OpenOcean expands one-stop trading with Gnosis Chain (formerly xDai Chain) aggregation
OpenOcean aggregate Gnosis Chain (formerly xDai Chain) for users to trade maximum returns on high-performance network
OpenOcean is an integral part of Web3, offering users maximum returns on digital assets across multiple networks without charging additional fees. However, as networks develop, some chains have struggled with network traffic and fee hikes. Today, we are excited to announce the expansion to Gnosis Chain (formerly xDai Chain) — a blockchain designed for fast and inexpensive transactions — along with the leading decentralized exchanges SushiSwap, Honeyswap, and Swapr.
“The cornerstone of OpenOcean has always been to help users trade maximum returns on digital assets across multiple networks without charging additional fees. We are thrilled to add the Gnosis Chain (formerly xDai Chain) aggregation as our community has been requesting this for some time already. We always like to support cost efficient high-performance networks that have a vibrant ecosystem of DeFi projects and liquidity — all this while still maintaining security for the users”
Cindy Wu — Co-founder of OpenOcean
OpenOcean goes live on Gnosis Chain (formerly xDai Chain) with its most recent upgrade — Atlantic version — which provides an algorithm optimized for maximum returns that cannot be found anywhere else.
OpenOcean Atlantic provides users with superior algorithm and protocol upgrades to optimize trading for the best returns based on multiple parameters, including better price, lower gas fee, lower slippage, and optimized routing to maximize final returns. This means that you do not need to worry about the tradeoff between the best price from using multiple routes and the higher gas fees that may come with it — OpenOcean Atlantic considers everything and offers you the best solution to get you the most out of each swap.
In production since 2018, the Gnosis Chain (formerly xDai Chain) is a stable-payments blockchain, providing fast, secure transactions with full interoperability and compatibility to the Ethereum Mainnet featuring a dual token model. The chain has provided a stable EVM environment for countless projects looking to scale and optimize transactions while maintaining Ethereum compatibility. The team is currently readying a beacon chain implementation designed to support Eth 2.0 with faster block and epoch times, permissionless bridges, and rollup integrations while serving as an essential canary network for the ecosystem as a whole.
Explore the vast Gnosis Chain ecosystem here: https://gnosischain.world/
Learn more about how to swap on Gnosis chain on OpenOcean here. Try it out now on openocean.finance!
OpenOcean is the world’s first DeFi and CeFi full aggregator. OpenOcean’s intelligent routing algorithm finds the best price and low slippage for traders across centralized and decentralized exchanges with no additional fees. As a one-stop trading entrance, we have aggregated major DEXes across public chains, including Ethereum and Layer 2, Arbitrum, BoBa, Binance Smart Chain, Avalanche, Fantom, Polygon, Solana, Gnosis (formerly xDai), HECO, OEC, TRON, Ontology, and a CEX (Binance). OpenOcean will continue to support cross-chain swaps via bridges and cross-chain protocols, aggregate more DeFi and CeFi products, and launch intelligent management services.