OpenOcean Polygon — the world's first full aggregation protocol for cryptocurrency trading that receives liquidity from DeFi and CeFi and enables cross-chain swaps. An intelligent routing algorithm finds the best DEX and CEX prices and splits routes to provide traders with the best prices with low slippage and fast settlement. The feature is free to use, OpenOcean users only need to pay the regular blockchain gas fees and exchange fees for transactions that are charged by exchanges, not OpenOcean.
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Operation of the OpenOcean Polygon site
OpenOcean brings together major exchanges (DEX and CEX) and Ethereum, Ethereum Layer 2 such as Loopring and Polygon, Binance Smart Chain, Solana, HECO, Ontology, TRON and is the first complete aggregator on BSC, TRON, Ethereum Layer 2 and Binance. In addition to aggregating swaps, OpenOcean will continue to aggregate financial derivatives, yields, credit and insurance products, and will launch its own blended margin products and smart money management service.
The goal is to create a complete cryptocurrency trading aggregator that will increase capital efficiency and become a bridge connecting isolated islands in the current fragmented DeFi and CeFi markets. Whether they are a small individual investor or a large institution, everyone should be able to trade at the best prices and apply their own investment strategies. OpenOcean has its own token, OOE.
Features of the decentralized finance exchange:
| Cross-chain support | OpenOcean supports cross-site swaps between aggregated public networks over internetworking protocols and will support direct internetworking transactions as the infrastructure matures. |
| Connecting DeFi and CeFi through CeFi trade aggregation | The team is constantly bringing together value-added exchanges and users with large orders will automatically optimize the best route between markets to execute transactions at the best price through both DEX and CEX. |
| Derivatives, lending and aggregation of insurance products | Depending on the needs of the users, the protocol will expand the scope of the product to derivatives from both DeFi and CeFi. |
Full aggregation means versatile services, looking for DeFi and CeFi to find and optimize the best trading options for all types of cryptoassets, on DEX and CEX, on true public blockchains.
More about the Open Ocean crypto exchange
You can get more information about the site through a special introductory document. Thus, you can clarify the details of the project at any time. The RoadMap section outlines a plan for further development until 2022. Upcoming innovations are worth highlighting: the creation of aggregate DeFi Yield and Lending products, the continued aggregation of CeFi derivatives such as Vanilla Options, a cross-exchange combined margin pool.
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