ETHEREUM PRICE RISKS A DROP BELOW $1K IF THESE KEY PRICE METRICS TURN BEARISH

by | Sep 22, 2022 | Ethereum, Market News, News | 0 comments

The cryptocurrency market is growing to include more assets and chains available than ever before. Unfortunately, despite the number of assets at play, most decentralized exchanges (DEXs) are still unable to deliver and facilitate the frequency and volume of trades necessary to satisfy the market. As a result, these exchanges face a lack of liquidity and high slippage, often occurring when fractions of an order are completed at a lower price and the rest at a higher and less advantageous price.

For this reason, investors often seek out manual workarounds, including checking for the best trading prices on all DEXs before making a transaction. Despite so many exchanges at play, the market has yet to see an actual cross-chain liquidity aggregator that can facilitate transactions across multiple chains for a swap. At present, aggregators cannot access the full breadth of available chains, nor are they user-friendly. For reference, some tools force users to connect multiple wallets or manually swap them between protocols.

Chainge Finance addresses this pressing DeFi concern with the Chainge app, giving users access to the SUM liquidity of multiple DEXs across several chains at the same time. Powered by the Fusion DCRM tech, the DEX aggregates liquidity cross-chain to ensure that users get the best prices for their target swaps.

“The Chainge app is the door to Web3. An app that provides unmatched security, top trading prices and the best cross-chain solution on the market. Furthermore, advanced integrated DeFi tools such as a derivatives market, time-framing and yield farming offer crypto users the means to maximize their wealth’s potential in a 100% decentralized way,” Dejun Qian, the CEO of Chainge Finance, shares in response to the team’s efforts.

The result is that Chainge Finance users can tap into extensive cross-chain liquidity with a single tap.