Lido Launches Token Swap Feature Supporting Ethereum, Arbitrum and Base
JOON HYOUNG LEE
Summary
- Lido said it has launched a token swap feature.
- The feature is built on CoW Swap and supports Ethereum, Arbitrum and Base.
- It is designed to reduce the risk of abnormally unfavorable exchange rates during large swaps through additional price protection and Chainlink price oracles.
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Lido has launched a token swap feature.
Odaily reported on November 5 that Lido rolled out the feature that day. It is powered by CoW Swap.
The feature supports three blockchains: Ethereum, Arbitrum and Base.
Additional price protection is automatically applied to large swaps. It is also designed to reduce the risk of users trading at abnormally unfavorable exchange rates by using Chainlink price oracles.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul