OpenOcean

Prominent web3 blockchains are all looking to the future to scale their own capabilities, provide new and more accessible opportunities for builders and lower the transactional cost barriers for everyday DeFi users. With <a href="https://opbnb.bnbchain.org/en" rel="noopener noreferrer nofollow">opBNB</a>, the on-chain possibilities for scaling and onboarding are almost infinite and OpenOcean is here to help propel the network forward by launching our highly capital efficient aggregation services on opBNB and building out an optimistic trade routing powerhouse.From BNB Chain to opBNB: <a href="https://finance.yahoo.com/news/binance-smart-chain-rebrands-bnb-091824225.html" rel="noopener noreferrer nofollow">BNB chain (formerly Binance Smart Chain)</a> was created by the 2022 merger of Binance Chain, which handled staking and governance, and BNB Smart Chain, an Ethereum-compatible smart contract platform started by CZ of Binance. Today, BNB chain is one of the most used blockchains in crypto, recently recording <a href="https://bscscan.com/chart/tx" rel="noopener noreferrer nofollow">almost 3 million daily transactions</a> and more than 1.4 million contracts in recent days. <a href="https://defillama.com/chains" rel="noopener noreferrer nofollow">BNB chain is consistently placed in the top 3 for TVL, active users, unique protocols and 24hr/volume.</a>Supporting opBNB: Gas fees on most L1’s are still too expensive for a lot of games and DeFi applications. A single game with 1 million daily active users could spend thousands of BNB on gas fees during peak periods. By reducing fees, the new EVM friendly network will ultimately help foster innovation and improve cross-platform and cross-chain composability, opening up the doors for innovative products to change our fundamental experience. With opBNB, Transaction rates of over 4,000ps are easily possible, with improved speed and efficiency for all users. The optimistic stack allows opBNB to reduce gas fees by over 90% based on gas prices of $0.005 for opBNB and <a href="https://ycharts.com/indicators/binance_smart_chain_average_transaction_fee_es" rel="noopener noreferrer nofollow">$0.084 on BNB chain recorded on 14th September, 23.</a><blockquote>“Scalability and security are the top priorities of opBNB… before opening the mainnet to the public, stringent criteria had to be met. High Availability (HA), 4K Transactions Per Second (TPS), rigorous stress testing, reduced gas costs under 0.2 gwei, fast finality under 1 second, and enhanced security with multiple external audits.” Arno Bauer — Digital Innovation and Project Manager, BNB chain</blockquote>OpenOcean on opBNB: OpenOcean is proud to offer our aggregation services on opBNB. By indexing the deepest liquidity sources from day 1, we’ve made sure to provide the absolute best possible platform experience for trading any token to any token on opBNB.With our dynamic intelligent v3 routing algorithm, liquidity is consistently sourced for the best possible prices to execute trades. As we’ve included the deepest liquidity sources on-chain we can pass that efficiency to our users… remember that you pay no fees when you trade on OpenOcean, just the gas. This helps to unlock doors for traders looking to utilize multiple different strategies such as arbitrage, market making and grid trading.Launch Partners: OpenOcean has teamed up with <a href="https://www.binaryswap.io/#/swap" rel="noopener noreferrer nofollow">Binary Swap</a> and <a href="https://luigiswap.finance/" rel="noopener noreferrer nofollow">LuigiSwap </a>at launch to to support deep liquidity and no/low-slippage trades at launch. This means that from day 1, OpenOcean users have the best possible trading advantage on-chain when trading on opBNB versus directly on the DEXes. OpenOcean is always looking to fix the problems with capital inefficiency and by teaming up with our trusted launch partners listed above, we are hoping to improve and provide the best service possible.To get started trading on opBNB follow these simple steps-1. Visit <a href="https://chainlist.org/chain/204" rel="noopener noreferrer nofollow">ChainList</a> with your compatible wallet to automatically import the network information 2. To get gas to your opBNB network wallet, you can either use a third party bridge or the <a href="https://opbnb-bridge.bnbchain.org/deposit" rel="noopener noreferrer nofollow">main network bridge</a> to transfer BNB, you should only need $1–2 for gas. 3. Once tokens are transferred you’re all set to go, simply head to <a href="https://app.openocean.finance/" rel="noopener noreferrer nofollow">app.openocean.finance </a>OpenOcean’s API &amp; SDK are now available on opBNB! We are very happy to introduce our very powerful <a href="https://docs.openocean.finance/dev/aggregator-api-and-sdk" rel="noopener noreferrer nofollow">API and SDK</a> which is now available for anyone to use for their own project on opBNB. You can use the latest version of our API to perform many different tasks from quoting prices and creating wallets to swapping and balance transfers. If you are a new builder on opBNB or thinking about launching support for your existing project, the OpenOcean advanced API or SDK might be just what you need.About OpenOcean OpenOcean is a leading DEX Aggregator, a cross-chain swap aggregator, and Web 3 middleware developer in the crypto space, offering a suite of tools across 30&#43; networks and 1000&#43; deep liquidity sources. OpenOcean is building a one-stop trading platform, to bring users the best swap return for decentralized crypto trading.<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://discord.gg/cxK6CCYcGp" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://coinmarketcap.com/community/profile/OpenOcean/" rel="noopener noreferrer nofollow">CoinMarketCap</a>

OpenOcean launches and perfects DEX aggregation on opBNB

OpenOcean

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