Blockchain News
KyberSwap Integrates Camelot DEX on Arbitrum for Improved Liquidity
By
Soumen Datta
March 17, 2023
1
MINS
As per the recent announcement, the partnership benefits both platforms by providing broader liquidity sources and better trading experiences.
Access to Arbitrum Deep Pools
Multichain Decentralized Exchange (DEX) and aggregator KyberSwap announced integration with Arbitrum native DEX Camelot to access deep pools based on Arbitrum.
According to Kyber Network, the integration provides Arbitrum users with broader liquidity sources and KyberSwap users with improved trading experiences.
KyberNetwork had other partnerships recently as well. Easyfi Network partnered with Kyber Network to offer customers access to deep liquidity for Margin Trade.
Further protocols like Integral, Open Cord, Algalon AI, CVL Network wallet and Factor DAO integrated KyberSwap’s aggregator API to have access to a wider range of liquidity sources on Arbitrum and to achieve the best rates for their swaps.
Other than Kyber Network, protocols such as O3 Labs and Lodster Finance have also recently been integrated with Camelot DEX to give users a better experience and more liquidity.
In recent times, the Camelot launchpad has also been receiving some attention. The sale for JustBet’s $WINR token, an on-chain peer-to-peer gambling token, went live on Camelot launchpad on March 9. Perpy Finance and Halls of Olympia will also launch on Camelot in the near future.
Kyber Network (KNC) is trading at $0.717, up 5% in 24 hours. At the same time, Camelot(GRAIL) is trading at $2804.04, up 5.58% in 24 hours.
What is Kyber Network:
Kyber Network is a multi-chain cryptocurrency trading and liquidity hub that connects liquidity from various sources to enable trades at the best possible rates. Kyber Network can be integrated into decentralised applications (dApps), cryptocurrency wallets, and platforms for decentralised finance (DeFi).
Learn more about KyberNetwork:
Website | Twitter | Discord | Telegram
What is Camelot:
Camelot DEX is an Arbitrum native cryptocurrency trading platform. They have more than 60 trading pairs, the most popular being WETH/USDC, GRAIL/USDC, and USDT/USDC.
Learn more about Camelot:
Website | Twitter | Discord | Telegram
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Author
Soumen Datta
Soumen Datta
Soumen is an experienced writer in cryptocurrencies, DeFi, NFTs, and GameFi. He has been analyzing the space for the last several years and believes there is a lot of potential with blockchain technology, even though we are still at an early stage. In his spare time, Soumen enjoys playing his guitar and singing along. Soumen holds bags in BTC, ETH, BNB, MATIC, and ADA.
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