Cross-chain DEX aggregator provides seamless swaps between major blockchains

cointelegraph.com:

The success of the Ethereum network has been both a major step forward for DeFi and one backward for scalability.

Now, widespread usage of decentralized apps (DApps) is growing with the hype of NFTs and the metaverse, resulting in a significant number of transactions and, therefore, increased processing times. Ethereum's struggle with scalability and high fees has led to tremendous growth in DApps, users and capital on alternate chains. Right now, according to on-chain analytics, alternate chains make up more than 45.2% of the total on-chain value. 

Forging the path forward is a number of solutions, varying from new networks to Ethereum bridges. While bridges such as AllBridge, AnySwap and Ronin Bridge are often positioned as a solution to move assets to alternate chains, at present, they come with significant complexity. Users have to deal with the inefficient process of wrapping and unwrapping tokens and sourcing for liquidity. This has become a pain point for both experienced and inexperienced users.  

Reducing the complexity of cross-chain swaps is the Atlas DEX. The decentralized exchange is making fast and seamless swaps between different chains possible by sourcing liquidity across multiple DEX aggregators, DEXs and automated market makers (AMMs). Users are able to swap and receive native tokens in a single transaction without having to unwrap them after. Atlas leverages an algorithm to source the best rates and splits users’ trades to the most efficient routes while simultaneously minimizing gas fees and slippage. The result is an ideal choice for all investors, regardless if they are retail or institutional users.

However, the platform has a lot more in the works, as indicated by Ahmed Salam, the founder of Atlas