Rubic x OpenOcean: Higher Liquidity and Better Rates

Rubic
3 min readDec 14, 2022

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We’re proud to announce the successful integration of OpenOcean into Rubic.exchange. OpenOcean is one of the most efficient DEX aggregators, supporting 200+ DEXs on 18 chains, and now, cross-chain swaps on Rubic will have a new route through OpenOcean!

What is OpenOcean?

OpenOcean is a powerful DEX aggregator for decentralized crypto trading that sources deep liquidity from DeFi markets and enables cross-chain swaps.

Their intelligent routing algorithm finds the best prices from DEXs and splits the routes to offer traders the most cost-efficient prices possible, with low slippage and fast settlements.

OpenOcean has integrated 18+ blockchains and over 200+ DEXs to provide flexible, secure, and efficient swaps.

Let’s explore the networks supported by OpenOcean:

EVM chains include Layer 1: Ethereum, BNB Chain, Polygon, Avalanche, Fantom, Aurora, Gnosis (formerly xDai), Cronos, Mooriver, Harmony, Heco, and OKC.

Layer 2: Arbitrum, Optimism, and Boba.

Non-EVM chains include Solana, Ontology, and TRON.

They are continually adding DEXs on OpenOcean, and providing deeper liquidity, to ensure their users can trade any tokens, even without direct pool, at the best possible rate with low price impact. Currently, they have aggregated more than 200 liquidity sources.

OpenOcean provides a transparent pricing mechanism without charging any additional protocol transaction fees for DeFi users. No fees are charged to DeFi users for the current route-finding function. OpenOcean comes complete with advanced tooling such as fully-featured charts and offers a full suite of complementary indicators and charting tools.

OpenOcean in Numbers

Integrated DEXs: 200+

You can find detailed information about DEXs supported on the various blockchains here:

https://docs.openocean.finance/products/dex-aggregator/dexs-integration

  • Supported Blockchains: 18
  • Total Trades Number: 1.8M+
  • Total Active Users: 725K+

Rubic x Open Ocean

Open Ocean operates as a provider among 13 blockchains on Rubic Exchange:

Ethereum, BNB Chain, Polygon, Avalanche, Fantom, Arbitrum, Optimism, Aurora, Gnosis, Boba, Tron, OKC, and Moonriver.

With the OpenOcean Integration into the Rubic Platform, our users will get:

  • The Best Rates Across Numerous DEXs

OpenOcean helps users find the best rates for their cross-chain trades across 200+ DEXs and 13 blockchains, supported by Rubic.

  • High Trading Efficiency

OpenOcean offers high trading efficiency to users through its improved algorithm, resulting in less slippage, better rates, faster response times, and optimized routes with lower gas fee costs.

  • Enhanced Security

To safeguard users from security vulnerabilities and similar occurrences, OpenOcean takes a security-first approach. They routinely collaborate with external partners to pass the most up-to-date and leading industry standards, in addition to their internal security auditing. OpenOcean has been audited by CertiK and SlowMist Technology.

Take a look at several audit reports by credible organizations:

CertiK’s March 9, 2021 audit report:

OpenOceanExchange CertiK Security Assessment

SlowMist Technology March 9, 2021 audit reports:

Smart Contract Security Audit Report — OpenOcean(BSC)

Smart Contract Security Audit Report — OpenOcean(ETH)

Smart Contract Security Audit Report — OpenOcean(TRON)

With our OpenOcean integration, Rubic users are now able to access OpenOcean’s aggregated liquidity across multiple chains!

About Rubic

Rubic is a One-Click Cross-Chain Aggregator which allows users to swap any of 15,500+ tokens, across 26 blockchains and receive the best rates from all leading trading providers. Rubic includes On-Chain & Cross-Chain swaps for Ethereum, BNB Chain, Polygon, Avalanche, Fantom, Arbitrum, Gnosis, Fuse, Celo, Optimism, Moonbeam, OKC, Boba, Tron, Moonriver, Cronos, and Bitcoin; with seamless fiat on-ramps and more!

Rubic provides the tools for crypto projects to become fully interoperable between blockchains, with an easy-to-install widget and a fully-customizable SDK. Rubic is already servicing more than 130 projects! Installation of Rubic’s SDK or Widget unlocks DeFi for any project, with access to over 15,500+ tokens across 26 blockchains, all available right on your website or inside your app.

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Rubic
Rubic

Written by Rubic

Rubic's Best Rate Finder tool for crypto swaps aggregates 90+ blockchains, 220+ DEXs and bridges, and 15,500+ crypto assets.

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