What is OpenOcean?

OpenOcean is a decentralized cryptocurrency trading platform that provides access to liquidity from multiple decentralized exchanges (DEXs) and centralized exchanges (CEXs) in a single platform. The platform is designed to help traders achieve better prices, minimize slippage, and access a wider range of trading pairs by aggregating liquidity from different sources. OpenOcean uses smart order routing technology to execute trades at the best possible prices across multiple exchanges, enabling traders to achieve better prices and lower trading fees. The platform also supports trading across multiple blockchain networks, including Ethereum, Binance Smart Chain, and Polygon, providing access to a wider range of tokens and trading pairs. OpenOcean is built on the blockchain technology, which ensures transparency and security in trading. The platform takes security seriously and implements multiple measures to protect user funds, including 2FA, cold storage, and smart contract audits.

What are the core features of OpenOcean?

• Aggregation: OpenOcean aggregates liquidity from multiple decentralized exchanges (DEXs) and centralized exchanges (CEXs) into a single platform, providing traders with access to a wider pool of liquidity.
• Best price execution: OpenOcean uses smart order routing technology to execute trades at the best possible prices across multiple exchanges. This helps traders to achieve better prices and minimize slippage.
• Cross-chain support: OpenOcean supports trading across multiple blockchain networks, including Ethereum, Binance Smart Chain, and Polygon. This enables traders to access a wider range of tokens and trading pairs.
• Low fees: OpenOcean charges low transaction fees compared to traditional centralized exchanges, making it an attractive option for traders looking to save on fees.
• User-friendly interface: OpenOcean’s interface is user-friendly and easy to use, making it accessible to both novice and experienced traders.
• Security: OpenOcean takes security seriously and implements multiple measures to protect user funds, including 2FA, cold storage, and smart contract audits

What is the native token of OpenOcean?

The native token is the OOE token and it can be used for governance and utility such as gas and trading fees on OpenOcean, slippage subsidy, liquidity mining rewards and margin collateral.