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Home » OKX Takes the Lead in Integrating Uniswap Labs API into OKX DeFi Platform, Introducing “Intention Trading” Feature on OKX DEX
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OKX Takes the Lead in Integrating Uniswap Labs API into OKX DeFi Platform, Introducing “Intention Trading” Feature on OKX DEX

By adminMar. 1, 2024No Comments3 Mins Read
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OKX Takes the Lead in Integrating Uniswap Labs API into OKX DeFi Platform, Introducing "Intention Trading" Feature on OKX DEX
OKX Takes the Lead in Integrating Uniswap Labs API into OKX DeFi Platform, Introducing "Intention Trading" Feature on OKX DEX
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OKX announced today that it will fully integrate Uniswap Labs’ trading API into OKX. By launching the Intent Trading Mode on OKX DEX, the UniswapX protocol can be executed directly on the OKX DEX interface, allowing users to exchange tokens quickly and intuitively on the Ethereum network without paying gas fees.

On March 1st, OKX, a leading Web3 technology company, and trusted DeFi company Uniswap Labs jointly announced that OKX has become one of the first important builders to fully integrate Uniswap Labs’ trading API into its own products.

This integration mainly refers to the launch of the Intent Trading Mode on OKX DEX, which aggregates a broader liquidity through UniswapX. The Intent Trading Mode on OKX DEX allows users to exchange tokens quickly and intuitively on the Ethereum network without paying any gas fees. The Intent feature is executed directly on the OKX DEX interface using Uniswap Labs’ UniswapX protocol. UniswapX is a permissionless open-source protocol used for trading between public and private automated market makers (AMM) and other liquidity sources.

The protocol aims to provide users with better prices by offering new liquidity and gas-free exchanges. Additionally, the protocol eliminates costs associated with failed transactions and prevents maximum extractable value (MEV).

OKX Wallet is also integrated with Uniswap, allowing users to log in to their OKX Wallet directly from the Uniswap interface by clicking “Launch App” and “Connect Wallet”. Users who log in through Uniswap can exchange tokens, trade NFTs, purchase cryptocurrencies, earn profits through contributing to liquidity pools, and use their OKX Wallet assets on Uniswap to build DApps.

The unique design of UniswapX enhances the reliability and security of DeFi transactions while optimizing prices. OKX’s Web3 users can choose the “Intent Mode” in the “Trading Mode” section of the OKX DEX platform to trade using the UniswapX protocol.

This integration provides a comprehensive decentralized financial experience, enhancing the reliability and security of decentralized exchanges and providing users with a more intuitive trading experience.

Jason Lau, Chief Innovation Officer of OKX, said:
“Uniswap Labs’ expertise in smart contracts has transformed the blockchain-based market. UniswapX brings the benefits of on-chain trading to more users and is key to expanding this foundation. We are excited to bring deeper liquidity and gas fee savings to OKX users and open up new futures for cross-chain transactions.”

In addition to the Intent Trading feature, OKX DEX also allows users to exchange and bridge tokens through its “Smart” trading mode, which utilizes OKX’s “X Routing” smart aggregator algorithm. This algorithm identifies the best trading path among over 400 DEXs, taking into account prices, slippage, and network fees in multi-chain and cross-chain scenarios.

Furthermore, thanks to the Ethereum EIP-6963 upgrade, OKX users will be able to conveniently connect their wallets in the Uniswap interface. This change applies to all browser extension wallets and greatly enhances the user’s interactive experience. Users can now simply click “Launch App” and then click “Connect Wallet” to connect their OKX Wallet directly to the Uniswap interface. After connecting with Uniswap, users can exchange tokens, NFTs, purchase cryptocurrencies, earn profits through liquidity pools, and use their OKX Wallet assets on Uniswap to build DApps.

For more information about UniswapX and its security advantages, please visit www.okx.com/learn/what-is-uniswap.

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