Avalanche Added to DeFi Exchange Aggregator OpenOcean

The trading portal is adding Avalanche to its mix of networks.

AccessTimeIconAug 30, 2021 at 1:00 p.m. UTC
Updated Apr 10, 2024 at 3:18 a.m. UTC
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Avalanche is the latest base layer to be added to decentralized finance (DeFi) aggregator OpenOcean.

  • OpenOcean connects decentralized and centralized exchanges on its supported networks, automatically seeking the best trades.
  • The site has processed more than 970,000 transactions since its launch in September 2020 and claims to have 270,000 active unique addresses, a rough proxy of users in the pseudonymous world of DeFi.
  • OpenOcean added Ethereum layer 2 Polygon in July.
  • Avalanche and its native AVAX token have surged in recent weeks as DeFi users look to get a slice of $180 million in incentives on Benqi, SushiSwap and other decentralized lending platforms.
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    Jamie Crawley

    Jamie Crawley is a CoinDesk news reporter based in London.


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