Bancor Integrates 0x API

Published on: 11.09.2022
Bancor Integrates 0x API

Bancor Integrates 0x API, so users on Bancor will be able to swap any Ethereum tokens supported by 0x API.

It is enabling trading access to hundreds of non-whitelisted tokens on Bancor.network.

0x API is an open-source, decentralized exchange infrastructure that enables the exchange of tokenized assets on multiple blockchains. Bancor Integrates 0x API – The 0x protocol is, at its core, a set of secure smart contracts that facilitate the peer-to-peer exchange of Ethereum-based assets.

The integration is aiming at making Bancor.network a better destination for traders by expanding token availability. Bancor Integrates 0x API – When a trader performs a swap request on Bancor.network. The UI checks whether the tokens in the swap are listed on Bancor, and if not, the trade is routed via 0x API. Trades routed via 0x API have a “Best Route” of external in the swap widges. As opposed to v2 or v3 for those that are routed directly through Bancor.

0x API has previously integrated Bancor v2.1 and v3 as liquidity sources and it aggregates liquidity from both protocols to enable even better prices for 0x API users by using Bancor token pools where it provides the best swap outcome for traders.

About Bancor

Bancor is only DeFi trading and staking protocol with Single-Sided Liquidity.

About 0x

0x is important infrastructure for the emerging crypto economy and enables markets. To be creating that couldn’t have existed before. As more assets become tokenized, public blockchains provide the opportunity to establish a new financial stack that is more efficient, transparent, and equitable than any system in the past.

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RESOURCES

https://blog.bancor.network/0x-api-integration-is-now-live-on-bancor-72981621db65

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