LI.FI, the leading DEX and bridge aggregation protocol, has achieved a major milestone in cross-chain functionality by integrating SwapKit SDK for THORChain swaps. This groundbreaking move enables LI.FI partners like Jumper to expand access to native asset swaps cross-chain through THORChain.
SwapKit, an all-inclusive SDK solution, provides native cross-chain trading, DEX aggregation, yield, lending services, wallet integration, analytics tools, and more. This technology stack empowers Web3 developers to create truly multi-chain dApps and products.
LI.FI’s SwapKit integration allows their partners to utilize THORChain for non-custodial swaps across leading blockchains like Ethereum, Avalanche, and BNB Smart Chain, with native Bitcoin support expected to arrive in Q3.
LI.FI: Industry Leading Swap/Bridge Solution
LI.FI is an all-in-one DeFi aggregation solution that enables same-chain and cross-chain swapping capabilities. Now powered by Swapkit, at the time of writing, LI.FI’s aggregation stack supports 35 DEXs, DEX aggregators, Solvers & 17 bridges across 26 chains to power cross-chain strategies.
The LI.FI team conducts thorough research to identify and select the best DEXs, bridges, and cross-chain solutions, providing users with the most optimal options. LI.FI offers white-label B2B solutions for cross-chain swapping, arbitrary contract calls, and innovative strategies like yield aggregation.
LI.FI currently powers projects across DeFi and Tradfi such as Robinhood, Metamask, Phantom, Brave, OpenSea, and 250+ more partners.
Pictured: ETH > AVAX swap via THORChain. Try it today on Jumper.exchange.
SwapKit: The Key to Unlocking THORChain’s Potential
LI.FI’s SwapKit integration is noteworthy as it leverages THORChain’s unique ability to facilitate non-custodial native asset swaps cross-chain, without relying on wrapped or pegged tokens.
THORChain is a decentralized cross-chain liquidity protocol that utilizes the Tendermint consensus engine, Cosmos-SDK state machine, and GG20 Threshold Signature Scheme (TSS). It operates as an independent Layer 1 cross-chain decentralized exchange (DEX) built on the Cosmos SDK.
It could be described as a “cross-chain automated market maker (AMM), like Uniswap”.
SwapKit provides a comprehensive SDK that simplifies the integration of cross-chain swaps, offering unparalleled flexibility and efficiency. By providing a unified interface for interacting with THORChain’s protocol, SwapKit simplifies the integration process for projects directly, or API providers such as LI.FI, allowing them to tap into THORChain’s robust liquidity pools and trustless cross-chain technology with minimal friction.
Max Klenk, CTO & Co-Founder at LI.FI, commented on the integration:
“Integrating a new ecosystem is always a big lift. Thanks to the support from the SwapKit team, we were able to integrate them into our existing API, providing our partners with the same experience they have on the EVM integration. SwapKit has significantly improved our cross-chain swap capabilities, giving us access to native asset transfers through THORChain.”
A True DeFi Gamechanger
This partnership between LI.FI and SwapKit represents a significant milestone towards a more interoperable DeFi ecosystem. By simplifying cross-chain swaps and expanding access to native assets, together SwapKit and LI.FI paves the way for more innovative DeFi applications and improved user experiences.
For developers looking to integrate native asset cross-chain swaps, SwapKit offers all the necessary resources to get started. As the multi-chain future unfolds, SwapKit is positioning itself as a key player in shaping the landscape of decentralized finance.
To learn more about SwapKit and how to integrate, visit our documentation at docs.swapkit.dev.
To explore LI.FI‘s enhanced cross-chain capabilities, experience them today on jumper.exchange
We invite other projects and teams to experience the transformative power of SwapKit. SwapKit offers a composable, user-friendly API+SDK that makes integrating cross-chain functionality easy- empowering any dApp to go multi-chain in less than 100 lines of code.
SwapKit comes with the benefits of streamlined affiliate fees, improved quotes & gas pricing, robust wallet connectivity, and DEX aggregation enabling swaps between 5,500+ crypto assets across 14 blockchains in a single transaction.
Powering leading protocols such as THORSwap, KeepKey, Onekey, OpenOcean and more, SwapKit abstracts the complexity of integrating THORChain services with a battle-tested infrastructure for cost-effective, enterprise-level performance.
Integrate our SDK to access state-of-the-art cross-chain technology, expand your trading operations, and drive significant volume and growth. SwapKit is more than a tool; it’s a gateway to the future of decentralized finance, offering a path to innovate, excel, and lead in the ever-evolving DeFi landscape.