cryptonews.net
KyberSwap, a popular decentralized exchange and automated market maker, has announced a new partnership with $NEAR Protocol, a decentralized blockchain for developing and launching applications. The partnership includes the integration of $NEAR Intents, the advanced transfer platform created by $NEAR Protocol, to offer unparalleled asset swaps. The platform disclosed the integration using its official account on the X platform.
KyberSwap integrates $NEAR Intents to enhance its blockchain compatibility. The collaboration with $NEAR Protocol extends KyberSwap’s aggregation capabilities beyond the Ethereum Virtual Machine platform. With this, KyberSwap focuses on providing consumers with a seamless trading experience. Consumers can expect optimized transaction execution and deeper liquidity with the integration of $NEAR Intents.
The integration allows KyberSwap users to exchange their assets across different blockchains without the need for complex linking mechanisms. Supported assets include $NEAR, $DOGE, $USDT, $USDC, $ETH, $BTC, and more. In this regard, traders will not face any of the risks or difficulties that arise with traditional cross-chain transfers. In addition, the integration connects liquidity pools operating in different ecosystems, such as $NEAR, Dogecoin, Bitcoin, and Ethereum.
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