DUBAI, UAE, August 3, 2023 (GLOBE NEWSWIRE) — OKX, a leading Web3 technology company, has released updates for the day of August 3, 2023.
OKX expands its DeFi liquidity pools for dual token investors
OKX is pleased to announce that it has introduced V3 Liquidity Pools, which bring with them a number of optimizations aimed at reducing slippage and improving capital efficiency for liquidity providers.
Users can now set custom price ranges to control their exposure to tokens in the pool. This makes users’ investments much more efficient, helping them generate returns while maintaining exposure to favorite assets.
Investors can also place orders to deposit tokens at a custom price range above or below the current price. When the market price falls within the specified range, one token is gradually sold for another along a smooth curve.
Visit our learning page to learn more about V3 liquidity pools on OKX DeFi
For more information please contact:
[email protected]
About OKX
As the leading global technology company powering the future of Web3, OKX offers a full range of products to meet the needs of novice and expert alike, including:
- OKX Wallet: The world’s most powerful, secure and versatile crypto wallet, giving users access to 50+ blockchains while allowing them to manage their own funds. The wallet features MPC technology that allows users to self-recover access to their wallet, eliminating the need for traditional, “written-down” seed phrases
- DEX: A cross-chain decentralized exchange that aggregates nearly 200 other DEXs, with 200,000+ coins available across 10+ blockchains.
- NFT Marketplace: A royalty-free, multi-chain NFT marketplace that gives users access to NFT offerings across seven premier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
- Web3 DeFi: A powerful DeFi platform that supports earning and staking on 80 protocols across 15 chains.
OKX works with a range of the world’s best brands and athletes including: English Premier League champions Manchester City FC, McLaren Formula 1, Tribeca Festival, Olympian Scotty James and Formula 1 driver Daniel Ricciardo.
As a leading manufacturer of innovative technology products, OKX believes in challenging the status quo. The company recently launched a global branding campaign entitled “The System Needs a Rewrite” which advocates a new paradigm led by self-managed Web3 technology to replace existing centralized systems.
To learn more about OKX, download our app or visit: okx.com
Disclaimer
The information displayed is for educational and informational purposes only. It does not constitute and should not be construed as an offer, solicitation or recommendation to trade in any product (including NFT or any other product) or financial or investment advice. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate Terms of Use at www.okx.com.
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