OpenOcean is a one-stop portal for crypto trading on decentralized exchanges and centralized exchanges. OpenOcean is a complete aggregator that uses deeply optimized intelligent routing algorithms to find the best prices and lowest slippages for traders on converged decentralized and centralized exchanges.
OpenOcean currently aggregates over 20 DEX of ethereum, BSC, Ontology and other chains, and plans to support DEX of Boca, Solana and even Ethereum Layer2 in the future. In addition, OpenOcean supports cross-chain between BSC and Ethereum and other public chains through Binance Bridge, and plans to work with Zenlink of Boca Ecology to realize the possibility of cross-chain convergence. That said, compared to current DEX aggregations, OpenOcean aggregations are broad in scope, supporting more chains, more DEX ecosystems, and even CEX to help users achieve a one-stop trading experience. Specifically, OpenOcean already supports Uniswap, Sushiswap, Curve, Balancer, etc on Ethereum; BSC currently supports Pancake, Bakery, StreetSwap, DODO, Julswap, etc. On the CEX side, OpenOcean has already aggregated Binance and plans to aggregate other CEX's in the future.
OpenOcean ConvergenceX can bring convenience to users. For example, users can compare prices between CeFi and DeFi, and complete transactions at lower prices in DEX or CEX according to their needs. Support arbitrage trading between DEX and CEX; Support token extraction to different public chains. When OpenOcean plans to aggregate multiple CEX's in the future, users will only need to log in with one account to participate in different CEX trading ecosystems instead of having to log in with multiple accounts.
OpenOcean uses a dynamic optimization algorithm, called D-Star's Optimized path algorithm, to try to find the best transaction path between different DEX. It also combines machine learning to dynamically optimize each node. To achieve real-time optimal prices and lower Gas costs.
In addition, unlike some aggregation protocols, OpenOcean does not currently charge its DEX users for the protocol. Transaction costs incurred on OpenOcean currently include gas charges and transaction fees. The gas fee is charged by the public chain and the transaction fee is charged by DEX. For example, for orders completed on Uniswap and Sushiswap, the transaction fee is charged by the DEX, while OpenOcean currently does not charge the transaction fee.