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TLDR
- THORSwap, the leading multi-chain decentralized exchange aggregator, has integrated with Radix, unlocking $42 million in liquidity and access to over 530,000 unique users.
- This integration enables seamless swaps between Radix and over 27 assets across six leading blockchains including Bitcoin and Ethereum, enhancing trading conditions with lower slippage and tighter spreads.
THORSwap, the leading multi-chain decentralized exchange aggregator, has integrated with Radix. THORSwap serves as a powerful DEX interface for prominent cross-chain networks THORChain, Maya Protocol, and Chainflip and has processed more than $4.5Bn of swap volume in the last two years.
This integration opens Radix up to $42.68 million in liquidity via Maya Protocol, as well as opening up the Radix Network to over 530,000 unique users. It provides the ability for anyone to trustlessly swap assets into and out of the Radix Ecosystem from the Bitcoin, Ethereum, Arbitrum, Binance Smart Chain, Avalanche, Doge, Dot, Kujira, Bitcoin Cash, Litecoin, Dash and Cosmos ecosystems.
Using a diverse range of liquidity pools it enables users to trade and exchange assets more efficiently across-ledger, leading to better trading conditions, including tighter spreads and lower slippage.
THORSwap is currently also working on DEX aggregation, which will be available in a future update. This will allow for swaps across 11 decentralized exchanges/aggregators, including, CaviarNine - allowing anyone outside of the Radix ecosystem to easily swap their Bitcoin for HUG, EARLY, CAVIAR, OCI or whatever else catches their eye.
The integration also exposes Radix to a broader user base, driving increased adoption, usage, and awareness of the Radix Network, which contributes to the growth of the Radix Ecosystem.
By utilizing the recent Radix integration via Maya Protocol, the THORSwap integration was completed using SwapKit, a composable, user-friendly API+SDK. The SwapKit SDK is open-source and provides an easy gateway to cross-chain services offered by Maya Protocol, THORChain, and Chainflip.
Essentially, SwapKit can convert any single-chain dApp into a multi-chain dApp in just under 100 lines of code. SwapKit powers protocols such as THORSwap, OKX Wallet, LI.FI, and more. It abstracts the complexity of integrating decentralized cross-chain liquidity protocols, offering a battle-tested infrastructure for enterprise-level performance.