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OpenOcean

OpenOcean is the most efficient DEX aggregator protocol for crypto trading that sources liquidity from DeFi markets and enables cross-chain swaps. Our intelligent routing algorithm finds the best prices from DEXes and splits the routes to provide traders the best prices with low slippage and fast settlement. The product is free to use; OpenOcean users only need to pay the regular blockchain gas and exchange fees for the trades, which are charged by the exchanges and not OpenOcean. OpenOcean aggregates major decentralized exchanges across Ethereum, Layer 2s such as Arbitrum and Optimism, BNB Chain, Solana, Avalanche, Fantom and more, and is the first DEX aggregator on BNB Chain, Avalanche, Fantom, Solana and Gnosis. We continue to expand more public chains and decentralized exchanges based on the needs of the community. Besides aggregation of swaps, OpenOcean will continue to aggregate derivatives products and launch its own intelligent wealth management services. OpenOcean provides an API and arbitrage tools for users to operate automated arbitrage strategies. The vision is to build a full aggregator for crypto trading that increases capital efficiency and connects the isolated islands in the current fragmented DeFi and CeFi markets. Regardless of being a small individual investor or large institution, everyone should have the opportunity to trade at the best prices and apply their own investment strategies to various crypto asset classes. OpenOcean has its own token - **OOE**, which serves as a utility and governance token. ### What is a Full Aggregator? Full aggregation means one-stop services that search DeFi and CeFi markets to find and optimize the best trading options for all types of crypto assets across various public blockchains. **_Cross-chain support_** OpenOcean supports cross-chain swaps between the aggregated public chains via cross-chain protocols and will support direct cross-chain transactions once the infrastructure matures. **_Connecting DeFi and CeFi through CeFi trading aggregation_** We are continuously aggregating value by adding exchanges. Users with large orders will automatically optimize the best route between markets to execute transactions at the best price across DEXes and CEXes. **_Derivatives product aggregation_** The protocol will expand product scope into derivatives both from DeFi and CeFi markets based on user needs. We are planning to build products to support the aggregation of on-chain derivatives and act as a one-stop-shop for derivatives traders to help facilitate arbitrage and CTA trading strategies for various products, such as perpetual futures and options. In addition, OpenOcean will also provide intelligent investment services to help users participate in the DeFi and CeFi ecosystem and automate their asset management process. **_Full user coverage_** OpenOcean will support not only DeFi but also CeFi users. No matter if you are beginner or professional traders, OpenOcean is ready to use. The existing interface is user-friendly and completely free for users. For funds and professional traders, OpenOcean provides an API and customized trading interface services to assist investment institutions in developing trading strategies such as quantitative arbitrage. ### Investors We have completed strategic investment and private placement fundraising by well-known industry investors. The strategic round investment is led by Binance, and other strategic investors include Multicoin Capital, LD Capital, CMS, Kenetic, and Altonomy. In the private round, the investors were Altonomy, LD Capital, DAOMaker, OKEx Blockdream Ventures, AU21, FBG, the TRON Foundation, Asymmetries Technologies, and LIAN Group. In July 2021, Huobi Ventures Blockchain Fund also made a strategic investment in OpenOcean.



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Categories: Aggregator, Multiple Chains

Tags: Aggregator, Multiple Chains