OpenOcean aggregates smart contracts platform Fantom and its leading DEXs
CEX and DEX aggregator OpenOcean announced on October 5th that it has aggregated layer 1 blockchain network Fantom as well as its leading DEXs including SpookySwap, SpiritSwap, SushiSwap, and Curve.
OpenOcean is now the first DEX and CEX aggregator to partner with Fantom.
As an aggregation protocol, OpenOcean consolidates the liquidity of major DEXs (decentralized exchanges) and CEXs (centralized exchanges) in one place, providing users with the best rates along with low slippage and low fees.
Following the aggregation of DEXs of nine major public chains; Ethereum, Binance Smart Chain, Solana and Avalanche, Polygon, HECO, TRON, Ontology, and a CEX (Binance), the aggregator has now targeted Fantom blockchain, a move driven by community votes and inquiries for Fantom-based assets.
Michael Kong, CEO Fantom, said of the aggregation:
“Fantom DeFi has been growing at pace. TVL on the network recently surpassed $2B, and DeFi projects have multiplied across the ecosystem. By tapping into this vast liquidity layer through CEX and DEX integrations, solutions like OpenOcean play a vital role in optimizing transactions and streamlining access to DeFi opportunities.”
OpenOcean co-founder Cindy added:
“Fantom is an exciting scalable blockchain platform that has already given birth to some of the most popular DEXs out there. For that reason, aggregating OpenOcean and Fantom was a necessary step to make. We thank our community for bringing us here and look forward to providing even more trade options at the best prices.”
The post OpenOcean aggregates smart contracts platform Fantom and its leading DEXs appeared first on Our Bitcoin News.
OhNoCryptocurrency via https://www.ohnocrypto.com/ @Gauri Bhatia, @Khareem Sudlow
