Introduction
OpenOcean is the most efficient DEX aggregator aggregation protocol for crypto trading that sources liquidity from DeFi markets and enables cross-chain swaps. Our intelligent routing algorithm finds the best prices from DEXes and splits the routes to provide traders the best prices with low slippage and fast settlement. The product is free to use; OpenOcean users only need to pay the regular blockchain gas and exchange fees for the trades, which are charged by the exchanges and not OpenOcean.
OpenOcean aggregates major exchanges (DEXes and CEXes) and across Ethereum, Layer 2s such as Arbitrum and Optimism, BNB Chain, Solana, Avalanche, Fantom and more, and is the first full aggregator on BNB Chain, TRON, Ethereum Layer 2, and Binance exchange. We continue to expand more public chains and decentralized exchanges based on the needs of the community.
Besides aggregation of swaps, OpenOcean will continue to aggregate derivatives products and launch its own intelligent wealth management services. OpenOcean provides an API and arbitrage tools for users to operate automated arbitrage strategies.
The vision is to build a full aggregator for crypto trading that increases capital efficiency and connects the isolated islands in the current fragmented DeFi and CeFi markets. Regardless of being a small 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 classes.
OpenOcean has its own token – OOE, which serves as a utility and governance token.
Overview
After heading to the openocean.finance website, users can choose between the Pro and Classic interfaces. The Classic interface provides the a similar UI to what users are already accustomed to from AMMs like Uniswap and SushiSwap.
The Pro interface, on the other hand, is closer to what one would expect from a cryptocurrency exchange.
In order to start trading, users have to connect their cryptocurrency wallet. OpenOcean supports 13 different wallets, including MetaMask, Wallet Connect, Trezor and Ledger.
The OpenOcean aggregator offers several customization options that users can adjust according to their preferences. Users can adjust their price tolerance, gas price, and which DEXes they would like to have included when OpenOcean is looking for the most efficient trade.
- Investors
- Funding
