▢️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. Traders will not get charge extra fee but only gas fee charged by the network.

OpenOcean aggregates major decentralized exchanges across both EVM chains - Ethereum, Arbitrum, Base, OP, BNB Chain, Avalanche, Sonic, Monad, HyperEVM and more, and non-EVM chains such as Solana, Sui. We continue to expand more public chains and continue integrating more dexs to deepen the liquidity.

Besides swaps, OpenOcean expands its products includes limit order, DCA (Dollar-Cost Averaging), cross-chain swaps, Stable yield earning and Perpetuals. OpenOcean also serves as a middleware layer for Web3, offering Swap, DCA, Limit Order, and ZAP APIs that developers can use to build automated arbitrage bots, trading systems, dashboards, marketplaces, and other on-chain applications.

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, Solana 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 degen or advanced traders, OpenOcean is ready to use. The trading interface is user-friendly and smooth to use. For institutions, developers, or pro traders, OpenOcean provides API, SDK, Widget 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, OKX 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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