• OpenOcean Atlantic will improve and disrupt Ethereum DeFi

  • The long-awaited OpenOcean Atlantic upgrade will go live on the Ethereum network today, November 1, 2021. Users will benefit from maximum returns on swap rates that outperform other DEX aggregators. Furthermore, OpenOcean takes pride in being transparent about trading fees and providing an excellent user experience.

    OpenOcean has always strived to provide users with the best trading experience and rates for digital assets across multiple networks without charging any additional fees. Today, the project has established itself as the best provider of cross-chain swaps and derivatives aggregation in the cryptocurrency space. OpenOcean is preparing to take the next step in this ongoing journey, with a focus on transparency, unlocking greater capital efficiency, and intelligent wealth management.

    The next step is to launch OpenOcean Atlantic. The flagship product will introduce more institutions to the vast ocean of crypto liquidity available across multiple blockchains. Through an improved algorithm and better liquidity sources, Atlantic has a significant competitive advantage over other DEX aggregators in more cases. Furthermore, due to the incorporation of various critical parameters, its returns are far superior to competing solutions on Ethereum. To maximize final returns, OpenOcean Atlantic, for example, offers better pricing, lower gas fees, less slippage, and optimized routing across networks and currencies.

    OpenOcean has had tremendous success on other blockchains such as Binance Smart Chain, Avalanche, Fantom, Solana, and others. The team was able to establish its position in the broader DeFi industry thanks to the first-mover advantage gained by exploring these new blockchains. The addition of the solution to Ethereum strengthens OpenOcean’s position as the one-stop shop for the best trading experience and pricing.

    The Ethereum launch of OpenOcean Atlantic coincides with the ability for users to manually add tokens to the trading interface. All that is required is to paste the token address into the search bar and click the “Add” button. Remember that some tokens may have limited trading liquidity, and transactions may have a significant price impact.

    Users will have a smooth and efficient trading experience thanks to gas price presets. Presets are loaded onto the chain to allow for real-time adjustments without human intervention. Issuers, on the other hand, have the option of charging a custom fee if they prefer.

    These enhancements in OpenOcean Atlantic represent a significant achievement for the team. However, the work is far from done, as more optimizations are on the way. OpenOcean will continue to innovate and make breakthroughs by researching new techniques and algorithm optimizations to provide the best trading rates.

    On-chain derivatives aggregation is one of the future solutions to look forward to. OpenOcean’s strategy for the derivatives market is to provide access to the best-priced trades and liquidity across AMMs and order books. All of these factors assist traders in identifying trading opportunities and executing trading strategies for both spot and derivatives trading. Furthermore, SaaS product subscribers will benefit from arbitrage trading opportunities and will be able to implement advanced strategies.

    Concerning OpenOcean

    OpenOcean is a full-chain aggregation protocol that serves as a link between DeFi and CeFi. It eliminates fragmentation within the DeFi ecosystem by providing users with access to the entire crypto market through a single, user-friendly interface. Users have complete access to aggregated liquidity and the best pricing from a variety of centralized and decentralized exchanges.

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