Binance and Huobi Backed Crypto Aggregator OpenOcean Announces Polygon Aggregation – Crypto Briefing


OpeanOcean is heading to Polygon.

OpenOcean Now Integrates Polygon

OpenOcean, a leading CeFi and DeFi full crypto aggregator that supports interoperability across multiple networks, is delighted to announce the aggregation of Polygon to expand its trading universe and offer users the best prices with low slippage.

The decision to incorporate Polygon aggregation was set forth by the OpenOcean’s community. OpenOcean asked its community on Twitter which network they wanted to see aggregated next, and a total of 48.7% out of the 44K+ votes were for Polygon, followed by Solana which received 32.2% of the votes.

Commenting on Polygon aggregation, OpenOcean co-founder Cindy said:

“We have come to learn that our DeFi users and traders have a strong preference for us to aggregate more open and powerful Ethereum-compatible blockchain networks that offer cheaper and faster transactions.”

Polygon is a protocol and a framework that overcomes the inherent issues of Ethereum such as slow speeds and high gas fees without sacrificing on security.

OpenOcean’s aggregation protocol sources liquidity and optimizes trades on DeFi and CeFi across major public blockchains such as Ethereum, Binance Smart Chain, TRON, Solana, and more.

Following the Polygon aggregation, traders will be able to use OpenOcean’s one-stop trading platform to source liquidity from Polygon exchanges and trade assets at the best prices and low slippage.

OpenOcean plans to organize trade mining to encourage users to transact on Polygon. It will be offering 100,000 of its native OOE tokens for those users who make transactions on Polygon via OpenOcean in the following 2 weeks.

In the coming weeks, OpenOcean will release cross-chain aggregations that enable users to trade and transfer assets across different chains and pairs. The transfer of assets between different public chains is possible through bridges and cross-chain protocols, such as Matic Bridge V2.

OpenOcean is the world’s leading full aggregator that serves as a bridge connecting the isolated islands in the currently fragmented DeFi and CeFi markets. It finds the best price, no additional fees, and lowest slippage for traders on aggregated CeFi and DeFi using a deeply optimized intelligent routing algorithm. The platform also provides API and arbitrage tools for users to do arbitrage transactions automatically.

Besides the aggregation of swaps, OpenOcean will continue to aggregate derivative, yield, lending, and insurance products and launch its own combined margin products and intelligent wealth management service.

For more information, visit the website or email [email protected] for media inquiries.

Website   |   Twitter   |   Telegram   |   Discord

Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. It is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component Polygon SDK is a modular and flexible framework that supports building and connecting Secured Chains such as Plasma, Optimistic Rollups, zkRollups, Validium, and Standalone Chains like Polygon POS.

Polygon’s scaling solutions have seen widespread adoption with over 400 Dapps, roughly 350 million transactions, and over 1.5 million unique users.

Website   |   Twitter   |   Reddit   |   Discord   |   Telegram

For more information, contact Phoebe at OpenOcean at [email protected]

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

Terra and Harmony Announce Tight Full-Stack Partnership Focused on Use…

Terra and Harmony have announced a full-stack partnership. Terra and Harmony Link Up True to our cross-chain and interoperability vision, today we’re announcing a deep integration and partnership with Terra,…

Former European Commissioner Phil Hogan Joins Astra Protocol Advisory …

Phil Hogan will advise Astra Protocol. Astra Protocol Expands Advisory Board Astra Protocol, a revolutionary legal layer that brings unparalleled assurance to public blockchains, is excited to announce that the…

Bybit Transformation: A Newer and Better Crypto Trading Experience

Bybit unveils a string of major improvements. Bybit Updates Trading Platform What a rollercoaster ride it’s been — and we still have six more months to go before turning a…

What is Kusama? How Polkadot’s playground accommodates blockchain de…

Kusama is relatively young and was founded in 2019 by Dr. Gavin Wood, who also founded the Web3 Foundation and co-founded Ethereum. The team behind Kusama is essentially the same…

You May Also Like

About the Author: Kate