OKX and Consensys have announced a partnership aimed at enhancing DEX trading capabilities through the OKX Web3 wallet.
OKX and Consensys Partnership
OKX, one of the leading trading platforms, and Consensys, a provider of Ethereum-based services, are collaborating to improve the functionality of wallet-based DEXs. OKX will provide its trading API for integration into the MetaMask wallet.
MEV Technology and DEX User Protection
Consensys offers MEV protection technology for OKX wallet users, allowing for the prevention of MEV bot attacks on user transactions. "We’re glad to be working together on advancing practical user protections at scale. MEV remains a complex challenge for users and developers," said Consensys chief strategy officer Jason Linehan.
Future of DEX Trading and Web3
The partnership comes at a time when DEX activity is peaking, mainly within the Binance ecosystem. OKX aggregates over 500 DEXs with fast response times and enhanced cross-chain capabilities. "MetaMask users will immediately benefit from faster and more cost-efficient trading," said OKX Ventures founder Jeff Ren.
The collaboration between OKX and Consensys aims to create a secure and user-friendly ecosystem for DEX users while further developing the Web3 infrastructure.