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OKX has rolled out direct DEX buying and selling inside its app, permitting U.S. and worldwide customers to entry tokens on Solana, Base, and X Layer.
Abstract
- OKX launched in-app DEX buying and selling for U.S. and international customers.
- Customers can commerce tokens on Solana, Base, and X Layer with self-custody wallets.
- The rollout goals to simplify decentralized buying and selling by lowering technical limitations.
In a press launch shared with crypto.information on Nov. 13, OKX introduced the launch of its in-app decentralized buying and selling characteristic, enabling customers throughout the US and a number of international markets to entry decentralized exchanges straight by way of its cellular platform.
The replace introduces self-custody wallets with passkey authentication, permitting merchants to swap tokens throughout Solana, Base, and X Layer with out counting on third-party wallets or bridges. OKX mentioned the rollout is designed to present hundreds of thousands of customers seamless entry to decentralized liquidity whereas retaining full management of their personal keys.
“Till now, that entry has include heavy technical overhead – managing seed phrases, bridging chains, optimizing fuel charges, and navigating advanced DEX interfaces earlier than putting a single commerce. By eradicating these limitations, OKX provides merchants time again to deal with what issues.” The OKX crew mentioned within the assertion.
OKX particulars CeDeFi integration, implications for merchants
OKX calls the brand new performance CeDeFi buying and selling, a hybrid integration that merges the advantages of centralized and decentralized buying and selling in a single interface. The change believes the launch issues as a result of it tackles what it calls the “heavy technical overhead” that has historically segregated CEX and DEX customers.
This friction contains the guide strategy of securing seed phrases, buying native tokens for fuel charges on totally different chains, and utilizing exterior bridges, which may introduce safety vulnerabilities and execution slippage.
OKX positions CeDeFi buying and selling as a option to mitigate these challenges, providing merchants a unified platform to watch each centralized order books and decentralized tokens. Moreover, the product contains an modern order routing system that scans over 100 liquidity swimming pools throughout supported networks to seek out the very best execution worth.
Customers can now discover DEX tokens by way of the app’s “Discover” web page or search bar, accessing rising initiatives usually earlier than they seem on main spot exchanges.
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