A leading cryptocurrency exchange, OpenOcean Atlantic has outperformed returns by other leading DEX aggregators. This is a testament to the quality of their platform and the transparency they offer.
The OpenOcean Atlantic Outperforms Returns By Other Leading DEX Aggregators is a piece of news that highlights how openocean has outperformed returns from other leading DEX aggregators.
19th October 2021, Road Town, BVI
OpenOcean wants to be known as the finest place to go for low-cost cross-chain exchanges. Institutional investors are interested in its mix of margin pools for better capital efficiency and intelligent wealth management services. In the bitcoin realm, there is a huge ocean of liquidity, and OpenOcean allows anybody to dive straight in.
OpenOcean V2, called OpenOcean Atlantic, debuted with a slew of additional capabilities. Binance Smart Chain, Avalanche, Polygon, Solana, and Fantom are among the aggregated networks that operate OpenOcean Atlantic. OKExChain, Tron, Ontology, and Heco are also supported. We will support Ethereum in the future. Users will reap the benefits of increased returns that exceed any other DEX aggregator on the market. More significantly, all of these advantages are available at no cost.
To trade for the highest potential profits, OpenOcean Atlantic uses a better algorithm and protocol upgrade set. The program takes into account a variety of factors, including reduced prices, fewer gas fees and slippage, and improved routing. As a consequence, users no longer have to be concerned about these factors, as well as the possibility of increased costs from using other routes. OpenOcean Atlantic, on the other hand, will make sure you get the most out of each exchange.
The team put the OpenOcean Atlantic solution through its paces. On BSC, over 4,587 test cases were run to see whether the higher-than-expected results could be sustained. The results indicate that Atlantic outperforms the competition in 60% of instances, providing it a significant competitive advantage over other major DEX aggregators. To perform the testing, the OpenOcean team used its native solution, ParaSwap, and 1inch in various batches with varying transaction volumes across different blockchains. OpenOcean Atlantic consistently came out on top of the class, even when tests were run in simultaneously.
The team has improved the routing algorithm, home page, and roadmap in addition to the OpenOcean Atlantic update. The trading terminals will be updated in the near future and will include new functionality. Stop-loss and limit orders, for example, will be added to OpenOcean Atlantic in the future, eliminating the need for users to wait for specific market circumstances. Grid trading for risky assets is another potential feature to look forward to.
Additionally, OpenOcean’s products and services are always being tweaked and improved. The emphasis is on enhancing spot trading and derivative aggregation, two elements that will help traders across the world. The team is also looking at margin trading as a way to improve capital efficiency in this trading sector.
Since its launch in September 2020, OpenOcean has accomplished a number of milestones. The technological stack has been up and running for over a year and now connects 10 networks and more than 50 exchanges. Furthermore, the platform has over 350,000 active addresses. The native utility token, OOE, was introduced in July 2021 and is used for governance voting, trading functions and services, and liquidity provision.
OpenOcean is a DeFi and CeFi bridge that serves as a one-stop complete chain aggregation protocol. It breaks down the DeFi ecosystem’s fragmentation by providing consumers access to the whole crypto market via a single, user-friendly interface. Users have complete access to pooled liquidity and the most competitive price from a variety of centralized and decentralized exchanges.
Visit https://blog.openocean.finance/ for additional details.
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OpenOcean is a cryptocurrency trading platform that has outperformed returns by other leading DEX aggregators. Reference: openocean finance.
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