OpenOcean Atlantic to Enhance and Discontinue Ethereum DeFi on Nov 1

Road Town, British Virgin Islands, November 1, 2021,

OpenOcean Atlantic, the long-awaited update to OpenOcean, will air on the Ethereum network today, November 1, 2021. Users will benefit from maximum exchange rate returns that will take other DEX aggregators out of the water. Additionally, OpenOcean prides itself on its transparency regarding trading fees and providing an optimal user experience.

Open Sea has always aimed to allow users to get the best trading experience and rates for digital assets across multiple networks at no additional cost. Today, the project has become the ultimate cross-chain exchange and derivatives aggregation provider in the cryptocurrency space. By focusing on transparency, unlocking greater capital efficiency and smart asset management, OpenOcean prepares to take the next step in this ongoing journey.

next step is the launch of OpenOcean Atlantic. flagship product will bring more institutions to the vast ocean of crypto liquidity through multiple blockchains. Atlantic has a significant competitive advantage over other DEX aggregators in multiple cases through an improved algorithm and better sources of liquidity. Furthermore, its returns are much better than competing solutions on Ethereum thanks to the incorporation of several crucial parameters. For example, OpenOcean Atlantic offers better prices, lower gas rates, less slippage, and optimized routing between networks and currencies to maximize bottom-line returns.

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OpenOcean has been very successful on other blockchains, including Binance Smart Chain, Avalanche, Fantom, Solana, etc. first-mover advantage gained from exploring these new blockchains has helped the team establish its position in the broader DeFi industry. Bringing the solution to Ethereum strengthens OpenOcean’s position as a single destination for the best trading experience and pricing.

OpenOcean Atlantic’s Ethereum launch coincides with the ability for users to add tokens themselves on the trading interface. All you need is the token address to paste into the search bar and click the “Add” button. Be aware that some tokens may have low trading liquidity and transactions can have a significant impact on the price.

Through gas price defaults, users will have a smooth and efficient trading experience. Presets are taken down the chain to allow real-time adjustments without intervention. However, issuers can opt for a custom rate if they prefer that option.

se updates delivered to OpenOcean Atlantic mark an important milestone for the team. However, the work is not done, as more optimizations are on the horizon. OpenOcean will continue to achieve innovations and advancements by researching new techniques and algorithm optimizations to provide the best rates when trading.

One of the future solutions to consider is chain derivative aggregation. OpenOcean aims to address the derivatives market by providing access to more convenient trading and liquidity through AMMs and orders. All of these aspects help traders to take advantage of trading opportunities and implement trading strategies for both spot and derivatives trading. Additionally, subscribers to SaaS products will benefit from arbitrage trading opportunities and execute advanced strategies.

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About OpenOcean

OpenOcean is a full chain aggregation protocol that acts as a bridge between DeFi and CeFi. It eliminates the fragmentation that exists within the DeFi ecosystem by giving users access to the entire cryptocurrency market through a single, intuitive interface. Users enjoy full access to aggregate liquidity and the best prices from a wide range of centralized and decentralized exchanges.

For more information please visit: https://blog.openocean.finance/

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