Intelligent trades arrive on Telos: Expanding trading potential with OpenOcean

August 11 12:14 2023
Intelligent trades arrive on Telos: Expanding trading potential with OpenOcean
OpenOcean, the leading multi-chain middleware developer and web3 aggregator, is thrilled to announce the successful deployment and integration of aggregation services on Telos, the new carbon-neutral EVM-compatible DPoS network.

OpenOcean, the leading multi-chain middleware developer and web3 aggregator, is thrilled to announce the successful deployment and integration of aggregation services on Telos, the new carbon-neutral EVM-compatible DPoS network. Building upon OpenOcean’s track record of deploying smart routing across multiple blockchains, this latest release further reinforces OpenOcean’s commitment to realising an interconnected multi-chain future. By extending the ‘best-in-class’ efficient aggregation services to the Telos blockchain, OpenOcean continues to pave the way for innovation and value within the web3 ecosystem and looks forward to welcoming a bright and vibrant new community. 

OpenOcean has integrated the largest DEXs and liquidity pools on-chain to enhance every user’s trade experience. With deep liquidity, a full ‘familiar’ charting suite complete with tools and indicators and the best on-chain value possible, OpenOcean hopes to work with the OpenOcean x Telos launch partners to aid in rolling out the best trade experience to all Telos users. Initial liquidity has been sourced from the biggest and most trusted sources on Telos with OmniDex and SwapSicle live from day one. 

The routing algorithm powering OpenOcean swaps has now been deployed on Telos. Real-time intelligent algorithmic route-splitting analyses and compares multiple parameters including price, slippage, gas and pool fees to determine the most efficient swap routes. OpenOcean is often the most trustworthy choice for users looking to maximise returns when trading on Telos. 

In addition to ground-breaking swap functions, OpenOcean offers a robust industry leading API and SDK which has now been made available on Telos for individuals and platforms to integrate. Using the OpenOcean API/SDK is the best head-start to any new platform, dApp or individual looking to supercharge their build on Telos. The API/SDK has the potential to dramatically change and ‘level-up’ partner platforms and those who choose to integrate. About OpenOceanOpenOcean is a leading DEX Aggregator, a cross-chain swap aggregator, and Web 3 middleware developer in the crypto space, offering a suite of tools across 30+ networks and 1000+ deep liquidity sources. OpenOcean is building a one-stop trading platform, to bring users the best swap return for decentralized crypto trading.

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