OKX Introduces Uniswap Labs API into OKX DeFi, Launches OKX DEX with Intent Centric Trading
Global Web3 technology company OKX and trusted DeFi company Uniswap Labs have jointly announced that OKX has become one of the first major builders to fully integrate Uniswap Labs’ trading API into its own products.
Contents
Toggle
Launch of OKX DEX Intent Centric Trading
OKX’s comprehensive integration of Uniswap features
OKX: Enhanced DeFi experience through integration with Uniswap Labs
This integration primarily refers to the launch of the Intent Centric Trading feature on the OKX DEX, which aggregates more liquidity through UniswapX.
The OKX DEX Intent Centric Trading feature will allow users to quickly and intuitively exchange tokens on the Ethereum network without paying 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 prices by offering new liquidity and gas-free swaps. Additionally, the protocol eliminates costs associated with failed transactions and prevents maximum extractable value (MEV).
The OKX wallet also integrates with Uniswap, allowing users to log into their OKX wallet directly from the Uniswap interface by clicking “Launch App” and “Connect Wallet”. Users who log in through Uniswap can exchange tokens, trade NFTs, purchase cryptocurrencies, earn profits through contributing to liquidity pools, and use their OKX wallet assets on Uniswap to build DApps.
The unique design of UniswapX enhances the reliability and security of DeFi transactions while optimizing prices. OKX’s Web3 users can choose the “Intent Mode” in the “Trading Mode” section of the OKX DEX platform to trade using the UniswapX protocol.
This integration provides a comprehensive decentralized financial experience, enhancing the reliability and security of decentralized exchanges and offering users a more intuitive trading experience.
Jason Lau, Chief Operating Officer of OKX Innovations, said, “The strategic integration with Uniswap Labs improves OKX users’ decentralized financial experience, and we are excited to be the first company to offer UniswapX services to a broader Web3 audience. UniswapX provides OKX DEX users with new liquidity, allowing users to obtain better pricing and more profit possibilities. With the development of UniswapX, we hope to continue expanding the team’s support in the field of cross-chain solutions in the future.”
Mary-Catherine Lader, Chief Operating Officer of Uniswap Labs, said, “Uniswap Labs’ smart contract expertise has reshaped the blockchain-based market. UniswapX brings the benefits of on-chain trading to more users and is critical to expanding this foundation. We are delighted to provide OKX users with deeper liquidity, gas savings, and a new future for cross-chain transactions.”
In addition to the Intent Centric Trading feature, OKX DEX also allows users to exchange and bridge tokens through its “Smart” trading mode feature. This feature utilizes OKX’s “X Routing” smart aggregator algorithm, which identifies the best trading path among over 400 DEXs while considering prices, slippage, and network fees in multi-chain and cross-chain scenarios.
Furthermore, thanks to the Ethereum EIP-6963 upgrade, OKX users will be able to easily connect their wallets in the Uniswap interface, providing a more seamless user interaction. Users can now directly connect their OKX wallet with the Uniswap interface by clicking “Launch App” and then “Connect Wallet”. After connecting with Uniswap, users can exchange tokens, NFTs, purchase cryptocurrencies, earn profits through liquidity pools, and use 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.
DEX
Intent Centric
OKX
Uniswap Labs