THORSwap announced the integration of their DEX with other popular DEXes such as Uniswap, SushiSwap, and other three aggregators including 1Inch, 0xProject, and Matcha. This makes possible cross-chain swaps across 8 different blockchains using thousands of ERC-20 tokens.
THORSwap is a Cross-Chain DEX Aggregator built on top of THORChain. The protocol was launched in 2021 with the goal to allow cross-chain swaps between native assets. It essentially provides a front-end user interface to perform cross-chain swaps.
THORChain claims to be a pioneer in the multichain industry. Its mission is to create decentralized cross-chain infrastructure without bridges or wrapped assets. THORChain is the most popular project focused on enabling decentralized cross-chain transactions.
THORSwap Cross-Chain Aggregator
The Cross-Chain Aggregator has been on the project roadmap for a few months. It was one of the awaited upgrades by the THORSwap community as it significantly enhance the user experience by allowing cross-chain swaps with all ERC-20 tokens listed on major DEXes.
Another important thing which is worth mentioning is that by aggregating multiple liquidity sources from protocols such as Uniswap, Sushiswap, 1inch, and other aggregators, THORSwap is now able to find the optimized route depending on the size of each cross-chain swap for price, slippage, and gas.
Thanks to this feature, the project team called the Cross-Chain Aggregator “the Aggregator of Aggregators”, as it is checking multiple protocols already known for providing a great swap experience in order to find the best route.
What’s next for THORSwap?
The team of the project claimed that the integration with popular Ethereum DEXes to support cross-chain swaps using every ERC-20 token is just the tip of the iceberg.
The long-term plan is to add to THORSwap’s cross-chain aggregator native assets from Solana, Polkadot, Cosmos IBC, Dash, Binance Smart Chain, Avalanche, Fantom, Polygon, and many other L1 and L2s blockchains.
However, it wasn’t revealed the date when these following integrations are expected to go live.
