Leading Web3 technology company OKX has announced a collaboration with trusted DeFi firm Uniswap Labs. OKX has become one of the first major builders to fully integrate Uniswap Labs’ trading API into its own products.
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OKX DEX Introduces Intent Centric Trading
OKX Fully Integrates Uniswap Features
OKX: Enhancing the DeFi Experience with Uniswap Labs Integration
The integration primarily involves the launch of the intent centric trading mode on OKX DEX, which aggregates liquidity through UniswapX. The intent trading mode on OKX DEX allows users to quickly and intuitively exchange tokens on the Ethereum network without incurring any gas fees. The intent feature is executed directly on the OKX DEX interface through Uniswap Labs’ UniswapX protocol. UniswapX is a permissionless open-source protocol used for trading between public and private automated market makers (AMMs) and other liquidity sources.
The protocol aims to provide users with better pricing by offering new liquidity and gas-free swaps. Additionally, the protocol eliminates costs associated with failed transactions and prevents maximum extractable value (MEV).
OKX Wallet also integrates with Uniswap, allowing users to log in to their OKX Wallet directly from the Uniswap interface by clicking “Launch App” and “Connect Wallet.” Once logged in through Uniswap, users can exchange tokens, trade NFTs, purchase cryptocurrencies, earn profits through contributing to liquidity pools, and utilize their OKX Wallet assets on Uniswap to build DApps.
The unique design of UniswapX enhances the reliability and security of DeFi transactions while optimizing pricing. OKX’s Web3 users can choose the “Intent Mode” with UniswapX protocol for trading in the “Trading Mode” section of the OKX DEX platform.
This integration offers a comprehensive decentralized finance experience, enhancing the reliability and security of decentralized exchanges and providing users with a more intuitive trading experience.
Jason Lau, Chief Innovative Officer of OKX, stated, “The strategic integration with Uniswap Labs improves the decentralized finance experience for OKX users, and we are delighted to be the first company to offer UniswapX services to a wider Web3 audience. UniswapX provides OKX DEX users with new liquidity, allowing them to obtain better pricing and more profit opportunities. With the development of UniswapX, we hope to continue expanding our team’s support in cross-chain fields in the future.”
Mary-Catherine Lader, COO of Uniswap Labs, said, “The smart contract expertise of Uniswap Labs has revolutionized the blockchain-based market. UniswapX brings the benefits of on-chain trading to more users and is crucial to expanding this foundation. We are excited to bring deeper liquidity to OKX users, save on gas fees, and open up new possibilities for cross-chain transactions.”
In addition to the intent trading feature, OKX DEX allows users to exchange and bridge tokens using its “Smart Trade” mode. This feature utilizes OKX’s “X Routing” smart aggregator algorithm, which identifies the best trading path among over 400 DEXs, considering prices, slippage, and network fees in multi-chain and cross-chain scenarios.
Furthermore, thanks to the Ethereum EIP-6963 upgrade, OKX users can now conveniently connect their wallets on the Uniswap interface. This change applies to all browser extension wallets and significantly enhances the user interaction. Users can now click “Launch App” and then “Connect Wallet” to directly link their OKX Wallet with the Uniswap interface. Once connected to Uniswap, users can exchange tokens, NFTs, purchase cryptocurrencies, earn profits through liquidity pools, and utilize their OKX Wallet assets on Uniswap to build DApps.
For more information on UniswapX and its security advantages, please visit www.okx.com/learn/what-is-uniswap.
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