OpenOcean x Avalanche Integration

Published on: 31.08.2021
OpenOcean x Avalanche Integration

OpenOcean & Avalanche announced integration, so OpenOcean users can now trade on Avalanche DEXes at best prices with low slippage.

The integration sources liquidity from across several Avalanche DEXes and users can take advantage of the best prices with low slippage when swapping Avalanche based assets on OpenOcean.

The Avalanche aggregation adds to the vast ocean of DEXs that OpenOcean supports across other DeFi platforms and CEX support with Binance.

‘’After over 10,000 of our OpenOcean community voted for an Avalanche aggregation, we listened. 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’’

Cindy, OpenOcean Co-Founder

Cross-Chain
OpenOcean’s utility and governance token, $OOE, has been deployed on Avalanche. Users can transfer $OOE to and from Ethereum and Avalanche via AnySwap bridge. To complete the transfer, users first need to choose “AVAX Mainnet” then connect the wallet to proceed the transfer between Ethereum and Avalanche.

Recently, Avalanche launched its AB bridge, which enables users to transfer selected ERC-20 tokens to and from Avalanche and Ethereum, breaking down the siloed blockchain networks and promoting interoperability. AB Bridge is currently supported on OpenOcean. Simply click “Bridge” on the top of OpenOcean page and select “AB Bridge” in the dropdown.

Furthermore, OpenOcean is planning to release cross-chain aggregations that help users swap and transfer assets across Avalanche and Ethereum at best price with low slippage via AB Bridge.

About Avalanche

Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake protocol. Avalanche is blazingly fast, low cost, and green. Any smart contract-enabled application can outperform its competition by deploying on Avalanche.

About OpenOcean

OpenOcean is the world’s first DeFi & CeFi full aggregator. OpenOcean’s intelligent routing algorithm finds the best price and low slippage for traders across centralized and decentralized exchanges with no additional fees. As a one-stop trading entrance, we have aggregated major DEXes across public chains including Ethereum & Layer 2, Binance Smart Chain, Avalanche, Polygon, Solana, HECO, TRON, Ontology, and CEX (Binance). OpenOcean will continue to support cross-chain swaps via bridges and cross-chain protocols, and aggregate more DeFi & CeFi products and launch intelligent management services.

📰 INFO

https://blog.openocean.finance/openocean-expanding-liquidity-and-optimizing-trading-on-avalanche-51aa4d549b36

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