Dextools Integrates Shibarium

(MENAFN- CoinXposure) DEXTools, a platform renowned for its analytics services in the decentralized finance (DeFi) industry, has announced the integration of Shibarium, a new blockchain connected to the Shiba Inu cryptocurrency.

This change enables users to trade Shibarium tokens directly through the DEXTools platform.

In a recent social media post, DEXTools advised users to be prepared for high volatility and undertake their research (DYOR) before trading.

After two days of rigortesting, Shibarium underwent an optimization phase before being integrated.

The leading developer of Shibarium, Shytoshi Kusama, recently provided an update on the project's scaling efforts.

According to Kusama, the blockchain has been augmented with additional security measures, such as rate limiting at the RPC (Remote Procedure Call) level and an auto-reset server function to manage large traffic volumes.

The purpose of these optimizations is to prepare Shibarium for a public relaunch, thereby making the blockchain a potential scaling solution for the shiba inu cryptocurrency.

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However, the platform is currently in its testing phase.

DEXTools, led by CEO Javier Palomino and central team members Frederic Fernández and Pablo Ojanguren, is a notable player in the DeFi industry.

It has implemented several platform updates in 2023, including enhanced security audits and the addition of additional blockchains.

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