OKX Integrates Uniswap API
OKX has now integrated Uniswap Labs’ API into their decentralized exchange, providing a feature called “Snap” that allows for gas-free trading.
According to OKX’s chief innovation officer, this integration grants access to the UniswapX protocol and its liquidity.
By utilizing a new model where liquidity providers cover gas fees, users no longer have to pay for transaction fees, resulting in potential savings for them.
This integration also offers DeFi users the ability to access a new source of liquidity and receive accurate token quotes without slippages, MEV bot attacks, or failed transactions.
This development is part of OKX’s efforts to expand their users’ access to various on-chain use cases, and they are eager to further develop and add functionalities in the future.