TechFlow News, cross-chain infrastructure protocol Axelar has announced providing cross-chain interoperability technology support to DEX protocol Vertex. Previously, Axelar provided technical services to dYdX, Uniswap, and Pancakeswap. With this collaboration, Axelar's market share in cross-chain DEXs will exceed 50% (based on trading volume).
Georgios Vlachos, Director of the Axelar Foundation, stated that leading crypto derivatives DEXs and spot DEXs are now using the Axelar network for cross-chain connectivity. This level of adoption demonstrates the utility of the Axelar network for DEXs. Alwin Peng, Co-Founder of Vertex Protocol, said that Axelar's technology is significantly enhancing user experience, making crypto more universal and adaptable.
