May 20, 2021 – Zug, Switzerland
DeFi project deFIRE has announced a partnership with live market data aggregator Coin360.
deFIRE, a smart order routing engine powered by Changelly and built on Cardano, will tap into Coin360’s global audience while utilizing its low latency data feed across multiple blockchain networks.
By delivering distributed oracle infrastructure for Cardano, deFIRE will enhance the network’s expanding DeFi ecosystem and cater to institutional order flow originators and retail traders.
Thanks to the partnership with Coin360, DeFi users can operate safely in the knowledge that deFIRE is supplying trustless, reliable price feeds from DEXs and other relevant data feeds.
Both projects intend to explore further collaboration and integration opportunities deemed mutually beneficial. Such integration is likely to include Coin360 providing optimal execution services to deFIRE users via APIs for the universe of Cardano-native tokens and beyond.
Coin360 builds tools such as heat maps, liquidity books, widgets and charts intended to help novice and expert traders stay up-to-date on the crypto market’s movements. Its feature-rich API is also capable of supporting the demands of institutional investors who require access to advanced analytics and market data.
With over 4.65 million visitors to its site, Coin360 ranks as one of the leading crypto data aggregators. Its active user base has seen Coin360 ranked in the top 16,000 websites globally.
deFIRE recently raised over $5 million in a pre-IDO funding round, with investments coming from top-tier VC funds such as Morningstar, Cryptodromfund and SwissBorg Ventures.
deFIRE is currently pioneering something few of its industry rivals can hope to matcha low latency decentralized order router aimed at the rapidly expanding universe of Cardano native tokens. The platform is offering its facilities to the growing network of institutional order flow originators and retail traders. Execution-wise, deFIRE connects to the deepest pools of on-chain liquidity while also building one of its own.
Coin360 is a leading cryptocurrency market data provider founded in 2017. Known for its interactive infographic that provides an up-to-date snapshot of the digital asset market, Coin360 provides users with a compelling view of the current state of the industry in a visually pleasing format.
Maryam Mahjoub, deFIRE