New York, USA, December 12th, 2023, Chainwire
The top derivatives DEXs and spot DEXs are now all using Axelar network for cross-chain connections
Vertex Protocol, one of the most innovative and fast-growing DEXs in Web3, is now using Axelar network and Squid to power cross-chain collateral deposits. The integration was announced today on Twitter.
Vertex has grown rapidly to become the second-largest (and, on some days the largest) derivatives DEX by volume – by a wide margin.
“With this integration, the top two derivatives DEXs by volume and the top two spot DEXs by volume are all using Axelar network for cross-chain connections,” said Georgios Vlachos, Director of Axelar Foundation. „The level of adoption shows the utility of Axelar network for DEXs that are building seamless UX for mass adoption.”
In each category, DEXs going cross-chain with Axelar network handle more than half the total 24h market volume on any given day.
Spot DEXs: Uniswap and Pancakeswap.Derivatives DEXs: dYd
We współpracy z: https://cryptodaily.co.uk/2023/12/axelar-powers-vertexs-move-towards-cross-chain-interoperability
