OpenOcean

<p><strong>OpenOcean is delighted to reveal the release and launch of the OpenOcean aggregation protocol on the Celo blockchain.</strong> Celo is a modern mobile-first carbon-negative and EVM-compatible blockchain. OpenOcean has successfully aggregated and<strong> indexed the deepest liquidity sources on Celo, including Curve, UniSwap V3, Ubeswap, and Mobius. </strong>Through this integration, both Celo and OpenOcean traders can now benefit from deeper liquidity and obtain the most competitive swap rates available on Celo.</p><h2 id="header-0"><strong>Introducing the Celo Blockchain</strong></h2><p>Celo is the first open source Layer-1 blockchain built on top of Ethereum EVM to be fully carbon neutral. With significant efforts made to push for on-chain efficiency and network speed, Celo is establishing itself as a rising star in the everso-crowded Layer-1 world. Utilizing a unique consensus algorithm called ‘proof of stake with identity’ or ‘pos&#43;’ allows Celo the ability to be able to hyper-scale the network to attract new builders and new platforms.</p><h2 id="header-1"><strong>OpenOcean’s competitive edge on Celo — the most efficient swaps</strong></h2><p>OpenOcean empowers traders to execute efficient swaps at the best available swap rates by integrating the deepest liquidity sources in the Celo ecosystem- there’s more than $35 million in Celo LP’s indexed and available for trading. OpenOcean is introducing its novel smart routing algorithm and TradingView suite to Celo. This means that, regardless of what you’re trading or the size of your trades, you’ll enjoy the same great benefits when swapping on the OpenOcean platform, including access to the best swap rates, highest capital efficiency, and a professional trading-overview with detailed charts and indicators.</p><p>Let’s look at a showcase trade on OpenOcean via the Celo chain. When traders try to swap 10,000 CELO/cUSD, OpenOcean helps save $37 on the purchases compared to using a Dex directly. Even without direct Dex or pool support for the token pair, OpenOcean can still help traders to make swaps, such as CELO/USDC. This example shows that OpenOcean can still help to find the best price across multiple-exchanges and save the end user time and money.</p><p><img src="https://cdn-images-1.medium.com/max/1000/1*qSfu_tuRidYkXnRTV0OJFg.png" /></p><h2 id="header-2"><strong>Get started to trade on Celo with OpenOcean</strong></h2><p>It’s time to give Celo a try on OpenOcean. <strong>First, you need to have the native network token and gas token — $CELO. If you don’t have any, use the main <a href="https://docs.celo.org/protocol/bridge" rel="noopener noreferrer nofollow">bridge</a> to transfer your assets from other chains.</strong> Once you have $CELO in your wallet you can start trading! Bear in mind, unlike other blockchains, you have to approve $CELO first to proceed with $CELO related pairs’ trades. <strong>You can find a detailed guide <a href="https://docs.openocean.finance/swap/tutorial-swap-token/swap-on-celo" rel="noopener noreferrer nofollow">here</a> to start!</strong></p><h2 id="header-3"><strong>Build with OpenOcean on Celo — API &amp; SDK are available</strong></h2><p>OpenOcean offers a detailed and easy-to-use <a href="https://docs.openocean.finance/" rel="noopener noreferrer nofollow">API &amp; SDK</a> for individuals or project builders to develop workflow price quotes, token swaps, transfers, and price tracking. Our docs have all the information you need to start building and help you with the integration process. Our tech team is always on hand and standing by to help with any integration-related issues through our <a href="https://discord.gg/cxK6CCYcGp" rel="noopener noreferrer nofollow">Discord</a> support system or via <a href="https://t.me/OpenOceanAPI" rel="noopener noreferrer nofollow">Telegram</a>.</p><p><strong>About OpenOcean<br /></strong><a href="https://openocean.finance/" rel="noopener noreferrer nofollow">OpenOcean</a> is the widest reaching DEX Aggregator, a cross-chain swap aggregator, and Web 3 middleware developer in the crypto space. Offering a suite of tools across 23&#43; networks and 285&#43; unique sources of liquidity, OpenOcean is building tools for now and for the future. Experience what it’s like to trade with ease, the way that you want to with #OpenOcean.</p><p><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></p>

OpenOcean expands to Celo as its most efficient Dex Aggregator!

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