Wednesday, February 19, 2025

Phantom Wallet Integrates DEX API for Enhanced In-Wallet Token Swaps

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KEY TAKEAWAYS

  • Phantom Wallet integrates a DEX API to enable in-wallet token swaps, enhancing user trading capabilities.
  • The DEX API aggregates liquidity across 20 networks, including EVM chains, Solana, and TRON, ensuring optimal pricing and zero fees.
  • OKX OS provides developers with tools to build and scale onchain applications, driving innovation in the ecosystem.

Phantom Wallet has integrated a decentralized exchange (DEX) API to enable in-wallet token swaps, enhancing trading capabilities for its users. This integration allows Phantom, a leading crypto wallet on the Solana network, to offer optimized liquidity and trading routes through the DEX API’s smart routing technology.

The DEX API functions as an all-in-one trading aggregator, supporting multi-chain and cross-chain transactions. It aggregates liquidity across 20 networks, including Ethereum Virtual Machine (EVM) chains, Solana, and TRON. The API also integrates 18 cross-chain bridges and over 400 decentralized exchanges, ensuring optimal pricing and zero fees for users.

Enhanced Trading Experience for Phantom Users

With the integration, Phantom users benefit from maximum liquidity through aggregated pools, reduced slippage, and lower gas costs. The API’s smart routing technology executes trades across multiple DEXs simultaneously, providing an average response time of 40 milliseconds. This rapid execution enhances the trading experience by delivering deeper liquidity pools and optimized pricing.

The integration highlights how platforms can leverage the DEX API to scale their projects efficiently. By utilizing a single API, projects can launch sophisticated DEX features within weeks, thanks to simplified cross-platform integration options available via SDK, API, and widget.

OKX OS and Developer Opportunities

Launched on September 30, the OKX OS, which includes the DEX API, offers developers tools to build and scale onchain applications effectively. With hundreds of projects already using the OKX OS and processing over 400 million daily API calls, the toolkit is driving innovation across the onchain ecosystem.

Developers interested in utilizing the OKX OS can start for free. For more information, they can visit the official OKX website here.


Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
Shree Narayan Jha
Shree Narayan Jha
Shree Narayan Jha is a tech professional with extensive experience in blockchain technology. As a writer for CoinsHolder.com, Shree simplifies complex blockchain concepts, providing readers with clear and insightful content on the latest trends and developments in the industry.

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