The partnership between GRVT and XY Finance is redefining cross-chain transactions, creating a seamless, user-friendly experience in decentralized finance (DeFi).
By leveraging XY Finance’s Proxy Bridge, GRVT provides a CEX-like experience with the added security and control of DeFi—eliminating gas fees, complex multi-wallet transactions, and barriers for crypto newcomers. Together, GRVT and XY Finance are driving DeFi adoption by simplifying access and empowering users.
GRVT: The Next-Gen Hybrid Exchange
GRVT, founded in 2022, is a hybrid derivatives exchange that combines off-chain order matching with on-chain settlements, achieving impressive speeds of up to 600,000 TPS. Its mission is to transform the global financial system by leveraging blockchain technology to give users greater control over their wealth.
Source: GRVT Website
XY Finance Proxy Bridge: Simplifying Cross-Chain Transactions
XY Finance’s Proxy Bridge technology plays a pivotal role in enhancing GRVT user experience. With Proxy Bridge, users can seamlessly transfer assets across different blockchains without navigating complex cross-chain steps. This integration significantly reduces friction for users transitioning from CEXs to DeFi.
XY Finance’s Proxy Bridge not only simplifies cross-chain transfers for users on GRVT but also empowers application chains, making it easy to onboard new applications or integrate with any Layer 1 or Layer 2 solution from CEXs. The Proxy Bridge solution is versatile and can be adopted by any kind of technology stack, offering a scalable and seamless experience for crypto users across various ecosystems.
Why GRVT with Proxy Bridge Outperforms CEXs and DEXs
With XY Finance’s Proxy Bridge, GRVT combines the ease of CEXs with the security of DeFi. This partnership simplifies cross-chain transactions, removes gas fees, and provides a user-friendly, non-custodial experience—making DeFi more accessible than ever.
1. Enhanced Security and User-Controlled Assets
Through XY Finance’s Proxy Bridge, GRVT combines the ease of CEXs with the security and control of DeFi. Unlike CEXs, which require users to entrust their assets to third-party, Proxy Bridge allows GRVT users to retain control of their assets, providing a non-custodial, user-friendly experience.
2. Faster and Easier Cross-Chain Transactions
XY Finance’s Proxy Bridge automates cross-chain transactions in a single step: users deposit assets to a unique proxy address, and the Proxy Bridge takes care of the rest. This removes the need for multiple wallets, complex steps, and manual monitoring, streamlining on-chain transactions compared to traditional DEXs.
3. Gas-Free and User-Friendly Experience
Traditional DeFi transactions often include gas fees, which can be a barrier, especially for new users. GRVT’s integration with Proxy Bridge eliminates gas fees, making DeFi more accessible and cost-effective. By allowing users to deposit directly from CEXs into GRVT’s smart contract without any gas fees.
Related: AMA Recap: XY Finance x GRVT — Solving Cross-Chain Challenges
Empowering the Future of DeFi Adoption
The partnership between GRVT and XY Finance is designed to bring DeFi to the mainstream. By providing a streamlined, CEX-like experience that combines ease of use with DeFi’s security and user control, we are simplifying the transition for users moving from centralized platforms.
With Proxy Bridge, GRVT is not only lowering barriers but also empowering a new generation to explore decentralized finance with greater confidence and security, paving the way for widespread DeFi adoption.
About XY Finance
XY Finance is a cross-chain interoperability protocol aggregating DEXs & Bridges. With the ultimate routing across multi-chains, borderless and seamless swapping is just one click away.
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