Tonic Partners with Magellan to Build a Top-grade Instant Swap on NEAR

We are delighted to announce our strategic partnership with Magellan, the first DEX aggregator and swap infrastructure on NEAR.

Through this ongoing strategic partnership with Magellan, we are enabling ourselves to provide an instant Swap feature with:

• Deep liquidity.
• Fast transactions.
• Smart money on NEAR.

“DEX aggregators are a key component of the ecosystem and enable users to get the best prices and increase competition across exchanges. Magellan is the first of several that are building on the Tonic platform” — Marko, Cofounder at Tonic.

On the other hand, Magellan will benefit from the best quotes generated from Tonic DEX.

“We’re excited to partner with Tonic as another liquidity source for Magellan. Our simple UI makes it easy for users to access the liquidity provided on Tonic’s orderbooks. This is our first orderbook integration, and more are coming soon!” — Ferdinand, Founder at Magellan.

Together, Tonic and Magellan will strive to bring the best trading experience to NEAR community while driving the NEAR Protocol ecosystem growth.

About Magellan
Magellan is a liquidity aggregator and DEX built on NEAR. With core products of smart order routing, pools, farms & DEV tools, Magellan offers users the experience of deep liquidity, fast transactions & smart money on $NEAR.

Join Tonic community:

Website https://magellan.exchange/

Twitter https://twitter.com/nearmagellan

Discord https://discord.com/invite/T5NN8qSk9R

About Tonic

Tonic is a fast, permissionless decentralized exchange built on NEAR. Tonic aims to bring the speed and convenience of centralized exchanges to NEAR while being fully decentralized. Our mission is to build an open protocol for trading on NEAR, owned and operated by the community.

Join Tonic community:

Website https://tonic.foundation/

Twitter https://twitter.com/tonicdex

Discord https://discord.gg/tonicdex