SwapKit Integrates with LI.FI to Drive the Growth of Today's DeFi Ecosystem

SwapKit, a leading provider of cross-chain infrastructure, is driving the growth of today's DeFi ecosystem through its exciting new partnership with LI.FI

Cross-chain infrastructure provider SwapKit is continuing to expand the capabilities of today’s decentralized finance (DeFi) ecosystem through a new partnership with LI.FI, a leading bridge and DEX aggregation protocol. This integration will enable users of LI.FI partners, such as dApps and wallets, to gain seamless access to native asset swaps across different blockchains through THORChain.

The integration of THORChain into the SwapKit SDK+API will allow dApps to facilitate cross-chain swaps of native assets between Ethereum, BSC, and Avalanche on LI.FI. This marks a significant expansion in LI.FI’s native asset coverage, which is set to grow further with the upcoming addition of native Bitcoin swaps in Q3.

With the addition of SwapKit, LI.FI now aggregates a total of 35 DEXs and 16 DEX aggregators, solvers, and bridges across various chains. This all-inclusive suite provides developers and users with a robust set of tools to navigate the complexities of the cross-chain ecosystem. SwapKit offers a complete solution for builders seeking to integrate native asset cross-chain swaps, covering the technical aspects and providing documentation, examples, and support.

“Integrating a new ecosystem is always a big lift. Thanks to the support from the SwapKit team, we were able to integrate them into our existing API, providing our partners with the same experience they have on the EVM integration,” said Max Klenk, CTO & Co-Founder at LI.FI. “SwapKit has significantly improved our cross-chain swap capabilities, giving us access to native asset transfers through THORChain.”

THORChain is a decentralized cross-chain liquidity protocol that operates as an independent Layer 1 DEX. It is built on the Cosmos SDK and leverages the Tendermint consensus engine, Cosmos-SDK state machine, and GG20 Threshold Signature Scheme (TSS). Unlike traditional DEXs, THORChain enables non-custodial native asset swaps across multiple chains, eliminating the need for wrapped or pegged tokens. This ensures a pricing system that is transparent and fair, without the involvement of centralized entities. The decentralized protocol utilizes continuous liquidity pools to optimize efficiency, handling funds directly in on-chain vaults that are protected by economic incentives.

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