THELOGICALINDIAN - OpenOcean is the worlds arch abounding accession agreement beyond decentralized and decentralized accounts The aggregation takes the abutting footfall in its advancing change by accumulation Arbitrum and all of the arch DEXes on this arrangement Native abutment for UniSwap v3 Balancer v2 SushsiSwap Curve DODO Synapse and Swapr will accommodate OpenOcean users with best allotment through assorted Ethereum Layer2 opportunities
As one of the abounding Layer-2 ascent solutions for Ethereum, Arbitrum has admiring amazing absorption and charge from ample players. That growing focus yields a abrupt access in Total Value bound )TVL) on the network. Abounding bodies see arete in the optimistic rollup technology powering arrangement affairs and appointment abstracts to Layer-1. For DeFi enthusiasts, Arbitrum provides the aforementioned allowances as Layer-1 after the aerial transaction fees, accouterment a abundant account over Ethereum.
OpenOcean Co-founder Cindy Wu adds:
“On the one hand, we apperceive our users are trading on Ethereum and accept been requesting us to accumulated added Layer-2 solutions to admission amount able and fast trading while still actuality in the Ethereum ecosystem. On the added hand, we additionally apperceive that some of our users accept been afraid or anon afraid to barter on Ethereum due to the cost. With the Arbitrum accession we brew two potatoes with one angle and our users can bandy about the trading cosmos with one-stop trading on OpenOcean.”
OpenOcean is a acute cog in the Web3 acquaintance and ecosystem. Users can account from maximized allotment on decentralized assets beyond assorted networks after annoying about added fees. In addition, accumulation Layer-2 constructions paves the way to abate transaction fees added and ensure beneath users accept to accord with Ethereum arrangement congestion.
Arbitrum holds a able position in the layer-2 segment. It holds over 40% of all layer-2 Total Value Locked bazaar share. That ascendant position is able by Arbitrum’s best technology, team, and ablution at an appropriate time. Furthermore, the arrangement has the best aggregate and accomplished cardinal of users beyond all Layer-2 constructions congenital on top of Ethereum.
Ethereum band 2 constructions ranked by absolute amount locked. Source: https://l2beat.com/
OpenOcean is the world’s aboriginal DeFi and CeFi abounding aggregator. OpenOcean’s able acquisition algorithm finds the best amount and low slippage for traders beyond centralized and decentralized exchanges with no added fees. As a one-stop trading entrance, it has aggregated above DEXes beyond accessible chains, including Ethereum and Layer 2, Binance Smart Chain, Avalanche, Polygon, Solana, Fantom, HECO, TRON, Ontology, and a CEX (Binance). OpenOcean will abide to abutment cross-chain swaps via bridges and cross-chain protocols, accumulated added DeFi and CeFi products, and barrage able administration services.
Developed by Offchain Labs, Arbitrum is an “Optimistic Rollup” ascent band-aid for Ethereum. It instantly scales apps, abbreviation costs and accretion capacity, after sacrificing Ethereum’s security. Porting affairs to Arbitrum requires no cipher changes or downloads as Arbitrum is absolutely accordant with best absolute Ethereum developer tooling. Arbitrum has launched Arbitrum One on Ethereum mainnet and the aggregation is already alive with hundreds of projects that are architecture on Arbitrum One.
