RocketX ensures that the API is equipped with robust anti-money laundering (AML) protocols, ensuring that cross-chain asset exchanges are carried out in a compliant manner.
RocketX has unveiled the beta phase of its application programming interface (API) for developers, which streamlines the deployment of multi-chain decentralized applications (dApps) on any blockchain.
According to a press release shared with Coinspeaker, the API incorporates an advanced discovery and routing algorithm, enabling self-custodial asset exchanges both on-chain and cross-chain. Leverage a liquidity pool exceeding $100 billion from over 450 centralized and decentralized exchanges.
A simple line of code
With the API now in beta, developers gain the ability to effortlessly integrate RocketX’s hybrid aggregator into multiple dApps using just a few lines of code. Whether decentralized applications (DeFi), non-fungible token (nft) marketplaces, or blockchain games, the newly launched API simplifies integration and provides a versatile solution for the crypto community.
Additionally, the RocketX API offers a variety of benefits for dApps, allowing them to offer users the most competitive rates within 200 DeFi ecosystems. These ecosystems span well-known chains such as bitcoin, ethereum, BNB Chain, Cosmos, Polygon, Solana, and more. Additionally, users benefit from the lowest rates, thanks to the algorithm that considers gas rates on all supported exchanges and bridges, all achieved with a response time of less than 1 ms.
The launch of the API also opens new horizons for applications such as GambleFi, GameFI and ai. According to the press release, users can now enjoy decentralized access to deep market liquidity and execute self-custody order transactions directly within their favorite dApps.
For developers, integration is simple and supports all major wallet types, asset pairs, and networks. Additionally, partners who integrate with RocketX can earn a portion of the platform fee for each transaction, presenting an additional revenue stream for their dApps.
Enhanced security measures
In addition to its functionalities, RocketX ensures that the API is equipped with robust anti-money laundering (AML) protocols, ensuring that multi-chain asset exchanges are carried out in a compliant manner. According to the statement, a risk mitigation system, which uses on-chain analysis, automatically puts suspicious transactions on hold, prompting users to verify their identities while maintaining full compliance with regulatory standards.
The multi-chain DEX aggregator said its mission is to make the complex world of cryptocurrencies more accessible by simplifying the journey towards a future where multiple blockchains collaborate seamlessly. RocketX plans to connect all dApps through the crypto industry’s leading decentralized networks, making it easier for users and developers to access the protocols.
Earlier this month, RocketX announced the integration of MicroVision Chain into its platform to facilitate interoperability between blockchains. Through this move, the company connected to over 100 industry-leading blockchains, making it easier for users to interact between chains as well as send and receive assets across different blockchains.
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