RocketX Integrates With The Hedera Blockchain To Boost DeFi Interoperability

RocketX, the multichain CEX and DEX aggregator that seamlessly transfers digital assets across 100+ blockchains, announced on Thursday, August 10th, that it has integrated with the Hedera blockchain.

In a press release shared with Cryptowisser, the team said the integration brings it a step closer towards achieving its goal of enabling interoperability between all decentralized networks. 

According to the RocketX team, the integration simplifies interoperability between Hedera and over 100 other blockchains currently supported by RocketX.

With the Hedera blockchain launching on the RocketX app, crypto users and investors will benefit from simple onboarding to the network. Users can seamlessly transfer assets to and from Hedera from leading blockchains, including Bitcoin, Ethereum, Cosmos, Solana and Fantom, in a single click. 

Furthermore, centralized and decentralized exchanges won’t need to worry about adding liquidity to support Hedera, as RocketX swaps will use the existing liquidity on multiple exchanges and blockchain bridges. 

The integration is also a huge milestone for the Hedera blockchain, as it will bring more users to the network. This will lead to more transactions, higher trading volumes and more DeFi activity. 

The integration is also an excellent achievement for RocketX as it seeks to eliminate the boundaries between blockchains to pave the way for a multichain future.

RocketX wants to build interoperability between every blockchain that counts, with its end goal being to accelerate DeFi’s growth and onboard the first billion users to Web3. 

RocketX is the go-to platform for seamlessly transferring digital assets between 200+ blockchains like Btc, Eth, Solana, Cosmos, etc via a single UI/API. RocketX simplifies access to $100B+ liquidity by aggregating 300+ DEXS & all leading CEXs.

Meanwhile, Hedera is an open-source, leaderless proof-of-stake public ledger. Hedera’s robust ecosystem is built by a global community on a network governed by a diverse council of industry-leading organizations, including; Avery Dennison, Boeing, Chainlink Labs, COFRA Holdings, DBS Bank, Dell, Dentons, Deutsche Telekom, DLA Piper, EDF (Électricité de France), eftpos, FIS (WorldPay), Google, IBM, the Indian Institute of Technology (IIT), LG Electronics, and several others.