KyberSwap, a popular decentralized exchange and automated market maker, has announced a new partnership with NEAR Protocol, a decentralized blockchain for developing and launching applications. The partnership includes the integration of NEAR Intents, the advanced transfer platform created by NEAR Protocol, to offer unparalleled asset swaps. The platform disclosed the integration using its official account on the X platform.
KyberSwap integrates NEAR Intents to enhance its blockchain compatibility. The collaboration with NEAR Protocol extends KyberSwap’s aggregation capabilities beyond the Ethereum Virtual Machine platform. With this, KyberSwap focuses on providing consumers with a seamless trading experience. Consumers can expect optimized transaction execution and deeper liquidity with the integration of NEAR Intents.
The integration allows KyberSwap users to exchange their assets across different blockchains without the need for complex linking mechanisms. Supported assets include $NEAR, $DOGE, $USDT, $USDC, $ETH, $BTC, and more. In this regard, traders will not face any of the risks or difficulties that arise with traditional cross-chain transfers. In addition, the integration connects liquidity pools operating in different ecosystems, such as NEAR, Dogecoin, Bitcoin, and Ethereum.
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