KyberSwap, a well-known decentralized exchange and automated market maker, has recently announced an exciting new partnership with NEAR Protocol, a decentralized blockchain designed for creating and launching applications. This collaboration will involve the integration of NEAR Intents, an advanced transfer platform developed by NEAR Protocol, to offer users unmatched asset swapping capabilities. The official announcement of this integration was made on the platform’s X account.
By incorporating NEAR Intents, KyberSwap aims to improve its compatibility with different blockchains. This partnership with NEAR Protocol expands KyberSwap’s aggregation functions beyond the Ethereum Virtual Machine platform, with a focus on delivering a seamless trading experience for users. With the integration of NEAR Intents, users can look forward to optimized transaction execution and increased liquidity.
This integration enables KyberSwap users to easily swap their assets across various blockchains without the need for complex linking mechanisms. Supported assets on the platform include $NEAR, $DOGE, $USDT, $USDC, $ETH, $BTC, and more. Traders can now conduct cross-chain transfers without encountering the risks or challenges associated with traditional methods. Additionally, the integration connects liquidity pools from different ecosystems such as NEAR, Dogecoin, Bitcoin, and Ethereum.
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