Exchange Aggregator OpenOcean Enables Trading on Solana Network

DeFi traders using OpenOcean can now make swaps on Solana-based exchanges.

jwp-player-placeholder

Crypto exchange aggregator OpenOcean has connected to the Solana blockchain ecosystem.

  • Already available on Ethereum, Binance Smart Chain, Tron and Ontology, OpenOcean said it has added Solana due to the number of requests from users.
  • The protocol connects the decentralized and centralized exchanges on its supported networks and automatically seeks the best trades.
  • Today's news means traders in decentralized finance (DeFi) can make Solana swaps on OpenOcean, finding the best prices and with "minimal" slippage, according to a Friday announcement.
  • Solana describes itself to potential project builders as a "fast, secure, and censorship resistant blockchain." It's designed to "provide the open infrastructure required for global adoption," according to its website.
  • According to OpenOcean's website, it plans to integrate with a host of new networks in the future, including Polygon, Polkadot and Aave.

Read more: Binance Leads $2M Funding Round for Crypto Exchange Aggregator OpenOcean

RealFi 169 Image

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Why it matters:

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.