Liquid Swap, the Aptos blockchain-based AMM operating under Pontem Network, has integrated Kana Labs. The integration with the company, which offers smart wallet solutions for account abstraction and cross-chain operations, benefits Liquid Swap with the ability to switch between EVM and non-EVM platforms.
Liquid Swap integration with Kana Labs Widget enables token swap between EVMs and non-EVMs
In its recent blog post, Kana Labs announced that Liquid Swap has integrated its ‘Kana Widget’. Pontem Network’s Liquid Swap operates as a prominent DeFi forum offering its services on Aptos. It offers various services such as yield farming, staking, liquidity pools and AMM DEX. These things help Aptos’ layer 1 ecosystem adoption with the Move platform’s blockchain infrastructure and dApps.
Pontem Network’s DeFi ecosystem also includes a number of other well-known products. They are Lumio (a VM layer 2 chain on Move) and Pontem Wallet (a self-custodial cryptocurrency wallet). The aforementioned widget works as a plug-and-play tool. It enables the DeFi entities to gain instant cross-chain capabilities. An advanced bridge aggregator and cross-chain liquidity are the driving force behind the instrument in question.
The users can switch between Solana, Aptos and Ethereum ecosystems with the integration
After completing this integration with Liquid Swap, consumers will be able to perform various token swaps. In this regard, they can exchange crypto tokens between Solana, Aptos and Ethereum ecosystems. The token swaps between the chains would usually incentivize a consumer to switch using a centralized exchange. Otherwise they would need more than one swap between different DEXs.
This whole process is time consuming and incurs huge gas costs when switching between different bridges and DEXs. In such a situation, Kana Labs’ widget allows developers to connect their entity directly to the platform’s AMM Swap aggregator. It is reportedly powered by Kana Labs’ cross-chain decentralized exchange and bridge aggregator mechanism.
