OpenOcean integrates with Ontology’s EVM Chain & boosts interoperability

OpenOcean has announced its successful integration with the EVM Chain of Ontology. The objective is to enhance interoperability and compatibility for the community of developers. Ontology has also partnered with iZUMi Finance liquidity to make sure that the Web3 experience for cross-chain is seamless.

OpenOcean is a leading player when it comes to Web3 decentralized exchange aggregator. The platform is known for offering the best swap returns across 23 chains.

The development of integration with Ontology’s EVM Chain follows OpenOcean unveiling of the ETH liquid staking aggregator. It coincides with Ethereum’s Shapella upgrade and dates back to the middle of April 2023. Members of the community can now buy, source, and maximize liquid-staking-token yield at a single platform.

Anyone who actually uses the platform stands a chance to win staking rewards, provided they buy tokens using their DEX aggregator. Some of the tokens that are priced best are $rETH, $stETH, $frxERH, $sfrxERH, $ankrETH, and $sETH2.

ONT is currently exchanging hands at $0.2144, a decline of 1.61% in the last 7 days. The trading price is estimated to touch the maximum value of $0.47 by the end of 2023. Furthermore, ONT prediction states that the token could peak at the lowest value of $0.19. Assuming all the factors align on a favorable side, ONT could touch $0.59 by the end of 2024. There is a rare chance that it will ever cross $1. Possibilities are that that could happen by 2027-2028.

Circling back to the integration, the community of developers can expect to have a seamless experience with compatibility and interoperability following the integration of Ontology’s EVM Chain by OpenOcean. Redefining the Wbe3 experience is constructing a smoother path for the cross-chain Web3 experience.