- Eddy Finance achieves full Solana integration, enabling direct trading between SOL, BTC, ETH, BNB, and EVM-compatible chains without wrapped tokens.
- By eliminating bridges and wrapped assets, Eddy Finance enhances security, reduces fees, and simplifies cross-chain trading for a seamless user experience.
- Leveraging ZetaChain, Eddy Finance advances decentralized cross-chain trading, offering a more efficient, secure, and frictionless DeFi ecosystem.
Eddy Finance has achieved its complete interoperability with the Solana blockchain, with natively traded pairs between SOL, BTC, ETH, BNB, and major EVM chains including Base. The removal of wrapped assets and bridges translates into more efficiency, security, and accessibility for cross-chain trading.
Native Swaps without Bridge or Wrapped Assets
Traditionally, transferring assets from one blockchain to another has been achieved with the utilization of wrapped tokens and associated additional fees and security risks. Eddy Finance, utilizing Universal Smart Contracts and ZetaChain-driven Gateway, offers straight asset exchange without middle solutions. natively held Bitcoin and over 100 EVM tokens can be exchanged directly for SOL, USDC, and USDT on Solana. The process streamlines exchange, adds security, and expedites transactions.
A recent tweet on X from Wu Blockchain also confirmed this news, noting the elimination of wrapped tokens and bridge processes. With such barriers being eliminated, Eddy Finance simplifies user experience, reducing levels of complexity associated with trading on other chains.
Cross-Chain Trading between BTC, ETH, BNB, and SOL
With this new interoperability, Eddy Finance provides frictionless trading between Bitcoin, Ethereum, Binance Smart Chain, and Solana without intermediation. The value of this is that assets can be traded between networks without intermediation, and hence more rapidly and cheaply.
Eddy Finance has allowed traders to transfer their assets directly between major blockchain ecosystems without the use of wrapped tokens. This minimizes the security threats of traditional cross-chain solutions, such as bridge hacks, that, historically, have led to huge crypto industry losses.
Towards a Universal Cross-Chain DEX
Eddy Finance’s latest launch marks a step towards the provision of a decentralized exchange (DEX) with the capacity for cross-chain trading between ecosystems. The company intends to attain a trading environment where assets can be traded without blockchain compatibility.
By leveraging ZetaChain’s infrastructure, Eddy Finance simplifies trading across multiple chains, making trading more convenient and more efficient. With higher speeds, lower fees, and more security, this integration offers a major advancement in DeFi solutions for cross-chains.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
