SINGAPORE, Jan. 15, 2024 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company, has issued updates for January 15, 2024.
OKX Wallet Now Integrated with Navi, a One-Stop Liquidity Protocol on the Sui Blockchain
OKX Wallet is now integrated with Navi, a one-stop liquidity protocol on the Sui blockchain. With this integration, OKX Wallet's web extension users can easily participate as liquidity providers or borrowers within the Sui ecosystem on Navi. Additionally, this integration merges the strengths of both Navi and OKX Wallet, paving the way for a more seamless and convenient user experience in the digital asset borrowing and lending space.
To access Navi, OKX Wallet users simply need to:
- Download the OKX Wallet web extension (available as a Chrome and Firefox browser add-on)
- Create a new OKX Wallet or add an existing one
- Connect their OKX Wallet to Navi via web extension
Navi is dedicated to creating a decentralized, one-stop collateralized lending and liquidity market. Since its launch over seven months ago, Navi has amassed a user base of 760,000. It boasts a Total Value Locked (TVL) of USD 77 million and USD 27 million in borrowed assets, accounting for 64% of the Sui chain's volume.
For more information, please visit the OKX Support Center.
For further information, please contact:
Media@okx.com
About OKX
A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:
- OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
- DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.
- NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
- Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.
OKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.
As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.
To learn more about OKX, download our app or visit: okx.com
