As so-called decentralized finance (DeFi) applications boomed in the summer of 2020, the market has pivoted toward a new direction. DeFi makes financial products and services available to everyone who has access to the internet. Moreover, it helps eliminate third-party involvement in people’s businesses and private lives by creating fully secure and anonymous financial services. Next, DeFi empowers users to truly own their funds and utilize various tools to lend, borrow, stake, earn interest and more.
We are thrilled to announce that we are taking the first step toward introducing DeFi possibilities to our users with Changelly DeFi Swap powered by Yet Another DeFi.
Yet Another DeFi is a decentralized exchange (DEX) aggregator that encompasses all the advantages of DeFi and optimizes transaction costs. The Smart Router by YAD finds the best way for a swap among different liquidity providers and suggests the most beneficial split to proceed with the transaction.
What does this integration mean to our users?
At present, any user can swap various Ethereum-based assets with just a few clicks. However, many more chains will become available in the near future, including BNB Chain, Solana, Fantom, Polygon, Arbitrum, Optimism, Tron and others.
The Changelly team is committed to the goal of becoming the leading CEX and DEX aggregator on the market. We believe our seven-year experience of working with CEXs combined with limitless opportunities of DEXs will make it possible to provide even better rates and lower fees to our users. With the integration of DEXs, we get one step closer to enabling seamless anything-to-anything swaps, regardless of blockchain, wallet connector, etc.
Learn more about Changelly:
Changelly website: https://changelly.com/
Changelly DeFi Swap: https://changelly.com/decentralized-exchange
Changelly Twitter: https://twitter.com/Changelly_team
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