Connect with us

Technology

OKX First to Fully Incorporate Uniswap Labs API Into its DeFi Platform, Launches OKX DEX ‘Snap’ Trading Feature

Published

on

SINGAPORE, March 1, 2024 /PRNewswire/ — OKX, a leading Web3 technology company, and Uniswap Labs, one of the most trusted names in decentralized finance (DeFi), today announced that OKX is the first major industry player to fully integrate Uniswap Labs’ trading APIs into its offerings.

The integration includes the launch of the ‘Snap’ trading mode feature on OKX DEX to aggregate Uniswap’s industry-leading liquidity.

OKX DEX’s ‘Snap’ trading mode feature allows users to swap tokens on Ethereum quickly and intuitively without incurring any gas fees. The ‘Snap’ feature operates directly on the OKX DEX interface via Uniswap Lab’s UniswapX protocol. UniswapX is a new permissionless, open-source protocol for trading across public and private automated market makers (AMMs) and other liquidity sources.

The protocol is designed to offer better prices by providing users access to additional liquidity and gas-free token swaps. Additionally, it eliminates costs associated with failed transactions and prevents maximum extractable value (MEV).

UniswapX’s unique design enhances the reliability and security of DeFi transactions, while optimizing prices. OKX’s Web3 users can trade using the UniswapX protocol by selecting ‘Snap’ in the ‘Trading Mode’ section on the OKX DEX platform.

The integration provides a comprehensive DeFi experience that enhances decentralized exchange transactions’ reliability and security, offering a more intuitive trading experience for users.

OKX Chief Innovation Officer Jason Lau said: “This strategic integration with Uniswap Labs improves the DeFi experience for OKX users and we’re extremely pleased to be the first to offer UniswapX to a wider Web3 audience. UniswapX makes available an entirely new type of liquidity to OKX DEX users, and they will be able to benefit from even better pricing and execution. As UniswapX develops, we’re eager to expand our support and add cross-chain support at a later date.”

Uniswap Labs Chief Operating Officer Mary-Catherine Lader said: “Uniswap Labs’ smart contract expertise has transformed blockchain-based markets. UniswapX brings benefits of on-chain trading to more users, and is key to growing that foundation. We’re excited to bring deeper liquidity and gas savings, as well as the future of cross-chain swaps, to OKX users.”

In addition to the Snap feature, OKX DEX also allows users to swap and bridge tokens via its ‘Auto’ trading mode feature. This feature uses OKX’s ‘X Routing’ smart aggregator algorithm, which identifies the best trading route across more than 400 DEXs, taking into account prices, slippage and network fees in multi-chain and cross-chain scenarios.

At the same time, thanks to the Ethereum upgrade EIP-6963 (Multi-Injected Provider Discovery), it will be easier for OKX users to find their wallet in the Uniswap interface. The change applies to all browser extension wallets, and makes the user experience much better for anyone who uses multiple wallets. Now users can connect their OKX Wallet directly with the Uniswap web interface by clicking ‘Launch App’ and then ‘Connect Wallet.’ After connecting with Uniswap, users can swap tokens, trade NFTs, buy crypto, earn through liquidity pools and build DApps using their OKX Wallet assets on Uniswap.

For more about UniswapX and its security benefits, visit www.okx.com/learn/what-is-uniswap.

For further information, please contact:
Media@okx.com

About OKX

A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:

OKX Wallet: The world’s most powerful and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, ‘written down’ seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.DEX: A multi-chain, cross-chain decentralized exchange aggregator of 400+ other DEXs and approximately 20 bridges, with 200,000+ coins and more than 20 blockchains supported.NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.

OKX partners with a number of the world’s top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.

As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.

To learn more about OKX, download our app or visit: okx.com

About Uniswap Labs
Uniswap Labs is the largest on-chain marketplace for digital assets and the most trusted name in DeFi. The Uniswap Protocol is the leading source of liquidity across DeFi, processing $1.7 trillion in lifetime volume. Uniswap Labs builds products that allow users to easily and safely access DeFi, including the Uniswap web and mobile apps and UniswapX. Uniswap Labs makes swapping simple — anytime, anywhere. Learn more at app.uniswap.org/swap.

Disclaimer

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/okx-first-to-fully-incorporate-uniswap-labs-api-into-its-defi-platform-launches-okx-dex-snap-trading-feature-302076146.html

SOURCE OKX

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Gentoo Media – Mandatory notification of trade

Published

on

By

ST JULIANS, Malta, Nov. 14, 2024 /PRNewswire/ — MJ Foundation Fundacja Rodzinna, a company related to Mateusz Juroszek, Board Member and primary insider of Gentoo Media Inc. (Gentoo) has today acquired 115,604 shares in Gentoo at a price of SEK 24,996 per share. After this transaction, close associates of Mateusz Juroszek hold 24,027,766 shares in Gentoo.

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

For further information, contact:
Tore Formo, Group CFO, tore.formo@g2m.com, +47 91668678

About Gentoo Media

Gentoo Media is a market-leading affiliate connecting operators and players in the online gambling and sports betting industry. Gentoo Media offers an array of iGaming affiliate solutions, such as paid marketing expertise and quality traffic through our prominent industry sites including AskGamblers, Time2Play, CasinoTopsOnline, WSN and Casinomeister. In 2024, Gentoo Media (formerly GiG Media) became Gentoo Media Inc. following a legal split separating the Media and Platform and Sportsbook business in Gaming Innovation Group (GiG) into two independently listed companies. Gentoo Media Inc. is dual listed on the Oslo Stock Exchange (ticker “G2MNO”) and Nasdaq Stockholm (ticker “G2M”). www.gentoomedia.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/gentoo-media-inc/r/gentoo-media—mandatory-notification-of-trade,c4066199

View original content:https://www.prnewswire.co.uk/news-releases/gentoo-media—mandatory-notification-of-trade-302305030.html

Continue Reading

Technology

Xinhua Silk Road: World IoT expo 2024 opens in E. China’s Wuxi to showcase future of smart connectivity

Published

on

By

BEIJING, Nov. 14, 2024 /PRNewswire/ — The World Internet of Things (IoT) Exposition 2024 kicked off on Monday in Wuxi City of east China’s Jiangsu Province, attracting industry leaders, representatives of enterprises and experts from across the globe to discuss industry trends and demonstrate innovative applications.

At the expo’s opening ceremony, Wuxi unveiled a national pilot project in intelligent connected vehicles, which aims to create a cohesive mode for car owners, vehicles and cities connection, contributing Wuxi’s expertise to smart vehicle initiatives.

Additionally, a new smart sensing chip engineering center was launched, representing an investment of over 1 billion yuan and focusing on high-density large-scale substrates and other advanced chip technologies to strengthen the city’s integrated circuit development.

The event also saw the release of several major IoT research achievements, including the 2024 IoT innovation development Taihu index and the 2024 white paper on advanced sensing technology and applications.

The three-day event features exhibitions, panel discussions, and thematic sessions that showcase the latest development in IoT innovations and applications. This year’s expo is poised to drive Wuxi’s high-quality growth in IoT while promoting global tech collaboration and knowledge sharing in the IoT field.

Wuxi has become a navigator of the IoT industry in China. The latest statistics show that in 2023, the scale of the IoT industrial cluster in Wuxi surpassed 450 billion yuan, taking the lead in Jiangsu Province.

Original link: https://en.imsilkroad.com/p/343117.html

SOURCE Xinhua Silk Road

Continue Reading

Technology

Agoda Highlights Five Urban Hikes for Adventurous Travelers

Published

on

By

SINGAPORE, Nov. 14, 2024 /PRNewswire/ — Digital travel platform Agoda introduces five urban hikes across Asia, offering travelers a chance to experience the perfect blend of city life and nature. These hikes, ranging from family-friendly to more challenging trails, provide an unmatched perspective on some of Asia’s most dynamic cities.

Whether it’s Elephant Hill in Taipei, with its stunning views of the Taipei 101, or Hong Kong’s famous Dragon Back, active travelers are in for a treat when embarking on these city hike adventures.

Andrew Smith, Senior Vice President, Supply at Agoda said: “Asia is special to have so many incredible hike routes right in the heart of these popular cities. The five highlighted hikes are just a sample of the many breathtaking city trails the continent has to offer. Adventurous travelers will want to try them all and thankfully Agoda helps make travel affordable with great value deals on over 4.5 million properties globally.”

These are the five city hikes, ranked from easiest to most challenging:

Kuala Lumpur’s Bukit Nanas Forest Reserve offers a unique experience of trekking through a tropical rainforest right in the city center. The trail is relatively easy, with well-marked paths and informative signboards about the local flora and fauna, making it a great choice for families and nature enthusiasts.

Elephant Hill in Taipei offers a short but rewarding climb. The trail is well-maintained and provides stunning views of Taipei’s skyline, including the famous Taipei 101. It’s an ideal spot for those looking to enjoy a quick escape into nature without straying far from the city.

In Singapore, the Southern Ridges trail offers a moderate hike through a series of interconnected parks and gardens. Spanning 10 kilometers, this trail provides a lush green corridor amidst the urban environment, with highlights including the Henderson Waves bridge and panoramic views of the city.

Namsan in Seoul presents a slightly more challenging hike, leading to the N Seoul Tower. The trail is popular among locals and tourists alike, offering a mix of natural beauty and cultural landmarks, with several routes to choose from depending on the desired difficulty level.

Finally, Hong Kong’s Dragon’s Back is a favorite for its breathtaking views of the coastline and the South China Sea. This moderately challenging hike is known for its undulating ridges and scenic vistas, providing a rewarding experience for those willing to tackle its ups and downs.

In each of these city hike destinations, Agoda offers great value accommodation. In addition to holiday properties, Agoda’s 130,000 flight routes and 300,000 activities ensure the platform is the one-stop travel solution to help booking an entire trip. The latest Agoda deals can be found in the Agoda app or on agoda.com/deals.

— ENDS —

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/agoda-highlights-five-urban-hikes-for-adventurous-travelers-302304670.html

SOURCE Agoda

Continue Reading

Trending