELEASE. OpenOcean, a starring Web 3 middleware developer and DEX Aggregator crossed 19 chains, backed by apical investors – Binance Labs, CMS, Altonomy, and much – has integrated with the precocious released Verse DEX, Bitcoin.com’s decentralized speech (DEX), to supply easier, cheaper and faster entree to low-cost and gas-efficient swaps connected OpenOcean’s Ethereum mainnet.

OpenOcean, arsenic a starring DEX aggregator, integrates the Verse DEX arsenic 1 of the liquidity sources to deepen the liquidity connected the Ethereum web successful bid to supply users the champion swap returns. OpenOcean’s intelligent routing algorithm helps users hunt for the champion terms punctuation crossed aggregated DEXs connected their chosen network. With the integration, OpenOcean users tin besides bask the benefits for its products, cross-chain swaps, and bounds orders, empowered with Verse’ liquidity straight connected Ethereum.

Bitcoin.com’s multichain Verse DEX is an automated marketplace maker-based decentralized speech that aims to bring everyone permissionless and non-custodial trading access, with a peculiar absorption connected newcomers to DeFi. Anyone tin safely and securely swap crypto with debased fees, including cross-chain trading betwixt BTC, BCH, ETH and more. Anyone tin besides gain output by providing liquidity to the DEX.

Verse DEX is derived from the conflict tested Uniswap V2 contract, and has been audited by a third-party astute declaration auditor. It is presently disposable connected Ethereum and SmartBCH blockchains, but is continuously expanding onto low-fee, precocious transaction velocity blockchains.

OpenOcean is simply a multi-chain Web 3 DEX Aggregator and integrates implicit 250 unsocial liquidity sources crossed 19+ networks. Using OpenOceans unsocial caller routing algorithm the level is capable to supply businesslike spot swaps with the lowest imaginable state fees and the highest maximum returns; it works by perpetually analysing, comparing and determining the champion routes disposable for a commercialized by connecting each integrated liquidity sources. To summation trading efficiency, OpenOcean, arsenic a one-stop solution, besides provides bounds orders, cross-chain swaps and perpetual aggregation connected multi-chains. In the adjacent aboriginal OpenOcean volition proceed looking to grow much services to fulfill users’ needs connected Web 3.

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