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Exchange Aggregator OpenOcean Enables Trading on Solana Network

DeFi traders using OpenOcean can now make swaps on Solana-based exchanges.

By Daniel Palmer

Updated May 9, 2023, 3:20 a.m. Published May 28, 2021, 4:07 p.m.

Crypto exchange aggregator OpenOcean has connected to the Solana blockchain ecosystem.

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Already available on Ethereum, Binance Smart Chain, Tron and Ontology, OpenOcean said it has added Solana due to the number of requests from users.
The protocol connects the decentralized and centralized exchanges on its supported networks and automatically seeks the best trades.
Today's news means traders in decentralized finance (DeFi) can make Solana swaps on OpenOcean, finding the best prices and with "minimal" slippage, according to a Friday announcement.
Solana describes itself to potential project builders as a "fast, secure, and censorship resistant blockchain." It's designed to "provide the open infrastructure required for global adoption," according to its website.
According to OpenOcean's website, it plans to integrate with a host of new networks in the future, including Polygon, Polkadot and Aave.

Exchanges DeFi Solana OpenOcean

Daniel Palmer

Previously one of CoinDesk's longest-tenured contributors, and now one of our news editors, Daniel has authored over 750 stories for the site. When not writing or editing, he likes to make ceramics.

Daniel holds small amounts of BTC and ETH (See: Editorial Policy).