OpenOcean delivers updates, containing new user interaction experience, TradingView tool, and limit order upgrades!

The OpenOcean team has never stopped building and is thrilled to finally announce that our groundbreaking upgrade is live! OpenOcean is DeFi’s most efficient DEX aggregator, and with this upgrade, we made the platform even more efficient and profitable for all types of users, especially sophisticated traders.

Upon community request, OpenOcean has released its newest UI/UX upgrades, adding much-requested features and making the trading experience smoother, and look sleeker. We’ve deployed faster price quoting on swaps and free limit order creation and cancellation, both to improve the efficiency at which our users can swap. The biggest feature we’ve added is the incredibly powerful TradingView charts, which are fully featured with advanced drawing tools, indicators, and different timeframes. The addition of these charts will help both advanced and normal users to gather information and make smarter trading decisions.

Additionally, we are also launching our referral program! Read on to see how you can earn OOE for referring friends to trade on OpenOcean. With that being said, let’s dive into the brand new OpenOcean and see what’s new.

Trade Smarter with TradingView

OpenOcean has users of all types, from retailer traders to whales. We recognize that all of our users deserve an efficient trading experience to their liking, which is why we added powerful TradingView charts to cater to our more advanced users. Our original charts will still be available for all users to enjoy. TradingView charts let users visualize price charts at a glance and provide powerful tooling for those who want it.

The tools with TradingView let users accomplish highly accurate technical analysis to better predict where the price of an asset might go. Some of these tools include basic trend lines:

Indicators like Moving Averages or the MACD:

Or even Fibonacci retracements:

We hope all of our users enjoy the new TradingView charting experience powered by data from DexScreener. OpenOcean continues to provide for all our user types, advanced and basic. TradingView charts bring users comprehensive information to all trades!

Enhanced Limit Order with Optimal Fulfillment Rate and All Token Coverage

We upgraded limit order functionality to help traders to execute trades better. Our execution mechanisms for limit orders have been enhanced to be more efficient. On top of the current RFQ feature, we have combined the AMM mechanism to find better price quotes than are available anywhere, on any DEX or Aggregator. Using both mechanisms together with OpenOcean’s aggregated deep liquidity across almost all major DEXs, OpenOcean’s limit orders significantly increase the limit order fulfill rate, which helps users secure the briefest of trading opportunities easily. Besides, our limit orders do not lock tokens from traders, and users don’t need to pay gas fees to create or cancel orders.

Our limit order upgrades let us now support all available listed tokens across 5 chains, including Ethereum, BNB Chain, Avalanche, Fantom, and Polygon. Users can now access limit orders on all token pairs, including pairs without pools. Our routing algorithm will find the most efficient paths for the swap, even if a pool does not exist on a DEX for the pair.

Referral program

We are thrilled to announce the expansion of our referral program! We hope this will help us spread the word of OpenOcean, and help get better pricing to more users. This is our way of saying thank you to our most dedicated supporters and giving them some well deserved rewards. This program now runs on four chains — Ethereum, BNB Chain, Avalanche, and Fantom.

The referral program benefits both referrer and referee, so there’s no downside! In short, the referrer receives OpenOcean’s token worth 30% of their referral’s gas fees spent on OpenOcean, while the referred friend gets a 20% rebate. This referral program will be in effect on all 4 supported chains, and more chains are coming! The rewards are paid in OOE tokens on the chain the referral was made, and the exact amount of OOE will be calculated at the time of claim. Claims will need to be made one month apart.

For further information and a more in-depth walkthrough, see our guide here.

About OpenOcean
OpenOcean is the most efficient DEX aggregator, integrating major DEXs across 17 blockchains. OpenOcean’s intelligent routing algorithm optimizes swaps for maximum returns and is completely free to use!

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