OpenOcean PriceOOEInactive

What is OpenOcean (OOE)?

OpenOcean (OOE) is the native token of OpenOcean, a multi-chain decentralized exchange (DEX) aggregator and cross-chain swap aggregator. The project positions itself as a leading aggregation protocol for cryptocurrency trading, designed to deliver the best swap returns through intelligent routing across most chains. Powered by a self-developed intelligent algorithm, OpenOcean splits routes across various liquidity pools and optimizes swap returns by taking price, slippage, and costs into total consideration. The platform also functions as a DeFi middleware provider, offering robust APIs for swaps, DCA, limit orders, and meme trading, enabling dApps and developers to integrate advanced trading functionalities seamlessly. The OOE token has a total and maximum supply of 1,000,000,000 tokens. The project has been operating since 2020 and launched its token in 2021. The OOE token launched in 2021 (CoinMarketCap registry launch date 2021-12-09; Yahoo Finance start date 2021-05-19), and OOE is deployed on Arbitrum One as an ERC-20 token. The project is backed by notable investors and has expanded its token deployment across multiple chains, including BNB Smart Chain, Arbitrum One, and Ethereum.

Key Specifications & Tokenomics

• Name: OpenOcean
• Symbol / Ticker: OOE
• Consensus: Not applicable (multi-chain aggregator token)
• Smart Contracts: BNB Smart Chain (BEP20), Arbitrum One (ERC-20), Ethereum (ERC-20)
• Contract Address (Arbitrum One, ERC-20): 0xdcbf4cb83d27c408b30dd7f39bfcabd7176b1ba3
• Contract Address (Ethereum, ERC-20): 0x7778360f035c589fce2f4ea5786cbd8b36e5396b
• Contract Address (BNB Smart Chain, BEP20): 0x8ea5219a16c2dbf1d6335a6aa0c6bd45c50347c5
• Block Explorer: https://bscscan.com/token/0x8ea5219a16c2dbf1d6335a6aa0c6bd45c50347c5
• Category: DEX Aggregator, Cross-Chain Swap Aggregator, DeFi Middleware
• Total Supply: 1,000,000,000 OOE
• Max Supply: 1,000,000,000 OOE
• Self-reported Circulating Supply: 574,525,932 OOE
• Note: the CoinMarketCap registry snapshot shows a circulating supply of 0, while the project self-reports 574,525,932 OOE (57.45% of total supply) — a large discrepancy in supply reporting.
• Launch Date: 2021 (CoinMarketCap registry launch date 2021-12-09; CMC listing date 2021-05-19)
• Official Website: https://openocean.finance/
• Whitepaper / Documentation: https://docs.openocean.finance/
• Source Code: https://github.com/openocean-finance
• Community: https://t.me/OOFinance ; https://discord.gg/cxK6CCYcGp ; https://twitter.com/OpenOceanGlobal

Who created OpenOcean?

OpenOcean is backed by top investors including Binance Lab, Multicoin and CMS, and is listed under the YZi Labs Portfolio and MVB tags on CoinMarketCap. It has received support from the Arbitrum ecosystem, being among the first batch of protocols on Arbitrum to be awarded S.T.I.P grants.

How does OpenOcean work?

OpenOcean operates as a DEX aggregator and cross-chain swap aggregator that connects users to over 1,000 liquidity sources across more than 40 chains. The aggregation pipeline follows four core steps: Aggregate, where the system connects to numerous liquidity sources; Route, where it computes the optimal swap path; Quote, where it returns the best price and calldata; and Execute, where the user signs and broadcasts the transaction. The integration flow involves calling Quote to get the best route, then Swap to get the transaction body, after which the app or user signs and broadcasts. OpenOcean's smart order routing provides optimal path and pricing with automatic split routes and multi-hop when beneficial. It supports both EVM and non-EVM chains, including Ethereum, BNB Chain, Arbitrum, Solana, and Sui. The platform is non-custodial, meaning it never custodies funds, and all transactions are signed by users. According to OpenOcean's API documentation, the platform covers 40+ chains, 1,000+ liquidity sources and 500+ DEXs, and reports 99.9% uptime.

What makes OpenOcean unique and valuable?

OpenOcean distinguishes itself through several key features. Its multi-chain aggregation capability provides one API for 40+ chains and 1,000+ liquidity sources, eliminating the need for per-DEX integrations. The intelligent routing algorithm finds the best price and lowest slippage for traders across centralized and decentralized exchanges with no additional fees. The platform offers deep liquidity access to major sources including Uniswap, Balancer, PancakeSwap, Curve, RFQ, and private liquidity. Developer-friendly tools such as REST API, SDK, and Widget with clear documentation make integration seamless for dApps and developers. OpenOcean's non-custodial design ensures users maintain control of their funds at all times. The platform provides APIs for swaps, DCA, limit orders and meme trading, and its smart order routing splits routes across liquidity pools to optimize price, slippage and costs. OpenOcean offers APIs for swaps, DCA, limit orders and meme trading that dApps and developers can integrate.

What is OpenOcean used for?

The OOE token serves multiple utility functions within the OpenOcean ecosystem. OOE is a multichain governance token; holders can participate in governance of the OpenOcean ecosystem. Beyond these specific utilities, OOE functions as the native asset that aligns incentives among traders, stakers, and ecosystem participants. The token is integral to the platform's aggregation services, which include swaps, DCA, limit orders, and meme trading. As OpenOcean continues to expand its multi-chain presence, the OOE token is positioned to play a central role in facilitating efficient on-chain trading experiences across supported networks.

How Is the OpenOcean ecosystem developing?

The OpenOcean ecosystem has been steadily developing since its inception. OpenOcean has received support from the Arbitrum ecosystem and was among the first batch of protocols on Arbitrum to be awarded S.T.I.P grants. OpenOcean supports both EVM and non-EVM chains, including Ethereum, BNB Chain, Arbitrum, Solana and Sui. The project continues to expand its chain support and integration network.

How to mine OpenOcean?

OpenOcean (OOE) is not a mineable cryptocurrency in the traditional sense, as it operates as a multi-chain aggregator token rather than a proof-of-work blockchain. Instead of mining, users can participate in the ecosystem through staking mechanisms. OOE token stakers can earn staking rewards while enjoying gas rebates when trading on Arbitrum. The staking model incentivizes long-term holding and active participation in the ecosystem. Additionally, users can engage with the platform's various services, such as providing liquidity or utilizing the aggregation services, which may offer additional opportunities for earning rewards. The OpenOcean Arbitrum DAO also allows token holders to participate in governance, further aligning incentives among stakeholders. For specific details on staking procedures, reward rates, and eligibility requirements, users should consult the official OpenOcean documentation and platform announcements.

How to keep your OpenOcean Coin safe?

Keeping your OpenOcean (OOE) tokens safe requires adherence to standard cryptocurrency security practices. Since OpenOcean is a non-custodial platform that never custodies funds, users are solely responsible for the security of their assets. Use reputable wallets that support the networks on which OOE is deployed, including BNB Smart Chain, Arbitrum One, and Ethereum. Hardware wallets provide an additional layer of security by keeping private keys offline. Always verify contract addresses before interacting with any token, and be cautious of phishing attempts and fake websites. Enable two-factor authentication where available and never share your private keys or seed phrases with anyone. When using DeFi services, ensure you are interacting with official OpenOcean platforms and verified smart contracts. Regularly update your wallet software and stay informed about security best practices. Consider using separate wallets for different purposes to minimize risk exposure, and always double-check transaction details before signing.

Risks

OOE is a highly volatile asset; its price has ranged from an all-time high of $10.94 to an all-time low of $0.0001999. Reported supply figures also differ between the project and data aggregators, so readers should verify figures independently.