BSC and Fantom Network are now live on Dexible

Published on: 27.02.2022

This version introduces Binance Smart Chain and Fantom liquidity pools to the execution management system. This brings Dexible’s total liquidity sources integrated up to 57.

Integrating new networks means more dex liquidity can be accessed through the Dexible aggregator. The UI and SDK have been updated to enable more tokens on these networks to be swapped. Alt chains possess some competitive advantages for early-stage projects bootstrapping liquidity. These advantages come with a higher potential for price risk, rapid up and down swings in price rates, and available liquidity. This is where Dexible shines. Dexible specializes in low liquidity environments across these networks by automatically applying order splitting to the parent order and subsequently timing child transactions of that order across several rounds.

Both BSC and Fantom’s Opera chain are EVM compatible. The Ethereum Virtual Machine is the market leader for runtime execution of smart contracts, essentially allowing Solidity programming to compile into standard assembly code (aka bytecode) that would be interpreted by computers servicing the network to act on the logic. The most successful dapps are deployed on networks and alt-L1s that target the EVM. This is why alt L1s prioritize launching their own EVM-compatible chain on their protocol (MetisDAO).

Dexible

Dexible routes across 57 liquidity sources and has processed over 12k transactions and $400m in cumulative trading volume. With new integrations of BSC and Fantom, we’re excited to share the next stages of our growth in stewarding the future of multichain DeFi coexistence