OKX has partnered with Ethereum software program agency Consensys to launch its decentralized alternate (DEX) aggregator on MetaMask, providing customers sooner commerce execution and decreased slippage.
The collaboration integrates OKX’s DEX API with MetaMask, giving the pockets’s person base entry to liquidity from over 500 DEXs throughout 25 blockchains, the alternate stated in a information launch shared with Cointelegraph.
“MetaMask’s formidable multichain technique towards turning into a common pockets for the Web3 ecosystem aligns with the related blockchain ecosystem we’re serving to to construct,” stated Jeff Ren, founding father of OKX Ventures.
Ren added that the OKX DEX aggregator connects MetaMask customers to over 500 liquidity sources with execution speeds beneath 100 milliseconds. “We share a imaginative and prescient of a extra accessible blockchain ecosystem the place technical limitations disappear.”
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OKX Pockets adopts MEV safety
As a part of the deal, OKX Pockets has additionally adopted Consensys’ SERVO, an answer designed to defend customers towards most extractable worth (MEV) assaults. The combination is the primary time Consensys has partnered externally to embed SERVO right into a third-party pockets.
“MEV stays a fancy problem,” stated Jason Linehan, chief technique officer at Consensys. “OKX’s integration of Consensys SERVO displays a powerful dedication to person security and protocol-aligned innovation.”
The partnership comes at a time when onchain buying and selling is reaching execution parity in value and velocity with centralized exchanges, Ren stated. He added that DEX to CEX quantity ratios proceed to climb, indicating elevated curiosity in decentralized buying and selling avenues.
Trying ahead, Ren stated the way forward for buying and selling will depend on a various ecosystem the place DEX aggregators, specialised decentralized exchanges, and centralized platforms coexist to help seamless asset motion and scale back liquidity focus.
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OKX provides new safeguards after DEX misuse
In March, OKX briefly suspended its DEX aggregator after detecting an tried misuse by North Korea’s Lazarus Group. The suspension got here amid reviews that EU regulators have been investigating OKX Web3 and its pockets companies for allegedly facilitating cash laundering from the $1.5 billion Bybit hack.
In response, the agency has rolled out new safeguards, together with real-time blocking of suspicious addresses and warning alerts for probably harmful transactions, Ren stated. Audits from CertiK, Hacken and SlowMist, plus an ongoing bug bounty program, backed these measures.
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