Exchange Aggregator OpenOcean Enables Trading on Solana Network

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

May 28, 2021 at 4:07 p.m. UTC
Updated Sep 14, 2021 at 1:03 p.m. UTC

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.
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