PLEXUS integrates with Connext

Published on: 28.07.2023
PLEXUS integrates with Connext

PLEXUS integrates with Connext to enable Trust-minimized Crosschain Transactions. Fast and secure transactions are now possible through PLEXUS Exchange’s integration of Connext.

PLEXUS is a cross-chain aggregator that enables users to manage assets issued from various blockchains from one interface. PLEXUS Swaps allow users to move from any token and any chain to any other token and chain combination.

Why integrate Connext?

Connext is the fundamental execution layer in the web3 stack. By integrating Connext, PLEXUS gains access to cutting-edge technology for modular interoperability within the stack.

A core component of the Connext cross-chain protocol is to provide security by design.

Connext’s cross-chain protocol prioritizes security and trust-minimization, allowing PLEXUS users to perform secure cross-chain transactions. With Connext’s reliance on canonical bridges, PLEXUS users can significantly reduce the number of trust assumptions while benefiting from fast and cost-efficient transactions across chains.

PLEXUS has successfully integrated the Connext bridge, a pivotal solution for facilitating optimal cross-chain asset exchange. This decision stems from its unparalleled speed and remarkably cost-effective efficiency in specific asset exchange domains, surpassing other cross-chain bridge solutions. Recognizing the paramount importance of achieving the ultimate cross-chain asset exchange, PLEXUS has embraced the Connext bridge as an indispensable component. — PLEXUS team.

Paving the Way for a Multichain Future

As the most scalable, secure, and capital-efficient solution for cross-chain asset and data transfers, the Connext protocol adds secure cross-chain capabilities to PLEXUS’s protocol. Connext’s network continues to grow with more routers and liquidity providers joining, expanding horizontally across different chains, and supporting additional assets. These enhancements further improve the user experience for dApps integrated with Connext, amplifying its impact and potential for a multichain future.

ABOUT PLEXUS

PLEXUS is a cross-chain DEX aggregator. It guarantees the fastest, the cheapest and the most secure multi step swaps across all blockchain networks and bridges with a single transaction.

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ABOUT CONNEXT NETWORK

Connext is a network for fast, trustless communication between chains and rollups. It is the only interoperability system of its type that does this cheaply and quickly without introducing any new trust assumptions. Connext is aimed at developers who are looking to build bridges and other natively cross-chain applications. To date, over $1.5b in transactions have crossed the network.

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RESOURCES

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