OKX has partnered with Ethereum software program agency Consensys to launch its decentralized change (DEX) aggregator on MetaMask, providing customers quicker commerce execution and decreased slippage.
The collaboration integrates OKX’s DEX API with MetaMask, giving the pockets’s consumer base entry to liquidity from over 500 DEXs throughout 25 blockchains, the change stated in a information launch shared with Cointelegraph.
“MetaMask’s formidable multichain technique towards changing into a common pockets for the Web3 ecosystem aligns with the related blockchain ecosystem we’re serving to to construct,” stated Jeff Ren, founding father of OKX Ventures.
Ren added that the OKX DEX aggregator connects MetaMask customers to over 500 liquidity sources with execution speeds below 100 milliseconds. “We share a imaginative and prescient of a extra accessible blockchain ecosystem the place technical obstacles disappear.”
Associated: ConSensys acquires Web3Auth to enhance MetaMask UX
OKX Pockets adopts MEV safety
As a part of the deal, OKX Pockets has additionally adopted Consensys’ SERVO, an answer designed to defend customers in opposition to most extractable worth (MEV) assaults. The mixing is the primary time Consensys has partnered externally to embed SERVO right into a third-party pockets.
“MEV stays a posh problem,” stated Jason Linehan, chief technique officer at Consensys. “OKX’s integration of Consensys SERVO displays a powerful dedication to consumer security and protocol-aligned innovation.”
The partnership comes at a time when onchain buying and selling is reaching execution parity in worth and pace with centralized exchanges, Ren stated. He added that DEX to CEX quantity ratios proceed to climb, indicating elevated curiosity in decentralized buying and selling avenues.
Trying ahead, Ren stated the way forward for buying and selling will depend on a various ecosystem the place DEX aggregators, specialised decentralized exchanges, and centralized platforms coexist to assist seamless asset motion and scale back liquidity focus.
Associated: OKX to restart DEX with anti-abuse upgrades after Lazarus ‘misuse’
OKX provides new safeguards after DEX misuse
In March, OKX briefly suspended its DEX aggregator after detecting an tried misuse by North Korea’s Lazarus Group. The suspension got here amid experiences that EU regulators had been investigating OKX Web3 and its pockets companies for allegedly facilitating cash laundering from the $1.5 billion Bybit hack.
In response, the agency has rolled out new safeguards, together with real-time blocking of suspicious addresses and warning alerts for doubtlessly harmful transactions, Ren stated. Audits from CertiK, Hacken and SlowMist, plus an ongoing bug bounty program, backed these measures.
Journal: Bitcoin’s invisible tug-of-war between fits and cypherpunks
