Road Town, BVI. OpenOcean continues to push the boundaries of how users can achieve the best trades for digital assets across various blockchains. Through the OpenOcean Atlantic solution, users get rates that will outperform any other solution on the market. In addition, the innovative algorithm providing this functionality will continually receive updates to provide even higher returns and better prices.

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Finding the best prices for cross-chain swaps is a daunting task in cryptocurrency. Thanks to OpenOcean and its Atlantic release, that process becomes a lot more straightforward. The product achieves higher capital efficiency through margin pools. Moreover, OpenOcean's use of intelligent wealth management services keeps sparking institutional interest. Atlantic finally provides broad access to untapped liquidity in the cryptocurrency space.

OpenOcean Atlantic is the second iteration of the major cryptocurrency protocol. Users can explore many different swapping opportunities at optimal rates with support for aggregated networks—including Binance Smart Chain, Avalanche, Polygon, Fantom and also OKExChain, Tron, Heco, Solana, Ontology, etc. Additionally, the team will support Ethereum in a later update. Open Ocean Atlantic blows other DEX aggregators out of the market and provides maximized returns.

The underpinning algorithm and protocol upgrade are superior to other DEX aggregators. Users can rest assured that they get the most out of each swap by examining and exploring multiple parameters — better price, low gas fee, less slippage. That applies to both same- and cross-chain solutions. In addition, OpenOcean Atlantic's routing system is optimized to provide maximum efficiency and will receive further finetuning.

The team has put Atlantic through its paces before releasing it to the public. Thousands of test cases occurred on Binance Smart Chain to see if the higher-than-expected returns were sustainable. OpenOcean Atlantic performs better in 60% of the cases, creating a significant competitive edge over DEX aggregators. The tests were conducted through OpenOcean's native solution, 1Inch, and ParaSwap, with multiple batches of different trading volumes across multiple blockchains. Initial test results were confirmed, again and again, highlighting the potential of the Atlantic upgrade.

Other changes to look forward to are an enhanced roadmap, a more intuitive front page and an optimized routing algorithm. Next on the list is a revamp of the trading terminals to provide more enhanced features. That update includes introducing stop-loss and limit orders, making it more convenient for traders to use OpenOcean Atlantic. Furthermore, grid trading will become accessible for volatile assets in a future update.

Behind the scenes, there are continuous tweaks to spot trading and derivative aggregators to benefit traders worldwide. Margin trading is also being explored, as it would introduce better capital efficiency.

OpenOcean has come a long way since its launch in September 2020. Operations have been smooth sailing for over a year, and users can access ten networks and over 50 exchanges. Over 350,000 active addresses trade on OpenOcean today, a number that is likely to keep rising over time. That rapid growth brings more attention to OOE, the governance and utility token of the OpenOcean ecosystem.

About OpenOcean

OpenOcean is a one-stop full chain aggregation protocol that acts as a bridge between DeFi and CeFi. It eliminates the fragmentation that exists within the DeFi ecosystem by giving users access to the entire crypto market via a single, user-friendly interface. Users enjoy full access to aggregated liquidity and best pricing from a wide range of centralized and decentralized exchanges.

For more information, please visit: https://blog.openocean.finance/

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