Users of OpenOcean are able to enjoy a seamless trading experience across CeFi and DeFi by accessing leading decentralized exchanges on Avalanche (AVAX/USD), Invezz learned from a press release. One of the leading DeFi and CeFi full aggregators in the world, OpenOcean, announced that it has gone live on Avalanche, an open-source, highly scalable platform for launching multi-functional blockchains and DeFi applications.
Best prices and slippage options on swaps
The new integration allows users of OpenOcean to make highly lucrative asset swap deals thanks to the best prices with low slippage available to them. They also get access to DEXs such as Trader Joe, Pangolin, and other sources of liquidity on Avalanche. As OpenOcean’s intelligent routing system offers a huge variety of options to choose from, the extra liquidity additionally reduces trading costs for users.
Over $2B USDT in cumulative transaction volume
OpenOcean has over 270,000 active unique addresses and processed almost one million transactions worth $2.1 billion USDT (USDT/USD) in cumulative transaction volume in less than a year.
On occasion of the integration with Avalanche, OpenOcean co-founder Cindy Ng commented:
“After over 10,000 of our OpenOcean community voted for an Avalanche aggregation, we listened. Given Avalanche’s highly-esteemed reputation within DeFi circles and high-quality protocol, this integration was a no-brainer for OpenOcean. The Avalanche protocol and community stay true to the core values of DeFi. This partnership can help fulfill our vision to integrate DeFi’s most useful and most secured ecosystems.”
Highly dynamic blockchain ecosystem
Avalanche is one of the most dynamic and most rapidly growing blockchain ecosystems. Chainlink (LINK/USD), SushiSwap (SUSHI/USD), Circle, and The Graph (GRT/USD) are among the 225+ projects developed on
