The Kava Network team announced via a tweet on Wednesday that cross-chain decentralized exchange O3 Swap will launch on its blockchain. Kava said O3 would give its users the ability to trade across chains and aggregate liquidity sources across decentralized exchanges.
Kava aims to become the default DeFi platform by providing stablecoins and decentralized lending against all major crypto assets. KAVA is up by more than 8% in the last 24 hours and is trading at $5.004 at press time.