OpenOcean is a pioneering cross-chain full aggregation protocol, the first leading DEX aggregator on the Binance Smart Chain (BSC), allowing seamless trading between cross-centralized and decentralized exchanges within one interface. So far, there is no product on the market that allows users to compare the prices of the same trading pair on a centralized exchange and a decentralized exchange in one interface.

The establishment of a complete crypto transaction aggregator, as a bridge between DeFi and CeFi islands, aims to build an ecosystem that benefits all users in the current fragmented market. We want to enable all individual users and investment institutions to trade at the best price and be able to apply their investment strategies to various crypto asset classes.

Since the first half of 2020, DeFi world has gradually formed a certain volume, and its lock-up value has been rising. The game play represented by liquidity mining, or the sky-high airdrops of Uniswap, 1inch, etc. constantly pushed investors' investment sentiment to the climax. In fact, investors come to the DeFi board for trading purposes, and the DeFi ecosystem represented by Ethereum is not friendly to retail investors like us. After all, sometimes if you want to participate in a liquidity mining, the commission fee on DEX may be higher than the profit. Many operations, such as liquidity mining, require constant trading and collateral, each of which requires a GAS fee and a free loss during the exchange process, which many DeFi players say is "unaffordable".

As a result, a transaction aggregator called Openocean was launched, and it is said that many investors have a favorable impression of Openocean, such as low transaction cost, fast transaction speed, and support for cross-chain DEX aggregation and CEX aggregation. Generally speaking, users who trade on DeFi board will not trade only once or twice, and they will lose a lot of money in frequent transactions. Therefore, low losses in transactions are very necessary. In fact, this is like the continuous exploration of electrical wire materials to reduce resistance, no loss is impossible, but can be continuously reduced with development. Compare that to other DEX aggregators, such as one inch guaranteed 1% slippage but charged less than 1%, or TOKENLON's flat 0.3% handling fee. Openocean does not charge any agreement fee, and will provide OOE token compensation for transaction slippage higher than 1% and the agreed transaction slippage. (Currently, when the transaction slippage is higher than the expected slippage, for example, THE slippage I set is 0.5%, but the transaction is actually higher than 0.5%, the transaction will be returned), which greatly reduces the user's transaction cost. So Openocean's trading advantage is clear. This is why Openocean is able to acquire a larger number of target assets when trading in exchange.

1. The optimization algorithm based on Dijkstra and D-Star is adopted to obtain the initial optimal path. In addition, it uses platform data to continuously optimize machine learning-based routes. 2. Provide users with the best price by comparing the price on the aggregated index with the best price on CEXes. 3. Subsidize slippage loss in real time through OOE token to protect user interests. 4. Use transparent pricing without charging additional transaction fees.

OpenOcean's token, OOE, is both a governance token and a usage token. OOE can be used in a wide range of scenarios, including protocol governance, gas charges, landslide subsidies, liquidity mining, CEX VIP membership, derivatives consolidated margin and collateral as loan margin.

OpenOcean uses an enhanced version of Dijkstra's algorithm, called D-Star. With the D-Star algorithm, OpenOcean can find a better path between exchanges, providing users with lower slippage and better prices for real-time trading.

1. OpenOcean aggregates more mainstream public chains and DEX ecology, and is committed to opening up cross-chains. OpenOcean has now converged ETH, the mainstream DEX ecosystem on BSC, and become the first DEX fully converged trading protocol on BSC. According to the development path map disclosed by the team, OpenOcean is injecting more vitality into the development of DEX ecology and the development of the public chain by opening up the cross-chain convergence of DEX ecology on major public chains, such as the cross-chain between ETH and BSC. 2. The OpenOcean team states that there will be no transaction fee for the agreement. In addition, OpenOcean proposes a Token compensation mechanism for more than 1% transaction slip point and a compensation scheme for volatile losses. Compared with DEX aggregators like 1Inch, its cross-chain DEX aggregator has realized DEX ecological cross-chain aggregation transactions on ETH/BSC/ONT and other public chains, and it is also the first decentralized trading platform aggregation protocol on BSC, the recently popular Binan smart chain. Together with DEX platforms like Pancake, Bakery, StreetSwap, etc. DEX aggregators are even more advantageous on high-performance smart contract platforms other than Ethereum, where the lower fees make it harder for users to feel the added costs of aggregations, which 1inch doesn't. As a result, OpenOcean's solutions are truly more comprehensive and valuable than 1Inch, and DEX aggregators can be better for these solutions.

1. OpenOcean is a one-stop entry point for DEXes and CEXes for spot and derivatives trading. 2. OpenOcean applies deeply optimized intelligent routing algorithms to find the best price and lowest slip for traders on aggregate indices and CEXes. OpenOcean also provides users with apis and customized user interfaces to support their specific investment strategies.

Total release volume :1000000000 OOE

1. Integration of DEX and CEX Liquidity OpenOcean innovatively integrates the liquidity of mainstream DEX and mainstream centralized trading platform, enabling users to have better trading depth and faster trading speed in the process of trading. Meanwhile, according to the team's technology roadmap, OpenOcean will not only support in-app collaboration with major wallets, but will also support the adoption of OpenOcean portfolio margin pools and OpenOcean Wallets, providing users with convenient one-stop trading on both centralized and decentralized trading platforms. 2. Derivatives Trading OpenOcean will also launch the convergence of centralized and decentralized derivatives trading platforms next year. As a super cake of the centralized trading platform, derivatives trading will bring huge benefits to the trading platform. In addition, with the booming demand for derivatives trading, DeFi's derivatives trading products are gradually maturing, which will surely be another strong barrier for OpenOcean platform to face the competition from peers. OpenOcean will issue OOE tokens and provide liquidity incentives that are dozens of times higher than 1inch. The increased investment of incentives enables OpenOcean to achieve a higher growth rate than 1inch. 4, friendly to professional institutions For professional organizations, OpenOcean platform can arbitrage strategy implementation, and support the API and the trading interface customization, can let the professional organization custom service and clear user interface (including market and trading opportunities to capture information), auxiliary funds develop quantitative arbitrage and other trading strategies. These functions greatly meet the needs of professional organizations.

To encourage more users to participate, OpenOcean Token (OOE), the platform's upcoming Token, will reward relevant users based on the volume of each transaction and their contribution to the platform's overall algorithm, giving participants more profit opportunities. It is also worth mentioning that in addition to rewarding liquidity providers, OOE also serves as a slipping-point subsidy to relevant users. To put it simply, in the actual transaction process, if the transaction result of the target exchange path deviates from the original quote, OpenOcean will not capture the offset value higher than the original target value, but will use OOE to subsidize the offset value lower than the original target value to minimize the potential loss to the user.

OpenOcean has now converged ETH, the mainstream DEX ecosystem on BSC, and become the first DEX fully converged trading protocol on BSC. According to the development path map disclosed by the team, OpenOcean is injecting more vitality into the development of DEX ecology and the development of the public chain by opening up the cross-chain convergence of DEX ecology on major public chains, such as the cross-chain between ETH and BSC. In terms of the solution, OpenOcean uses a dynamic optimization algorithm compared to 1inch, which is supported by machine learning from the platform's vast amount of data to dynamically optimize each node, ensuring that users get the best price in real time (guarantee of slippage) and lower gas costs. OpenOcean also compares DEX prices with those of a centralized trading platform (CEX) to provide users with the best price across the chain.

Openocean is more connected with CEX and DEX. Some people say that DEX and CEX are "enemies", but we can see that CEX and DEX can still coexist harmoniously in Openocean, and through the aggregation of Openocean, CEX and DEX complement each other, and 1+1 is greater than 2. From the point of view of users, users can reduce transaction costs such as slippage and GAS charges based on an aggregator through Openocean. Meanwhile, Openocean does not charge fees, which greatly reduces the cost threshold for users.

If aggregators connect DeFi blocks in parallel within a single system, Openocean connects DeFi blocks in parallel across major blockchain systems. According to the experience, Openocean is a transaction aggregator with a good user experience and basically no fee consumption at the current stage, so for users, Openocean is definitely a magic tool for users to participate in DeFi and achieve maximum benefits.

Before The advent of Openocean, there were few systems compatible with multiple chains in the form of an aggregator, either DEX or aggregator. It is worth mentioning that Openocean is the first aggregator on the current BSC smart chain, which is of great significance to the BSC ecosystem.

OpenOcean is dedicated to providing users with a convenient entry point for trading digital assets. DEX aggregators can provide users with the best price and lower slippage by finding the optimal path. Aggregators are all about making the transaction process more cost-effective, helping you find the best path with the least risk and the least fee. In addition, OpenOcean provides a slip point protection mechanism. When the slip point of a transaction is greater than 1%, the transaction cannot pass, ensuring that all the slip points of a transaction are within 1%. Another convenience of OpenOcean for users is that it does not charge for Protocol. OpenOcean is relatively stable. The second is that the team has its own risk mechanism, which has screening dimensions and helps users to block off some risks first. So the risk of the project is very low.

OpenOcean as a whole, both in product design, performance and the management background data is quite good, but most of a bright, trading in aggregate track leading has now, in the background of market pattern will be suspected to curing both integrate more ecological and longitudinal centralized resource cultivation, and the lateral expansion of aggregation service extends to other category, OpenOcean has been pushing the imaginative boundaries of aggregator services. We believe that with the deepening of the bull market, the deep development and horizontal expansion of quality projects will become a powerful weapon for them to seize the market.