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OpenOcean is expanding to include Fantom.
OpenOcean embraces a multi-chain future
OpenOcean, the world’s leading full DeFi and CeFi aggregation protocol, is pleased to announce the successful aggregation of Fantom, as well as its DEXs, SpookySwap, SpiritSwap, SushiSwap, and Curve. OpenOcean users will now have access to more trading opportunities at the best prices.
Just like the August Avalanche integration, OpenOcean’s decision to bundle Fantom was prompted by community votes and inquiries about Fantom-based assets. OpenOcean has amassed 10 networks and more than 45 DEX and CEXs since its inception in September 2020. It has over 300,000 active individual titles circulating on the platform.
Commenting on the Fantom compilation, OpenOcean co-founder Cindy said:
“Fantom is an exciting and scalable blockchain platform that has already spawned some of the most popular DEXs. For this reason, pooling OpenOcean and Fantom was a necessary step. We thank our community for bringing us here and look forward to offering more trading options at the best prices.”
Fantom’s open source smart contract platform has become a smart choice for developers due to its low cost, high transaction speed, and high decentralization. It enables developers to design secure, comprehensive, modular dApps.
Traders – both individual and institutional – can find the best deals for Fantom-based assets with the new Atlantic version of OpenOcean. The Atlantic upgrade optimizes trading to give users the best final returns after taking into account multiple factors including price, transaction cost, path and slippage.
Scheduled to launch in October 2021, the Atlantic Update will first roll out on Binance Smart Chain, Avalanche, Fantom, and Polygon, followed by Ethereum and Arbitrum.
Fantom is a fast, scalable, and secure Layer 1 EVM compliant platform built on the permissionless aBFT compliance protocol. On Fantom, transactions are confirmed in about one second and cost an average of one cent. Speed, low transaction costs, and high throughput make Fantom ideal for DeFi applications and real-world use cases.
The Fantom Foundation aims to build the infrastructure for a more democratic and efficient future while solving the challenges faced by legacy blockchain projects such as Bitcoin.
OpenOcean is the world’s first complete DeFi and CeFi aggregator. OpenOcean’s smart routing algorithm finds the best price and low slippage for traders across centralized and decentralized exchanges at no extra charge. As a comprehensive trading portal, it has aggregated major DEXes across public chains, including Ethereum, Layer 2, Binance Smart Chain, Avalanche, Polygon, Solana, Fantom, HECO, TRON, Ontology, and CEX (Binance). OpenOcean will continue to support cross-chain swaps across bridges and cross protocols, pool more DeFi and CeFi products, and launch smart management services.
For more information, please contact Cindy at [email protected] Or visit the site.
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