OKX brings DEX aggregator to MetaMask with Consensys partnership
The collaboration integrates OKX's DEX API with MetaMask, giving the wallet's user base access to liquidity from over 500 DEXs across 25 blockchains, the exchange said in a news release shared with Cointelegraph.
'MetaMask's ambitious multichain strategy toward becoming a universal wallet for the Web3 ecosystem aligns with the connected blockchain ecosystem we're helping to build,' said Jeff Ren, founder of OKX Ventures.
Ren added that the OKX DEX aggregator connects MetaMask users to over 500 liquidity sources with execution speeds under 100 milliseconds. 'We share a vision of a more accessible blockchain ecosystem where technical barriers disappear.'
OKX Wallet adopts MEV protection
As part of the deal, OKX Wallet has also adopted Consensys' SERVO, a solution designed to defend users against maximum extractable value (MEV) attacks. The integration is the first time Consensys has partnered externally to embed SERVO into a third-party wallet.
'MEV remains a complex challenge,' said Jason Linehan, chief strategy officer at Consensys. 'OKX's integration of Consensys SERVO reflects a strong commitment to user safety and protocol-aligned innovation.'
The partnership comes at a time when onchain trading is reaching execution parity in price and speed with centralized exchanges, Ren said. He added that DEX to CEX volume ratios continue to climb, indicating increased interest in decentralized trading avenues.
Looking forward, Ren said the future of trading will rely on a diverse ecosystem where DEX aggregators, specialized decentralized exchanges, and centralized platforms coexist to support seamless asset movement and reduce liquidity concentration. OKX adds new safeguards after DEX misuse
In March, OKX temporarily suspended its DEX aggregator after detecting an attempted misuse by North Korea's Lazarus Group. The suspension came amid reports that EU regulators were investigating OKX Web3 and its wallet services for allegedly facilitating money laundering from the $1.5 billion Bybit hack.
In response, the firm has rolled out new safeguards, including real-time blocking of suspicious addresses and warning alerts for potentially dangerous transactions, Ren said. Audits from CertiK, Hacken and SlowMist, plus an ongoing bug bounty program, backed these measures.
Source: https://cointelegraph.com/news/okx-consensys-dex-aggregator-metamask
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