Osmosis Unveils New Features to Enhance Decentralized Trading Experience

Osmosis introduces significant updates, including a streamlined fund transfer system, limit orders, and cross-network integrations.

Updates

Aug 17, 2024

0 min read

Osmosis, the decentralized exchange renowned for its innovative features, has rolled out a series of updates designed to enhance user experience and provide greater control over asset management. These updates mark a substantial step forward for the platform, making interactions smoother and more intuitive for its growing community of users.

Overhauled Fund Transfer System

One of the most notable changes is the complete overhaul of the fund transfer system. Osmosis has introduced a new, more immersive full-screen experience that simplifies the process of depositing and withdrawing assets. Users can now manage their deposits or withdrawals directly from the Portfolio page or specific Asset pages, allowing for a more streamlined flow that enhances ease of use.

Additional Wallet Support

The Osmosis platform now also supports the connection of additional wallets for assets coming from EVM networks, broadening the range of transactions that users can handle. This feature is particularly beneficial as it opens the door to more network and wallet support in future updates.

Integration with Leading Routing Providers

In an effort to streamline cross-network transfers, Osmosis has integrated with routing providers like Skip Protocol and Squid Router. This integration allows users to transfer assets across different networks without leaving the Osmosis platform. Users can now choose between faster, cheaper, or alternative routes depending on their specific needs, making the process more efficient and tailored to individual preferences.

Limit Orders for Precise Trading

Osmosis has also introduced the ability to place limit orders directly on the platform. This feature allows users to set the exact price at which they wish to buy or sell an asset, providing greater control over trading strategies.

Automatic Asset Conversions

Additionally, for users dealing with asset variants like USDC.axl, Osmosis has introduced an auto-conversion feature that standardizes these assets on the way in, further simplifying the user experience. These updates showcase Osmosis’s commitment to continually improving its platform, making it more accessible and user-friendly for both novice and experienced users.

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