DEX aggregator OpenOcean enables cross-chain swaps across major networks
Decentralized exchange (DEX) aggregator OpenOcean has announced the rollout of its new interoperable “all-in-one” cross-chain swap platform, which allows users to swap and bridge assets across Ethereum, BNB Chain, Polygon, Arbitrum, Avalanche and Fantom. OpenOcean said it has integrated Celer Bridge and the Multichain bridge within its platform to provide users with competitive rates across the supported chains. The DEX aggregator, which supports over 1,100 cryptocurrencies across multiple chains, seeks to offer competitive cross-chain swap returns based on various calculations including pricing structure, gas fees, slippage and different optimized trade routes. DEX aggregators are vital to the cryptocurrency ecosystem because they allow users to swap and bridge assets across multiple blockchain networks, which allows for more flexibility and interoperability within the space.
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