SwapKit.dev, a leading provider of cross-chain infrastructure, is revolutionizing the DeFi ecosystem with its latest strategic partnership with LI.FI, a renowned bridge and DEX aggregation protocol. This partnership is set to empower users of LI.FI partners like Jumper to access native asset swaps cross-chain via THORChain, marking a significant milestone in the world of decentralized finance.
With this groundbreaking integration, dApps built on LI.FI can now offer users seamless cross-chain swaps of native assets between Ethereum, BSC, and Avalanche, thanks to THORChain integration via SwapKit SDK+API. The addition of native Bitcoin swaps in Q3 further solidifies LI.FI’s support for native assets, paving the way for even greater expansion in the future.
The collaboration between LI.FI and SwapKit enhances LI.FI’s aggregation stack, bringing the total to 35 DEXs, DEX aggregators, solvers, and 16 bridges across 24 chains. This comprehensive suite of tools provides builders and users with a powerful toolkit for navigating the complexities of the cross-chain landscape, making it easier than ever to integrate native asset cross-chain swaps.
Max Klenk, CTO & Co-Founder at LI.FI, expressed his gratitude for the support from the SwapKit team, stating, “Integrating a new ecosystem is always a big lift. Thanks to the support from the SwapKit team, we were able to integrate them into our existing API, providing our partners with the same experience they have on the EVM integration.” He added, “SwapKit has significantly improved our cross-chain swap capabilities, giving us access to native asset transfers through THORChain.”
THORChain, built on the Cosmos SDK, is a decentralized cross-chain liquidity protocol that enables non-custodial native asset swaps across multiple chains without the need for wrapped or pegged tokens. This innovative protocol leverages continuous liquidity pools and economic incentives to ensure transparent and fair pricing, setting it apart from traditional DEXs.
By simplifying THORChain integration and offering a feature-rich suite of functionalities, SwapKit is quickly becoming the go-to solution for developers looking to enhance their products with seamless cross-chain capabilities. With its user-friendly API, SDK, and commitment to innovation, SwapKit is poised to shape the future of the multichain landscape.
In conclusion, the partnership between SwapKit and LI.FI represents a significant step forward in the DeFi space, offering users and builders alike a seamless and efficient way to access native asset swaps across different blockchains. As the industry continues to evolve, collaborations like this will play a crucial role in driving innovation and expanding the possibilities of decentralized finance.
