OpenOcean Launches as Kava Network’s 1st DEX Aggregator

OpenOcean
3 min readApr 3, 2023

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OpenOcean, the leading DEX aggregator, is excited to reveal its partnership with Kava and proud to be the first DEX aggregator on Kava. This partnership allows Kava and OpenOcean users to access deep liquidity and find the best swap rates available through decentralized exchanges on Kava.

The First and Best DEX aggregator on Kava
OpenOcean has successfully integrated major liquidity providers on the Kava platform, including Curve, Equilibre, and Sushi Trident. Additionally, OpenOcean also implements TradingView for advanced users to monitor the trends of Kava assets’ and commit to future swap strategies. By utilizing our advanced routing algorithm across multiple decentralized exchanges (DEXs), we ensure that users can receive the best swap rates with the best final returns.

Let’s show an example, here when users try to swap a 200 KAVA/USDT, OpenOcean can help save $4.54 compared with using a DEX directly. This showcases the effectiveness of our platform in providing better trading opportunities for our users, especially when transacting on networks like Kava.

As another example for large trades — 10,000 KAVA/USDT. OpenOcean splits the trade into multiple different routes utilising different DEX LP’s and leveraging our advanced routing algorithm to provide the best rate by saving an impressive $5,272 compared to trading via a single DEX. This example further emphasizes the value the OpenOcean platform brings to users by offering more efficient and cost-effective trading solutions.

In our ongoing efforts to enhance liquidity and deliver exceptional service to users, we will persistently integrate additional liquidity sources on Kava.

Why Kava:
Kava, a Layer-1 blockchain, combines the speed and scalability of Cosmos SDK with Ethereum’s developer support, creating a platform that empowers developers to build next-gen blockchain technologies through its distinctive architecture.

This network allows for seamless interoperability between Ethereum and Cosmos, enabling developers to work in their preferred environment without sacrificing user and asset access. Its unique architecture supports optimized scalability, ensuring smooth user, asset, and project flow between Kava and the most relevant ecosystems, all driven by the high-speed Tendermint Core consensus engine. Additionally, Kava fosters rapid ecosystem growth by offering innovative and transparent on-chain incentive programs that reward top Ethereum and Cosmos builders for contributing to the network’s expansion.

Get started with Kava
Getting started with Kava is easy. First, ensure you have a wallet that supports Kava, such as MetaMask, Keplr, or TrustWallet. Then, connect your wallet to the OpenOcean platform, and you’re ready to trade. If you are not an existing Kava user, you need to add the $KAVA token as the gas fee to your wallet and start bridging assets using the Celer Network, Multichain, etc. to facilitate cross-chain transfers of crypto assets between multiple chains. To learn more about how to trade on Kava, read the guideline in OpenOcean’s docs.

The OpenOcean API/SDK is now available on Kava!
The OpenOcean API and SDK are now supported on 21 blockchains with the addition of Kava! The OpenOcean API v3.0 is an easy-to-use API for individuals or projects that need non-custodial functions such as price quotes, token swaps, transfers, and price tracking.

We offer detailed API & SDK guidelines to assist in the integration process, and our tech team is more than happy to help with any integration-related issues. Reach out to us through Discord or Telegram.

About OpenOcean
OpenOcean is the widest reaching DEX Aggregator and Web 3 middleware developer in the crypto space. Offering a suite of tools across 20+ networks and 270+ unique sources of liquidity, OpenOcean is building tools for now and for the future. Experience what it’s like to trade with ease, the way that you want to with OpenOcean.
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OpenOcean

OpenOcean is the leading DEX Aggregator. Our intelligent routing algorithm finds the best final swap returns across major DEXs with top trading efficiency.