Flash News: Okx Wallet Now Integrated With Frax Finance, A Decentralized Stablecoin Protocol


(MENAFN- GlobeNewsWire - Nasdaq) SINGAPORE, Aug. 22, 2023 (GLOBE NEWSWIRE) -- okx , a leading Web3 technology company, has issued updates for the day of August 21, 2023.

OKX Wallet Now Integrated with Frax Finance, a Decentralized Stablecoin Protocol

okx wallet has integrated with frax finance , a decentralized stablecoin protocol. With this integration, users can access Frax Finance's solutions via both web extension and discover :

  • Fraxswap: An automated market maker (AMM) with an embedded time-weighted average market maker (TWAMM) for conducting large trades over long periods of time trustlessly.
  • Fraxlend: A trustless, permissionless and non-custodial lending platform that provides lending markets between any two ERC-20 tokens.
  • Fraxferry: A permissionless, non-custodial and secure method to transfer natively issued Frax Protocol tokens across many blockchains without requiring bridges or third-party applications.

OKX also listed the protocol's Frax Share (FXS) token on its centralized exchange on july 6, 2023 , enabling users to trade FXS against USDT - and vice versa - via the FXS/USDT spot pair.

OKX Wallet is a universal crypto wallet available on multiple platforms and interfaces, including app, web and web extension. It enables users access to 3,000+ cryptocurrencies, 60+ networks, thousands of DApps and a one-stop decentralized NFT Marketplace.

For more information, please visit the support center .

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