OpenOcean
OpenOcean is a Singapore-based DEX aggregator that routes crypto trades across 1,000+ liquidity sources on 40+ EVM and non-EVM chains, serving 2.8M+ retail users, DeFi developers, and institutional traders via its swap app, REST API, and prediction markets.
- Company typePrivate
- Founded2019
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What OpenOcean does
OpenOcean is a Singapore-headquartered decentralized exchange (DEX) aggregator founded in 2019 that routes trades across 1,000+ liquidity sources on 40+ EVM and non-EVM blockchain networks, including Solana. The platform's core product, Swap, applies a proprietary routing algorithm to deliver best-price execution for end users, and has processed 20M+ cumulative trades for 2.8M+ active users. Supporting products include Cross-Chain bridging, Limit Orders, DCA (now live on Base Chain), a Prediction Markets platform (featuring event markets such as the FIFA World Cup 2026), and StableEarn for stablecoin yield. The platform emphasizes MEV protection via dynamic slippage and advanced defense mechanisms and reports an average API response time under 150ms with capacity for 1,000+ requests per second.
OpenOcean monetizes through three primary streams: transaction fees on DEX swaps routed through the platform, Pro API monetization targeting developers and institutional clients, and fees on prediction market positions. Its go-to-market is product-led and API-first, distributing through a self-serve consumer app, a REST API with SDKs in JavaScript, Python, and Go, and a Widget SDK for embedded partner integrations, supported by community channels on Discord, Telegram, and Twitter/X. Customer segments span retail crypto traders (primary), DeFi developers and dApp builders (primary), and professional/institutional traders (secondary). The company is privately held with 11–50 employees; co-founder Cindy Ng is identified. Backers include Binance Labs, OKX Ventures, Multicoin Capital, CMS Holdings, LD Capital, Altonomy, and Kenetic Capital, with a $2 million seed round closed in March 2021 led by Binance.
In 2026, OpenOcean shipped several major updates including the OpenOcean v4 Lightning release, DCA on Base, AI Agent Skills for agent-driven integrations, and Prediction Markets. The company also co-led a €4 million pre-seed investment in Sitegeist (a Munich-based construction robotics startup) in February 2026, suggesting some capital deployment outside its core DeFi perimeter.
OpenOcean firmographics
Firmographics- Name
- OpenOcean
- Website
- https://openocean.finance
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- OpenOcean is a Singapore-based DEX aggregator that routes crypto trades across 1,000+ liquidity sources on 40+ EVM and non-EVM chains, serving 2.8M+ retail users, DeFi developers, and institutional traders via its swap app, REST API, and prediction markets.
- Ownership category
- akta.pro rank
OpenOcean industry classification
Industry- Product category
- DEX Aggregation / DeFi Trading Infrastructure
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Commodity Contracts Intermediation (52316)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- DEX Aggregators & Smart Order Routing (FSADABAC)
- akta.pro secondary industries
- DEX Aggregation & On-Chain Execution (routing, RFQ, intent-based trading) (FSAPAEAD), DEX Analytics, Indexers & Trading Terminals (FSADABAK)
Keywords
Where OpenOcean is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Markets served
OpenOcean business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- DEX Trading Fees: Revenue generated from swap/DEX trading operations. The platform aggregates liquidity and likely earns a spread or commission on each trade executed through the platform across 40+ chains.
- Pro API Monetization: Developer and enterprise API access tiers. Developers can integrate OpenOcean's DEX aggregation via REST API and SDKs, with monetization through Pro API tool sets for professional traders and dApp developers requiring advanced features and higher rate limits.
- Prediction Markets: Revenue from prediction market trading activities including World Cup 2026 and other event-based markets. Users trade on event outcomes and the platform earns transaction fees on positions.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
OpenOcean product offering
Product offeringCore offering
OpenOcean is a multi-chain decentralized exchange (DEX) aggregator that routes trades across 40+ blockchains and 1,000+ liquidity sources to deliver optimal swap prices for users. Its core consumer offering is the Swap product, complemented by Limit Orders, DCA, Prediction Markets, Cross-Chain bridging, and StableEarn. For businesses, it exposes this aggregation layer through the OpenOcean API, Widget SDK, and AI Agent Skills, allowing dApps and wallets to embed aggregated trading under their own brand.
Product overview
OpenOcean is a leading DEX aggregator platform providing a unified suite of trading products across 40+ EVM and non-EVM blockchain networks. The core offering is the Swap product, which aggregates 1,000+ liquidity sources to deliver optimal routing and best prices. Additional modules include Prediction Markets for event-based trading, Cross Chain for bridge services, Limit Order for advanced trading, and DCA for systematic investment. The platform serves both retail users and developers, with the latter able to integrate via the OpenOcean REST API, AI Agent Skills, or Widget SDK. OpenOcean v4 Lightning represents the latest major version update, and the platform supports over 2.8 million active users across 20 million total trades.
Differentiator
Problem solved
Functional benefit
Products and services
- Swap Core multi-chain token swap product that aggregates liquidity from 1,000+ sources across 40+ blockchains to find the optimal trade route and best execution price for retail crypto traders.
- Prediction Markets On-chain prediction market product that lets users place bets on the outcome of future events using crypto, with execution powered by OpenOcean's aggregation infrastructure.
- Cross Chain Cross-chain bridge and swap product that enables users to transfer and trade tokens across 40+ supported blockchains as part of a single aggregated routing flow.
- Limit Order Limit order product that lets users place token swap orders at a specified target price, with execution powered by OpenOcean's aggregated liquidity routing.
- DCA (Dollar-Cost Averaging) Dollar-Cost Averaging product that automates recurring token purchases at user-defined intervals, using OpenOcean's aggregated liquidity for execution.
- OpenOcean API Developer-facing API product that exposes OpenOcean's aggregated liquidity, swap routing, and price discovery to dApps, wallets, and trading platforms. A Pro API subscription tier is available for higher-volume and institutional use.
- Widget SDK Embeddable SDK that allows dApps, wallets, and Web3 platforms to integrate OpenOcean's swap, bridge, and order functionality directly into their own user interface.
- StableEarn Stablecoin yield product that lets users earn yield on stablecoin deposits by routing capital across aggregated DeFi yield strategies.
Quantifiable outcome
- Average API response time <150ms (3.3x faster than industry average)
- +4 more outcomes
Companies that use OpenOcean
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
OpenOcean technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature4 records
OpenOcean partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- TRONmoderateListed among industry leaders and partners 'Trusted by' section. TRON is a blockchain platform where OpenOcean provides swap aggregation services.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
OpenOcean competitors and assessment
Company assessmentEmerging players
- Rango Exchange: Rango is a cross-chain DEX and bridge aggregator with broad multi-chain support. As a smaller, more niche player, it is an emerging peer to OpenOcean with strong overlap on cross-chain swap functionality.
- DODO: DODO is a decentralized exchange and liquidity provider with its own AMM and aggregation features. It has partial overlap with OpenOcean in on-chain trading and liquidity routing, particularly for DeFi-native users.
Direct peers
- KyberSwap: KyberSwap is a multi-chain DEX aggregator and AMM providing swap routing, limit orders, and cross-chain functionality. It directly overlaps OpenOcean's swap, limit order, and cross-chain product modules.
- ParaSwap: ParaSwap is a multi-chain DEX aggregator offering routing across Ethereum and major L2s, with both a consumer app and developer API. It is a direct competitor to OpenOcean in the same multi-chain DEX aggregation niche.
- CowSwap (CoW Protocol): CoW Protocol operates CowSwap, a DEX aggregator using batch auctions and MEV protection. It competes head-to-head with OpenOcean on best-execution routing and is a particularly close peer on the MEV-protection value proposition.
- LI.FI: LI.FI is a cross-chain DEX and bridge aggregator with developer APIs covering EVM and non-EVM chains. It is a direct peer to OpenOcean's cross-chain routing and API products, particularly for institutional and dApp integrations.
- Jupiter: Jupiter is the dominant DEX aggregator on Solana, offering swap routing and limit orders. It is a key peer for OpenOcean's non-EVM (Solana) routing capability and represents the standard OpenOcean must match in that ecosystem.
- Matcha (by 0x): Matcha is the consumer-facing DEX aggregator built on the 0x protocol, serving retail traders with aggregated liquidity. It is directly comparable to OpenOcean's consumer swap product and target retail segment.
- 1inch Network: 1inch is the largest DEX aggregator by volume, aggregating liquidity across many EVM and non-EVM chains. It is the most directly comparable competitor to OpenOcean in product, customer (retail + API developers), and routing technology.
Broad incumbents
- 0x: 0x is a foundational DEX infrastructure protocol whose Matcha consumer product competes with OpenOcean. As an established incumbent providing liquidity APIs broadly to the Web3 ecosystem, 0x is a broader peer with overlapping but wider scope.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
OpenOcean social profiles
Digital presenceOpenOcean financial estimates
Financial estimateRevenue estimate
Valuation estimate
OpenOcean leadership team
Management profileNumber of profiles
Profiles1 record
OpenOcean funding detail
Funding detailFunding overview
Funding rounds3 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OpenOcean M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about OpenOcean
What does OpenOcean do?
OpenOcean is a multi-chain decentralized exchange (DEX) aggregator that routes trades across 40+ blockchains and 1,000+ liquidity sources to deliver optimal swap prices for users. Its core consumer offering is the Swap product, complemented by Limit Orders, DCA, Prediction Markets, Cross-Chain bridging, and StableEarn. For businesses, it exposes this aggregation layer through the OpenOcean API, Widget SDK, and AI Agent Skills, allowing dApps and wallets to embed aggregated trading under their own brand.
Is OpenOcean a public or private company?
OpenOcean is a private company. It is classified as venture growth investor backed and is currently operating.
When was OpenOcean founded?
OpenOcean was founded in 2019. It employs 11 to 50 people.
Where is OpenOcean based?
OpenOcean is headquartered in Singapore, Singapore, in the Asia region.
How does OpenOcean make money?
Three revenue lines are on record. DEX Trading Fees are the primary driver. The others are pro API Monetization and prediction Markets.
Who are OpenOcean's main competitors?
Emerging players on record are Rango Exchange and DODO. Direct peers are KyberSwap, ParaSwap, CowSwap (CoW Protocol), LI.FI, Jupiter, Matcha (by 0x) and 1inch Network. 0x is listed as a broad incumbent.
Does OpenOcean have an API?
Yes. OpenOcean provides a REST API for accessing deep liquidity and optimal routing across 40+ EVM and non-EVM chains. Developers can get quotes, execute swaps, and track transactions via simple REST endpoints. The API supports multi-chain operations with a single API for 40+ chains. Average response time is under 150ms. SDKs are available for JavaScript, Python, Go, and more. Developer documentation is at docs.openocean.finance/docs/swap-api/guide.
What industry is OpenOcean in?
OpenOcean's product category is DEX Aggregation / DeFi Trading Infrastructure. Its primary akta.pro industry code is FSADABAC, DEX Aggregators & Smart Order Routing, with a secondary code of FSAPAEAD, DEX Aggregation & On-Chain Execution (routing, RFQ, intent-based trading). Its NAICS code is 5231 and its SIC code is 6200.