Rubic Integrated the Arbitrum
Rubic announce a successful integration with Arbitrum network into Rubic’s Multi-Chain Protocol. This will allow users of the Ethereum, Binance Smart Chain, Polygon, Avalanche, Moonriver, Fantom, Solana, and Harmony networks to easily complete swaps to any token in the Arbitrum ecosystem.
On-Chain and Multi-Chain integration
The integration of Arbitrum is the first blockchain integration completed during this year. However, it will only begin the cycle of upcoming integrations. During this integration, Rubic’s team has completed the integration of 3 main DEXs for the Arbitrum network. These DEXs are: Uniswap v3, 1inch, and SushiSwap. All of these DEXs are now available to use for both On-Chain swaps and Multi-Chain swaps. The integration of these DEXs will allow users to not only find the best rates during On-Chain swaps, but will also allow Rubic’s Smart Routing to find the best route for your Multi-Chain routing swaps. As a result of these integrations, Rubic’s Multi-Chain protocol will offer a simple and reliable solution for users of the Arbitrum network and users from other networks.
What is Arbitrum?
Arbitrum is an Ethereum layer 2 (L2) scaling solution, and one of the first optimistic rollups that seeks to relieve congestion on the Ethereum mainnet. Arbitrum makes transactions on Ethereum cheaper by performing operations off-chain, and posting the results to the mainnet to secure proof. This layer 2 solution was designed to improve the capabilities of Ethereum smart contracts — boosting their speed and scalability, while also adding additional privacy features. Currently, Arbitrum does $95 Million in daily trading volume with an average of 35,000 transactions per day.
Depositing funds via Arbitrum is seamless via its native bridge, but the protocol enforces a delay when withdrawing funds to Ethereum; to allow for the state to be fully confirmed. With our integration of the Arbitrum network into Rubic’s Multi-Chain Protocol, this delay will be completely switched off and will allow users to complete swaps of any of our 15,000+ tokens on app.rubic.exchange.
https://rubic.exchange and https://app.rubic.exchange
About Rubic
Rubic is the Multi-Chain Swap Protocol which allows you to swap any of our 10,500+ assets, on and between 8 blockchains, in one click. Rubic’s Multi-Chain Routing Protocol includes On-Chain & Multi-Chain swaps for Ethereum, BSC, Polygon, Avalanche, Moonriver, Fantom, Harmony, Solana, and GnosisChain (formerly xDai), with seamless fiat on-ramps and more!
Rubic’s aim is to deliver a complete “One-Stop, Full-Circle” decentralized trading platform. Rubic.exchange is the place where users can complete Multi-Chain swaps using an intuitive solution, to get the best rates from all leading trading protocols.
