Osmosis Launches Cross-Chain Token Portal Polaris, Unifying Crypto Trading
CryptoNewsTerminal Staff11 Sep, 2024
Osmosis Launches Cross-Chain Token Portal Polaris, Unifying Crypto Trading
Osmosis (OSMO), the Cosmos-based decentralized exchange (DEX), has launched its cross-chain token portal, Polaris, enabling seamless asset trading across multiple blockchains. Through bridge abstraction, Polaris allows users to swap tokens from different networks on a single DEX. For instance, users can now trade Ethereum-based USDC for BTC. Sunny Aggarwal, Osmosis co-founder, highlights the benefits of Polaris: "With Polaris, we aim to integrate with various DEXes, allowing users to effortlessly trade assets across chains and track their portfolio in one place." This feature addresses the inconvenience of managing multiple wallets, bridges, and gas tokens for each chain. Polaris streamlines the trading process, providing a user-friendly interface for cross-chain token swaps.
