Wombat Exchange will be listed on the Optimism chain and will cooperate with Frax Finance, Verified USD and Inverse Finance

According to official news, the cross-chain stablecoin decentralized exchange Wombat Exchange announced its cooperation with Frax Finance, Verified USD (USDV) and Inverse Finance (DOLA) to jointly promote the launch of Optimism. Not long ago, Wombat Exchange received a 150,000 OP grant from Optimism. It is expected that this fund will be used for Wombat Exchange’s liquidity incentive program on Optimism. Wombat’s launch of Optimism this time is part of its plan to become a major multi-chain and cross-chain exchange. Currently, Wombat has listed BNB Chain, Arbitrum, Ethereum, Scroll, Avalanche, Base and Optimism. Users can seamlessly perform same-chain and cross-chain exchanges of stablecoins on Wombat-supported chains. Alex, founder of Wombat Exchange, said: "Wombat's recent trading volume on the Scroll chain has reached 28 times its own locked-up volume, continuing our previous record of extremely efficient capital application on BNB Chain and Arbitrum. We will use this extremely efficient capital application High capital efficiency algorithms and designs are introduced to Optimism to help further drive Optimism adoption and DeFi usage.”