OpenOcean, the leading multi-chain web3 aggregator and middleware developer on 30+ chians is proud to announce the launch and integration of aggregation services on CoinBase’ brand new optimistic Ethereum rollup scaling solution - BASE. This helps fulfill OpenOcean’s vision of a multichain future and reinforces OpenOcean’s goal of providing the best one-stop capital efficient swap solution for web3.

Base Network

BASE is a layer 2 scaling solution for Ethereum that utilizes Optimistic technology to increase transaction throughput and reduce gas costs. With Optimistic rollup technology, blockchain data is able to be written to the main Ethereum chain in batches to alleviate congestion and offer faster finality on transactions, a big win for DeFi.

Why Integrate with Base?

OpenOcean has worked closely with Coinbase, one of the world's most popular exchanges, to deliver a highly capital efficient experience when trading on BASE. By tapping into the Coinbase ecosystem we hope to bring value to even more users in the DeFi space, additionally by leveraging Coinbase' extensive resources and expansive reach, BASE is emerging as a pivotal force in the Ethereum scaling ecosystem.

By integrating with Base, OpenOcean can take advantage of several key features:

• EVM Compatibility at Reduced Cost: Base's compatibility with the Ethereum Virtual Machine (EVM) ensures smooth operations at lower costs.

• Access to Coinbase Ecosystem: With direct access to Coinbase’s substantial user base and assets, we can offer an enriched experience.

• Innovative Potential: Base's open-source, decentralized nature allows for continued innovations and improvements.

OpenOcean has integrated the largest DEXs and liquidity pools on-chain on BASE to provide the best trading experience possible. Accompanying our deep liquidity is a full charting suite aimed at providing users the best canvas in-which to plan their trades. When trading, users will have access to liquidity from the biggest platforms in the space with Balancer, BaseSwap, Maverick, SushiSwap, Uniswap and more integrated from day 1.

Getting Started with OpenOcean on Base

Firstly, ensure you possess a wallet compatible with the Base Network, like MetaMask or Rabby wallet. New to Base Network? Simply add Base Network into your wallet and begin transferring assets, such as $ETH (utilized as a gas token), through the official bridge for seamless cross-chain crypto asset transfers. For a comprehensive guide on trading within Base, refer to OpenOcean's Swap on Base tutorial.

OpenOcean’s API & SDK are now available on Base!

We are proud to introduce our powerful API and SDK which are now available for anyone to use for their own project on Base. You can use the latest version of our API to perform many different tasks from quoting prices and creating wallets to swapping and balance transfers. For developers working on Base or any other supported networks seeking tools to streamline their platforms, OpenOcean's API and SDK are readily available to meet your needs.

About OpenOceanOpenOcean is a leading DEX Aggregator, a cross-chain swap aggregator, and Web 3 middleware developer in the crypto space, offering a suite of tools across 27+ networks and 300+ deep liquidity sources. OpenOcean is building a one-stop trading platform, to bring users the best swap return for decentralised crypto trading.

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