OKX has partnered with Ethereum software company Consensys to launch its decentralized exchange (DEX) aggregator on MetAmask, providing users with faster trade execution and less slips.
The collaboration integrates OKX’s DEX API with MetAmask, allowing the wallet’s user base to access liquidity from over 500 DEXs in 25 blockchains, and said in a press release shared with Cointelegraph.
“MetAmask’s ambitious multi-chapter strategy is to be a universal wallet for the Web3 ecosystem, aligning with the connected blockchain ecosystem we are helping to build,” said Jeff Ren, founder of OKX Ventures.
Ren adds OKX DEX aggregator Connect to metamask users More than 500 liquidity sources, execution speeds below 100 milliseconds. “We have a vision for a more accessible blockchain ecosystem where technology barriers disappear.”
Related: Consensys Get Web3Auth to Improve MetAmask UX
OKX wallet is protected by MEV
As part of the transaction, OKX Wallet also uses Consensys’ server, a solution designed to defend users from Maximum Extractable Value (MEV) attack. This integration is the first time that an external collaboration has embed a server into a third-party wallet.
“MEV remains a complex challenge,” said Jason Linehan, Chief Strategy Officer of Consensys. “OKX’s CONSENSYS SERVO integration reflects a strong commitment to innovations that are secure and consistent with protocols.”
Ren said the partnership comes as Onchain Trading achieves equilibrium of price and speed through centralized exchanges. He added that the DEX to CEX volume ratio continues to climb, indicating an increase in interest in diversified trading pathways.
Going forward, Ren said, the future of trading will rely on a diverse ecosystem where DEX aggregators, dedicated decentralized exchanges and centralized platforms coexist to support seamless asset movement and reduce liquidity concentration.
Related: OKX Restart DEX through anti-abuse upgrade after Lazarus “abuse”
OKX adds new safeguards after DEX abuse
March, OKX Temporarily pause its DEX aggregator After discovering the abuse of the Lazarus group in North Korea. The suspension comes as reports that EU regulators are investigating OKX Web3 and its wallet services to facilitate funding Money laundering from $1.5 billion in Bybit Hack.
In response, the company has introduced new safeguards, including real-time blockade of suspicious addresses and warning alerts to understand potentially dangerous transactions. Certik, Hacken and Slowmist reviews, as well as the ongoing Bug Bounty program, support these measures.
