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Shanghai, June 17, 2022 (GLOBE NEWSWIRE) — Chainge Financea web 3.0 trading venue that currently supports 200+ crypto assets, has announced the launch of its unique cross-chain liquidity aggregator. Compounding as many as twenty decentralized exchanges [DEX] and nine chains + 1 liquidity aggregator – 1inch, the liquidity aggregator addresses two standout obstacles of the crypto market—the lack of an intuitive user interface and the absence of optimal liquidity.
Through their highly advanced liquidity aggregator, Chainge Finance can compound liquidity from an array of DEXes cross-chain, thus eliminating the need for traders to constantly check for the best prices on multiple exchanges and networks before transactions.
As the most liquid DEX on the market, Chainge Finance’s newfangled product guarantees the best prices.
The Cross-chain Liquidity Aggregator—How it Works
Chainge Finance’s liquidity aggregator facilitates cross-chain swaps seamlessly.
Once a user initiates a transaction request, perhaps swapping USDT for ETH, (regardless of the underlying chain), the Chainge aggregator algorithm explores all existing local databases comprising DEXes with supported chains for USDT and ETH pair. The algorithm returns the best DEX with the lowest rates for the USDT/ETH pair, then, employing cutting-edge technology, …
Full story available on Benzinga.com
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