Ledger Live integrates its first DeFi platform, ParaSwap Cr | DeFi Protocol

Ledger Live integrates its first DeFi platform, ParaSwap

Cryptocurrency hardware wallet maker Ledger has integrated its first decentralized finance (DeFi) platform, ParaSwap, into its Ledger Live app.

The integration allows Ledger Live users to exchange Ethereum blockchain tokens through ParaSwap without leaving their wallets.

ParaSwap is a decentralized exchange (DEX) aggregator that supports various DeFi protocols, including Uniswap, Sushiswap, Balancer and Curve.

When asked why Ledger chose ParaSwap over other similar platforms such as 1inch, Ledger's chief product promotion officer Ian Rogers told The Block that the aggregator offers an "easy-to-use interface." Both Ledger and ParaSwap are based in Paris, France.