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Axelar (AXL) announces integration with Vertex, which becomes another major DEX using Axelar services following dYdX, Uniswap and Pancakeswap

Axelar (AXL) announces integration with Vertex, which becomes another major DEX using Axelar services following dYdX, Uniswap and Pancakeswap

2023/12/13 05:41

The cross-chain infrastructure protocol Axelar has announced that it will provide cross-chain interoperability technical support for the DEX protocol Vertex. Prior to this, Axelar had provided technical services for dYdX, Uniswap and Pancakeswap. Through this cooperation, Axelar's market share in cross-chain DEX has exceeded 50% (calculated by market trading volume). Georgios Vlachos, director of the Axelar Foundation, said "Currently top crypto derivatives DEX and spot DEX are using the Axelar network for cross-chain connections. This level of adoption demonstrates the utility of the Axelar network for DEX." Alwin Peng, co-founder of Vertex Protocol stated "Axelar's technology is significantly improving user experience making crypto more universal and adaptable."

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