OpenOcean is the leading DEX aggregator in the decentralized space. OpenOcean sources liquidity for trades and automatically routes users to the best trade with the lowest slippage and best overall performance. OpenOcean is proud to support 18+ blockchains on 200+ decentralized exchanges.

SINGAPORE, December 21, 2022 /PRNewswire/ — Today, OpenOcean, the leading decentralized exchange aggregator for Web3, announces the launch of its new all-in-one interoperable cross-chain exchange platform. This new platform will allow users to exchange and unite assets through the main networks, EtherealBNB Chain, Polygon, Arbitrum, Avalanche and Fantom with the best final price.

OpenOcean has integrated two main bridges, the Celer IM Bridge and the Multichain Bridge to provide users with the most competitive rates across all supported chains. With the addition of OpenOcean’s routing algorithm and partner bridging support, the platform will offer the best cross-chain exchange performances based on multiple calculations, including price structure, gas fees, slippage, and different trade routes. optimized.

The cross-chain exchange mechanism implemented by OpenOcean features a vastly improved algorithm and the deepest sources of liquidity on the market. This gives the platform a competitive edge over other DEX aggregators, especially since the introduction of OpenOceans’ one-click cross-chain trading feature.

OpenOcean supports over 1100 coins on supported chains, allowing users to exchange any whitelisted token from any supported source chain to any token on the destination chain. OpenOcean provides a complete and immediate cross-chain exchange process for users with no delays in price quotes and routing quotes, saving time and fees by avoiding interaction with unnecessary protocols and helping to maintain user assets safe and protected.

The advanced semi-atomic nature of OpenOcean’s cross-chain model ensures that transactions are not interrupted and user funds are not lost due to unexpected errors. OpenOcean is actively working with its vast network of partners to grow its bridging integrations and offer users more choice.

The OpenOcean team believes that our new features will satisfy the need of decentralized users for easier access to all liquidity and tokens that are available cross-chain. With OpenOcean, users can always benefit from the largest number of strings in one place with simplicity and security in mind.

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SOURCE OpenOcean