BNB
by BSCN
March 17, 2023
Stableswap Wombat Exchange said it is expanding from BNB Chain to the red-hot L2 Arbitrum.
Upstart Decentralized Exchange (DEX) Wombat Exchange is extending its ambitions from BNB Chain to Arbitrum, the stableswap announced Friday.
On Twitter, Wombat Exchange posted, “we have exciting news that we're heading to @arbitrum. LFG!!!”
The DEX has openly harbored plans for a multichain expansion, including to Arbitrum, but Friday’s tweet is a bit surprising because Polygon was initially named as its first destination outside of BNB Chain.
According to the protocol’s recently updated roadmap, expansions to both Polygon and Arbitrum are both slated to occur between April and June.
Ahead of the promised multichain expansion Wombat Exchange and its three competing yield-boosting platforms, Wombex Finance, Magpie XYZ and Quoll Finance, continue to add liquidity pools for users to stake their funds in exchange for rewards.
Most recently, Wombat Exchange integrated currencies from the Ethereum ecosystem, including $frxETH and $ETH (BEP-20 versions).
Meanwhile, Arbitrum is soaring on news that the highly-anticipated airdrop of its ARB token is set for March 23.
Wombat Exchange is a multi-chain stableswap focused on fueling DeFi growth and promoting its product’s scalability, accessibility, and efficiency in the multi-chain space. The protocol allows users to swap stablecoins at minimal slippage and stake at maximum yield.
Latest News
March 21, 2025
What is PIDaoSwap? A New Decentralized Exchange (DEX) on Pi Network
March 21, 2025
What Makes Sidra Chain Unique? Full Analysis
March 21, 2025
CHEEMS Memecoin Analysis: A BNB Giant
March 21, 2025
Who Is the Mysterious Hyperliquid Whale?
March 21, 2025
PumpFun Introduces PumpSwap to Challenge Raydium
March 20, 2025
Goldfinch and Plume Unlock Private Credit in the Crypto Ecosystem
March 20, 2025
BNB Analysis: Massive Growth and Outperforming BTC
March 20, 2025
Pi Network Launches New Two-Factor Authentication Process