DEX aggregator, KyberSwap, has gone live on the prominent Ethereum Layer-2 platform - Arbitrium.
DEX aggregator, KyberSwap, has gone live on the prominent Ethereum Layer-2 platform – Arbitrium.
The main objective behind the multi-chain decentralized exchange and aggregation platform – KyberSwap announcing its launch on the scaling solution – Arbitrum network – is to enable users to conduct faster and cheaper trades., Arbitrum is the seventh scaling solution to have deployed KyberSwap. Previously, the DEX aggregator had gone live across – Ethereum , Polygon , Binance Smart Chain , Avalanche , Fantom , and Cronos networks.
Victor Tran, CEO, and Co-Founder, Kyber Network, also highlighted the challenges in terms of scaling and solving for congestion, gas fees, and slippage that arise in decentralized infrastructures and went on to add,“This partnership between KyberSwap and Arbitrum is a big step forward towards creating the most user-friendly experience for users, as well as robust and highly extensible trading API for partners.”that users on KyberSwap have reached an ATH of roughy 20k as of March 6.
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