Following the launch of dForce Yield Markets (dToken), we are thrilled to announce the launch of dForce Trade on Binance Smart Chain, the first multi-chain DEX aggregator supporting BSC. Currently, dForce Trade enables trading with access to liquidity from DEXs on both Ethereum and BSC, facilitating instant access for users to tap into DeFi on different blockchains with ease.
About dForce Trade
dForce Trade is a DEX aggregator launched by dForce. dForce Trade scans for the best possible price and aggregate proper liquidity across multiple platforms to facilitate large-volume trades. Multiple DEXes have been integrated with dForce Trade to support instant swap of tokens in a decentralized manner. dForce Trade was first deployed on Ethereum, with 7 DEXs (including Uniswap, Curve, Balancer, Unisave, etc) integrated and over 95% coverage of all ERC20 token swap.
With dForce Trade, users of Binance Smart Chain can trade tokens of your choice with minimal slippage. Currently dForce Trade covers most of DEX token pairs on Binance Smart Chain.
Serves as One Entry to Access Liquidity across Multiple DEXes with the Best Possible Price
Trades will be split across exchanges, or through multi-routing (i.e. bridged through another token to fulfill the trade order), to minimize slippage and liquidity issues. By pooling fragmented liquidity across multiple platforms based on certain criteria, dForce Trade is able to digest large-volume trades at the best possible prices.
What is BSC?
Binance Smart Chain is a sovereign smart contract blockchain delivering programmability that’s compatible with the Ethereum Virtual Machine (EVM). Designed to run in parallel with Binance Chain, Binance Smart Chain retains the high performance of the native DEX blockchain and to support a friendly Smart Contract function at the same time.
Check out more about dForce and dToken through:
· Twitter: https://twitter.com/dforcenet
· Telegram: https://t.me/dforcenet
· Medium: https://medium.com/dforcenet
· Website: https://dforce.network/
· Whitepaper: https://github.com/dforce-network/documents/blob/master/white_papers/en/dForce_Whitepaper_V1.pdf