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Home Crypto

OKX Partners with Dune Analytics to Provide Real-Time DEX Data for Developers and Traders

Favour OkosodobyFavour Okosodo
19 December 2024
in Crypto, News
Reading Time: 3 mins read
308 19
Source: cryptonews.com

Source: cryptonews.com

OKX has partnered with the on-chain data platform Dune Analytics to offer real-time analytics using its DEX aggregator. The integration, revealed on December 18, enables users to access detailed on-chain data, including daily transaction volumes, cross-chain swaps, and blockchain-specific activity.

You can now view live data on our DEX aggregator via @Dune!

Gain insights into network transaction activity on individual chains, cross-chain swaps, and more.

Check it out: https://t.co/Qrn63KexTu pic.twitter.com/m8u695nJhH

— OKX Wallet (@wallet) December 18, 2024

The OKX dashboard on Dune currently supports multiple networks, such as Solana, Ethereum, Base, BNB, Arbitrum, Optimism, Avalanche-C, Polygon, Linea, and Blast. Plans are underway to incorporate additional networks like TRON, OKC, Sui, and Ton. With its bridge aggregator, OKX aims to support over 20 networks, offering users optimal cross-chain transaction prices.

As of December 18, Solana dominates activity on the dashboard, representing 73.5% of trading volume and 93.3% of users. Solana’s total transaction volume exceeds $10 billion, with over 45 million transactions and 9.2 million unique transaction addresses. Daily metrics highlight a transaction volume of $292 million, 1.1 million cross-chain swaps, and 382,036 daily transaction addresses. The dashboard allows users to filter data by blockchain, time period, and time zone, offering detailed insights for analysts and traders.

One standout token, PENGU, linked to the Solana-based Pudgy Penguins NFT collection, has become the most traded asset over the past 24 hours. PENGU, launched a day ago, recorded a trading volume of $1.09 million and boasts a market cap surpassing $2 billion.

Meanwhile, complementing its DEX-focused advancements, OKX recently introduced an innovative feature within its app that allows users to search for over 10 million DEX tokens. According to the company, this makes OKX one of the first major centralized exchanges (CEX) to integrate seamless DEX token search capabilities.

The feature is expected to bridge the gap between centralized and decentralized finance by enabling users to discover trending tokens and trade them directly via the OKX Wallet’s DEX aggregator. OKX stated that this addition reflects its mission to unlock opportunities by simplifying token discovery and trading for its users.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Tags: DEXDuneOKX
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Favour Okosodo

Favour Okosodo

Experienced web content writer with a strong command of SEO, specializing in creating concise, engaging content that drives traffic and enhances conversions across diverse industries.

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