In a bold move to enable crypto users to access deeper DeFi liquidity, Wheelx, an AI-driven bridge and swap aggregator, today announced a strategic partnership with Kyber Network, a multi-chain crypto trading and liquidity platform. This collaboration enabled Wheelx to integrate Kyber Network’s aggregation engine to bring competitive pricing and deep cross-chain liquidity across 17 chains to its DeFi protocol.
Wheelx is a DeFi protocol that collects liquidity from different decentralized protocols to provide users with the best possible trade executions. Its AI-driven bridge and swap aggregator enables users to trade any crypto token across multi-chains, designed to unify fragmented liquidity across DEXs (decentralized exchanges), cross-chain bridges, and various blockchain ecosystems. Its bridge aggregator platform abstracts the complexity of liquidity sourcing, bridging, and routing, allowing enables users to execute transactions seamlessly across asset types and chains.
Wheelx Empowering DeFi Capabilities With Kyber’s Aggregation
The partnership facilitated the integration of Kyber Network’s aggregation engine, a move that now allows Wheelx access to over 420 liquidity providers on more than 17 blockchain networks to provide its users with wider on-chain swap capabilities. Kyber Network is a cross-chain hub and DEX aggregator that has expertise in aggregating crypto liquidity from multiple sources across numerous chains, allowing users to easily trade and access crypto assets across different networks in one place.
With the collaboration above, Kyber Network’s comprehensive liquidity ecosystem allows Wheelx users to unlock greater DeFi opportunities, with low slippage on trade executions. This integration marks a crucial achievement, which enables Wheelx users to access liquidity from various DEXs, allowing them to engage with cross-chain swaps and trading on several different chains. Specifically, the KyberSwap integration allows Wheelx users to access multi-chain trading executions at the best rates, expanded support for numerous DEXs, and trading on multiple EVM chains.
Expanding Horizons For DeFi Effectiveness
The collaboration showcases Wheelx’s commitment to integrating the major liquidity sources across the DeFi space to introduce the most seamless multi-chain experience to its users. Through this partnership, Kyber Network provides Wheelx users with access to deep DeFi liquidity via Kyber’s multi-chain DEX aggregation and liquidity provisions.
DeFi users are always looking for new opportunities to make the most of their token holdings. Wheelx believes that its alliance with Kyber Network’s cross-chain DEX and aggregator will unlock large volumes of locked capital and infuse large amounts of DeFi liquidity on its decentralized protocol.
