OceanEx and iZUMi Reached A Strategic Partnership to Launch DEX EntropyX Connecting CeFi and DeFi

Recently, OceanEx is undergoing a series of rebranding strategies to improve user experience. Our goal is to connect CeFi and DeFi, and onboard more DeFi solutions to our users. Now we are excited to announce that we have developed a partnership with iZUMi Finance.​​ iZUMi Finance is a DeFi protocol providing one-stop Liquidity as a Service (LaaS), dedicated to providing liquidity service on ZK-rollups and multi-chains.With the support from iZUMi, the expert in this leading field, OceanEx launches our new DEX– EntropyX. Entropy is a thermodynamic concept used to describe the degree of chaos of matter. Its significance mainly lies in its changes, and as an exchange in the crypto market, it is necessary to embrace new change. Moreover, we will also carry out in-depth and close cooperation in other business aspects.

We will keep OceanEx as our CeFi business and launch the DeFi platform EntropyX. EntropyX is a multi-chain supported decentralized exchange of OceanEx. Unlike centralized exchanges, as a peer-to-peer marketplace where tradings occur directly between different crypto traders in the market, EntropyX provide users with liquidity products which supported Ethereum, Arbitrum and BNB-Chain and more in 100% non-custodial way while its swap products ENTSwap used an innovative high efficiency AMM model compatible with Uniswap V3 and Order Book. Meanwhile, we will launch the new product ENTSwap on EntropyX.

ENTSwap is the first new product of EntropyX. ENTSwap is the innovative and top on-chain Order Book DEX, providing CEX-like user experience to DEX users on Layer 2. It is a simple and easy tool to buy or sell your crypto assets with zero or optional fees. On ENTSwap, you are able to trade tokens at an exact price to avoid front-run and slippage and keep your money 100% in your wallet in a fully decentralized and non-custodial way.

In the near future, we will also conduct close cooperation with iZUMi in the various fields such as listing, DeFi technology and marketing. In addition, we also plan to launch more DeFi solutions and staking services. Stay tuned for more updates!

May/22/2023

OceanEx Team

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