March 11, 2024, Coinweb, a pioneering layer 2 interoperability platform, is thrilled to announce its integration with OrangeDX, a first-generation Bitcoin DeFi hub. Coinweb Labs has extended a grant to support OrangeDX’s innovative dApp, marking a significant milestone in the advancement of DeFi.

OrangeDX, known for its multifaceted platform that empowers users with trading, swapping, securing, and launching BRC20 and bridged EVM tokens, offers a comprehensive suite including borrowing, lending, and more. Notably, OrangeDX features a native DEX aggregator for BRC-20 tokens, boosting liquidity and trading efficiency.

Coinweb’s Protocol integration will elevate OrangeDX by providing vital infrastructure support, enabling the creation of an independent and resilient cross-chain DeFi ecosystem. This integration maximizes capital efficiency and security for OrangeDX’s cross-chain DEX through robust collateralized smart contracts.

Additionally, OrangeDX clients will benefit from innovative inscription security solutions, ensuring verification accuracy even amid node disagreements. Coinweb eagerly anticipates introducing the OrangeDX community of over 25,000 members to its ecosystem through cross-marketing opportunities.

Toby Gilbert, CEO and Co-Founder of Coinweb, expressed enthusiasm, stating, “Our collaboration with OrangeDX represents a significant step forward in advancing Bitcoin DeFi capabilities. By combining Coinweb’s cutting-edge technology with OrangeDX’s innovative platform, we are poised to unlock new opportunities and drive sustainable growth within the blockchain ecosystem.”

With a shared commitment to innovation and decentralization, Coinweb and OrangeDX are set to redefine the future of decentralized finance, empowering users worldwide with enhanced liquidity, security, and accessibility.

Announcement: https://coinweblabs.io/orangedx-will-be-integrating-with-the-coinweb-protocol-and-coinweb-labs-have-extended-a-grant-to-support-their-innovative-dapp/ Show Less