OpenOcean, a global leader in full DeFi & CeFi aggregation, completed the aggregation of Arbitrum, Invezz learned from a press release. The integration includes Arbitrum’s main decentralized exchanges – UniSwap v3 (UNI/USD), Balancer v2, SushiSwap (SUSHI/USD), Curve (CRV/USD), DODO, Synapse, and Swapr.
The aggregation will allow OpenOcean users to trade on multiple Ethereum (ETH/USD) Layer-2 constructions with maximum returns. Cindy Wu, cofounder of OpenOcean, commented:
On the one hand, we know our users are trading on Ethereum and have been requesting us to aggregate more Layer-2 solutions to access cost efficient and fast trading while still being in the Ethereum ecosystem. On the other hand, we also know that some of our users have been hesitant or directly reluctant to trade on Ethereum due to the cost. With the Arbitrum aggregation, we mash two potatoes with one fork and our users can swap around the trading universe with one-stop trading on OpenOcean.
Arbitrum enjoys rapid TVL growth
Arbitrum is enjoying a rapid increase in total value locked (TVL) as well as serious commitment from major players. The Layer-2 scaling solution, which runs on top of Ethereum, was developed with optimistic rollup technology that carries out transactions on Layer-2, then transmits the data to Layer-1. The transaction cost is much lower than that on ETH, but the DeFi experience is the same as Layer-1.
OpenOcean offers maximum returns on assets
OpenOcean ensures maximum returns on decentralized assets without charging additional fees. With Layer-2 constructions aggregation, users end up paying even lower fees.
Arbitrum is the undisputed Layer-2 leader
Arbitrum has attained the status of a Layer-2 leader thanks to its excellent team, stellar technology, and timely launch.
