To help traders access deeper liquidity for more effective swaps, OpenOcean is collaborating with Cronos, the first EVM-compliant chain.
The Cronos chain, the first EVM-compatible chain built on the Cosmos SDK, allows for the rapid conversion of dApps and smart contracts from Ethereum’s EVM-compatible chains. Thus, Cronos helps to access more liquidity.
The Cronos DEX Collector with the Highest Efficiency
Most of the key liquidity sources of Cronos are integrated, including Annex, CronaSwap, VVS Finance, Ferro Protocol, MM Finance, and Crodex. Cronos offers greater returns than other DEXs or DEX aggregators based on numerous metrics, including better pricing, cheaper gas fees, and efficient routing, thanks to OpenOcean‘s advanced algorithm and deep liquidity resources.
For example, users receive $0.17 more from OpenOcean when they exchange $1,000CRO for $USDT on the platform than they would receive using any DEX directly.
When users use OpenOcean to trade larger amounts such as $1,000,000 CRO to $USDT, they get $7,838 more than they would get if they used a DEX directly. In short, the algorithm divides the routes into various DEXs to help determine the optimal routes for users to get the best exchange returns.
About OpenOcean
It is the most efficient DEX aggregator integrating large DEX in 17 blockchains. Moreover, OpenOcean‘s intelligent routing algorithm optimizes swaps for maximum returns and is completely free of charge.
About Cronos
With support for DeFi, NFTs, and the metaverse, it is the first EVM blockchain network to interact with both the Ethereum and Cosmos ecosystems. In Cosmos, developers can immediately move applications and digital assets to other chains. Thus, IBC assets are included at a reasonable cost, with high yield, and quickly.
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