In a significant move, Mayan and Rango Exchange have announced a partnership to enhance cross-chain trading in decentralized finance (DeFi). This latest collaboration brings together Maya’s bridging and cross-chain swap technology on the Rango platform. By doing this, users and decentralized apps (dApps) will have easy, fast and secure cross-chain trading options.
Excited to announce that Rango has integrated @MayanFinance, powered by @Wormhole! 🌉
This integration unlocks seamless #crosschain swaps with faster speeds, better rates, and unparalleled UX for Solana and beyond.
Your gateway to the future of #DEFI starts with Rango! 🌐📃… pic.twitter.com/0HANRSmZPs
— Rango (💙, 🔄) (@RangoExchange) December 23, 2024
Collaboration between Maya and Rango improves efficiency and costs between the chains
Mayan is built on the Wormhole blockchain and allows the user to exchange tokens between Solana, Ethereum, Base, Arbitrum, Polygon and Avalanche at a low cost. Mayan offers three methods to balance speed and cost: Liquidity Layer uses Solana as its hub, applies Mayan Circle Transfer Protocol (MCTP) which uses Circle’s CCTP for transfers, and uses Swift, which is a fast method of transferring funds on one chain to lock and execute the trade on the other chain. This enables faster, secure and competitive cross-chain swaps for users.
Mayan’s technology will be added to Rango Exchange. It is a decentralized exchange (DEX) in the world of digital assets. The integration increases TokenRango’s cross-chain capabilities. In general, Rango users receive faster swaps and lower fees by accessing Mayan’s liquidity layer, MCTP or Swift. Furthermore, dApps using Rango’s API will enable smooth cross-chain trading. This means that they can also offer their users advanced functionality without the need for any training.
Maya and Rango are going to revolutionize DeFi
Improving the user experience of cross-chain swaps has become easier and faster. This reduces the need for transactions and guarantees users competitive rates. The integration helps developers simplify cross-chain functions without complexity.
Finally, the relationship between Maya and Rango sets a new standard that DeFi has come to know about cross-chain interoperability. This partnership will help both companies grow and revolutionize the DeFi ecosystem.
