RocketX’s APIs are equipped with robust anti-money laundering (AML) protocols to ensure multi-chain asset exchanges occur in a compliant manner.
RocketX has released the beta phase of its developer application programming interface (API) that simplifies the deployment of multichain decentralized applications (dApps) on any blockchain.
According to a press release shared with Coinspeaker, the API integrates advanced search and routing algorithms to enable self-managed asset exchange both on-chain and between other chains. Leverage a liquidity pool of over $100 billion across 450+ centralized and decentralized exchanges.
simple line of code
Currently in beta, the API allows developers to easily integrate RocketX’s hybrid aggregator into a variety of dApps using just a few lines of code. Whether for decentralized applications (DeFi), non-fungible token (NFT) marketplaces, or blockchain games, newly released APIs simplify integration, providing a variety of solutions for the cryptocurrency community.
Additionally, the RocketX API can provide dApps with a variety of benefits, providing users with the most competitive rates within the 200-strong DeFi ecosystem. These ecosystems include well-known chains such as Bitcoin, Ethereum, BNB Chain, Cosmos, Polygon, Solana, etc. Additionally, thanks to an algorithm that takes gas fees into account across all supported exchanges and bridges, users benefit from the lowest fees, all achieved with a response time of less than 1ms.
The release of the API also opens new horizons for applications such as GambleFi, GameFI and AI applications. According to the press release, users can now enjoy decentralized access to deep liquidity in the market and execute self-custodial order trading directly within their favorite dApp.
For developers, integration is simple with support for all major wallet types, asset pairs, and networks. Additionally, partners that integrate with RocketX share platform fees for each transaction, presenting an additional revenue stream for dApps.
Enhanced Security Measures
In addition to its features, RocketX also has robust anti-money laundering (AML) protocols built into its APIs to ensure multi-chain asset exchanges occur in a compliant manner. According to the release, the risk mitigation system leveraging on-chain analytics will automatically put a hold on suspicious transactions, prompting users to verify their identity while fully complying with regulatory standards.
The multi-chain DEX aggregator said its mission is to make the complex world of cryptocurrency more accessible by simplifying the journey towards a future where multiple blockchains work together seamlessly. RocketX plans to connect all dApps across the cryptocurrency industry’s major decentralized networks, making the protocol more accessible to users and developers.
Earlier this month, RocketX announced that it was integrating MicroVision Chain into its platform to promote interoperability between blockchains. This move connects the company to over 100 industry-leading blockchains, making it easier for users to interact across chains and send and receive assets across a variety of blockchains.
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