OpenOcean

It’s with great pleasure to announce our first DAO-led integration for <a href="https://openocean.finance/" rel="noopener noreferrer nofollow">OpenOcean</a> with Aboard Exchange, allowing our users to access perpetual trading on Avalanche and Aribtrum via our site! By launching perpetual futures, it expands the offerings on our platform and provides more flexibility in the market for our extended-community of traders. We are confident we can help our users take full advantage of the fast-changing crypto industry.What is ‘<a href="https://perp.openocean.finance/futures/arbitrum/#/ETH-USDC" rel="noopener noreferrer nofollow">perpetual trading</a>’? Known as ‘perps, perpetuals or perp swaps’. Put simply, perps are market derivative futures contracts with no expiry date which were first pioneered by BitMEX. Perps involve trading crypto without actually buying or selling it. Instead, users can deposit collateral and enter into a perpetual swap contract that allows them to speculate on the price of the underlying token.<img src="https://miro.medium.com/max/770/0*GxtrPU5VOidxN2b4">Incentivising use of OOE for trading fees At launch we’ve implemented $OOE as the default payment option for trading fees (maker fee — 0.012% &amp; taker fee — 0.030%), If there is no $OOE deposited and available, $USDC will be used for the fees instead. The benefit of using $OOE for trading fees is that users can enjoy 20% off. I.e. If the trading fee is $1, and you use OOE, then the fee will be only $0.80 of $OOE deducted. We will be running this offer at launch and the rates may be subject to change in the future, however It’s still a great opportunity for any trader to use OOE for trading fees when considering trading perpetuals.Check out our OpenOcean perpetual trading tutorial <a href="https://docs.openocean.finance/products/perpetual-futures/how-to-do-perpetual-trading" rel="noopener noreferrer nofollow">here</a>.<img src="https://miro.medium.com/max/770/0*kb4b1Vmyf8I3-1xt">Aboard Exchange Trading Core Advantages By integrating the Aboard advanced trading core we’re able to offer perpetual trading on 15 different trending perpetual contracts with more to come in the future. With OpenOcean x Aboard, traders trading perpetual futures can enjoy multiple benefits such as multi-collateral trading with assets like USDT, ETH and wBTC, as well as leverage up to 25x. Perpetual futures traders will be able to tap into OpenOceans existing deep liquidity pools across Arbitrum and Avalanche networks and take advantage of the best rates 100% of time.With integrated futures integrated on <a href="https://perp.openocean.finance/futures/arbitrum/#/ETH-USDC" rel="noopener noreferrer nofollow">OpenOcean</a>, users can greatly expand their trading capabilities and take advantage of market movements and volatility by entering and exiting positions on their own terms. We’re very excited to be able to offer these new features to our community with help from Aboard Exchange.We hope to make <a href="https://openocean.finance/" rel="noopener noreferrer nofollow">OpenOcean</a> the one and only hub for everything crypto.Give it a try <a href="https://perp.openocean.finance/futures/arbitrum/#/ETH-USDC" rel="noopener noreferrer nofollow">here</a>!About OpenOceanOpenOcean is the most efficient DEX aggregator and cross-chain swap aggregator, integrating major DEXs across 19 blockchains. OpenOcean’s intelligent routing algorithm optimizes swaps for maximum returns and is completely free to use!<a href="https://openocean.finance/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/OpenOceanGlobal" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://t.me/OOFinance" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://t.me/OOFinanceAnn" rel="noopener noreferrer nofollow">Telegram Announcements</a> | <a href="https://discord.gg/openocean" rel="noopener noreferrer nofollow">Discord</a>

All Aboard: OpenOcean launches perpetual trading partnered with Aboard Exchange

OpenOcean

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