DeFi
OpenOcean is delighted to reveal the release and launch of the OpenOcean aggregation protocol on the Celo blockchain. Celo is a modern mobile-first carbon-negative and EVM-compatible blockchain. OpenOcean has successfully aggregated and indexed the deepest liquidity sources on Celo, including Curve, UniSwap V3, Ubeswap, and Mobius. Through this integration, both Celo and OpenOcean traders can now benefit from deeper liquidity and obtain the most competitive swap rates available on Celo.
OpenOcean’s competitive edge on Celo — the most efficient swaps
OpenOcean empowers traders to execute efficient swaps at the best available swap rates by integrating the deepest liquidity sources in the Celo ecosystem- there’s more than $35 million in Celo LP’s indexed and available for trading. OpenOcean is introducing its novel smart routing algorithm and TradingView suite to Celo. This means that, regardless of what you’re trading or the size of your trades, you’ll enjoy the same great benefits when swapping on the OpenOcean platform, including access to the best swap rates, highest capital efficiency, and a professional trading-overview with detailed charts and indicators.
Let’s look at a showcase trade on OpenOcean via the Celo chain. When traders try to swap 10,000 CELO/cUSD, OpenOcean helps save $37 on the purchases compared to using a Dex directly. Even without direct Dex or pool support for the token pair, OpenOcean can still help traders to make swaps, such as CELO/USDC. This example shows that OpenOcean can still help to find the best price across multiple-exchanges and save the end user time and money.
Build with OpenOcean on Celo — API & SDK are available
OpenOcean offers a detailed and easy-to-use API & SDK for individuals or project builders to develop workflow price quotes, token swaps, transfers, and price tracking. Our docs have all the information you need to start building and help you with the integration process. Our tech team is always on hand and standing by to help with any integration-related issues through our Discord support system or via Telegram.
Now, it’s time to give Celo a try on OpenOcean! Here is the detailed guide here to start!
About OpenOcean
OpenOcean is the widest reaching DEX Aggregator, a cross-chain swap aggregator, and Web 3 middleware developer in the crypto space. Offering a suite of tools across 23+ networks and 285+ unique sources of liquidity, OpenOcean is building tools for now and for the future. Experience what it’s like to trade with ease, the way that you want to with #OpenOcean.