Flow Traders, a multi-asset class liquidity provider and public trading platform, has joined the solver network supporting multichain token swaps.
Wormhole announced on October 30 that Flow Traders has joined as a solver and will support the interoperability platform’s recently launched cross-chain transaction feature, Composable Intents. Flow Traders joins Wormhole’s (W) solver network that includes Google Cloud and AMD.
You might also like: MANTRA Chain adds Google Cloud as primary validator
Wormhole’s “resolvers” ensure that transfer requests are filled in real time across the chain, giving users the best rates for their transactions. The addition of Flow Traders to the network aims to strengthen cross-chain swaps through their liquidity and execution speed.
To support this, the market maker will apply its traditional experience in providing financial liquidity to decentralized finance.
The collaboration between Flow Traders and Wormhole follows a series of major integrations for the interoperability platform. Dragonfly-backed startup Agora added Wormhole as an interoperability provider for the stablecoin AUSD earlier this month.
On-chain protocols platform Infinex also integrated Wormhole as its primary interoperability provider, leveraging the partnership to power its multi-chain decentralized finance app.
Deep Blue, a Jersey-based stablecoin issuer, announced its partnership with the platform on October 29, choosing to use Wormhole’s native token transfers for multichain transactions for its stablecoin.
Other platforms using Wormhole’s technology include Circle, Uniswap, Sky (formerly MakerDAO), Securitize and Lido.
Meanwhile, the market’s push for interoperability has expanded Wormhole’s reach to more than 30 top blockchain networks, with use cases spanning decentralized finance, non-fungible tokens and governance.
You might also like: Nansen and Scroll collaborate for blockchain growth and improved analytics