Ledger Unlocks Multichain Swaps with New OKX DEX Support

This replace lets customers swap tokens throughout a number of blockchains whereas sustaining self-custody.

The brand new function connects the app to OKX DEX’s buying and selling pool. Folks can full token swaps with out opening different decentralized change web sites or instruments. All exercise stays contained in the Ledger Pockets interface.

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Ledger explains that OKX DEX makes use of its X-Routing system to deal with trades. This technique gathers liquidity throughout a number of decentralized exchanges and selects a path to finish the swap effectively.

Each transaction nonetheless requires a signature on the person’s Ledger system. The personal keys stay on the {hardware} pockets always.

The rollout begins with about 20% of Ledger Pockets customers on February 10. No firmware modifications or app updates are required to make use of the combination.

At launch, the supported networks are Ethereum

ETH

$2,012.96

, Optimism

OP

$0.1824

, Arbitrum

ARB

$0.1098

, Polygon

MATIC

$0.1995

, BNB Chain, and Base. The replace doesn’t embody swaps throughout totally different chains or seed phrases.

OKX DEX works as an change aggregator contained in the OKX ecosystem. It connects trades to varied on-chain liquidity sources and operates independently of the OKX centralized change.

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