OKX and Consensys have announced the launch of a new DEX aggregator for the MetaMask wallet that will provide users with higher trade execution speeds and reduced slippage.
Collaboration Between OKX and Consensys
The collaboration between OKX and Consensys has resulted in the creation of a DEX aggregator for MetaMask, granting access to liquidity from over 500 decentralized exchanges across 25 blockchains. According to Jeff Ren, founder of OKX Ventures, MetaMask's multichain strategy and the development of a blockchain ecosystem aimed at simplifying access align with the vision they are cultivating.
Introduction of MEV Protection in OKX Wallet
As part of the agreement, OKX Wallet has integrated Consensys' SERVO solution, which is designed to protect users from maximum extractable value (MEV) attacks. Consensys Chief Strategy Officer Jason Linehan noted that the integration of SERVO into OKX Wallet underscores the company's commitment to user safety.
New Security Measures Following Abuse
In response to an attempted abuse of the DEX aggregator by North Korea's Lazarus Group, OKX temporarily suspended its operations. In response, the company has implemented new security measures, including the blocking of suspicious addresses and warning alerts for risky transactions. These measures are supported by audits and an ongoing bug bounty program.
The partnership between OKX and Consensys marks an important step in ensuring the security and accessibility of decentralized finance, illustrating the growing interest in decentralized trading solutions.
