▶️Introduction
An overview of OpenOcean
What is 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 dexs and splits the routes to provide traders the best prices with low slippage and fast settlement. Our platform is FREE to use. Traders will not get charge extra fee but only gas fee charged by the network.
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 continue integrating more dexs to deepen the liquidity.
Besides swaps, OpenOcean expands its products includes cross-chain swaps, limit order and DCA (Dollar-Cost Averaging), Stable yield earning and derivatives. OpenOcean provides an API and arbitrage tools for users to operate automated arbitrage strategies.
We are aiming to build an one-stop DeFi aggregator for all Web3 users to trade crypto in best price, maximize their returns, and manage their assets efficiently. Regardless of being a 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.
OpenOcean has launched its own token - OOE, serving as utility and governance token.
Cross-chain support
OpenOcean supports cross-chain swaps among Bitcoin and major public chains via bridge protocols and its aggregation protocol, enabling users to seamlessly get the best possible price.
Derivatives product aggregation
The protocol will expand product scope into derivatives both from DeFi 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 ecosystem and automate their asset management process.
All type of users coverage
OpenOcean will support all types of users. No matter if you are beginner or advanced 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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