Axelar (AXL) announces the integration of Vertex, which becomes another major DEX using Axelar services after dYdX, Uniswap and Pancakeswap
Cross-chain infrastructure protocol Axelar announced that it will provide cross-chain interoperability technology support for DEX protocol Vertex.
Prior to this, Axelar had already provided technical services for dYdX, Uniswap, and Pancakeswap. With this cooperation, Axelar's market share in cross-chain DEX has exceeded 50% (calculated by market trading volume).
Georgios Vlachos, Director of the Axelar Foundation, stated that "currently, both the top derivative DEX and spot DEX in the crypto industry are using Axelar network for cross-chain connections. This level of adoption demonstrates the utility of the Axelar network for DEX."
Alwin Peng, co-founder of the Vertex Protocol, stated that "Axelar's technology is greatly improving the user experience, making crypto more universal and adaptable."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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