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News Explorer — Cosmos DeFi Projects Osmosis and UX Chain Propose Merger

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Dec 4, 7:31 am
The Block

Cosmos DeFi Projects Osmosis and UX Chain Propose Merger

Cosmos projects Osmosis and UX Chain have proposed a merger, aiming to create a comprehensive DeFi hub by integrating lending logic and algorithms with Osmosis' DEX. The process will begin with integrating UX Chain's codebase onto the Osmosis Chain, followed by the possibility of combining the two tokens. The merger also aims to leverage each other's expertise and explore advanced liquidations, margin trading, and MEV markets.

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