SODAX and LightLink join forces to enhance DeFi liquidity on Ethereum Layer 2

SODAX has partnered with LightLink to enhance decentralized finance (DeFi) liquidity across the Ethereum Layer 2 ecosystem through the SODAX SDK. By utilizing the SODAX SDK, LightLink is connected to a unified liquidity pool that spans over 12 different blockchains, demonstrating how Layer 2 networks can scale DeFi operations without the need to construct native liquidity pools.

This integration between SODAX and LightLink represents a significant milestone, as it enables LightLink users to gain direct access to assets from major blockchains such as Solana, Avalanche, and Sui without requiring liquidity for these assets on LightLink itself. This eliminates the necessity for LightLink or other protocols to source liquidity independently, streamlining the process for users.

LightLink, a Layer 2 platform that focuses on full chain abstraction to facilitate gasless and instant transactions for DApps and enterprises, has been grappling with the challenge of expanding its asset offerings without investing significant time and capital into building deep liquidity pools for each asset. With over $1 million in total value secured and approximately 70,000 transactions processed daily, LightLink can now provide its community with seamless access to cross-chain assets through an integrated experience.

Min Kim, the CEO of SODAX, emphasized that the partnership with LightLink aligns with their mission to assist emerging chains in quickly integrating and accessing various assets across different networks. This collaboration demonstrates how other platforms can leverage SODAX’s solution to enhance their offering and provide users with a diverse range of assets seamlessly.

Through the Bridge SDK, SODA variant tokens can be deployed on partner chains under local naming conventions, enabling assets like SODA-SUI and SODA-AVAX to appear as SUI.LL and AVAX.LL on LightLink. This integration ensures a native user experience while maintaining compatibility with the broader SODAX ecosystem, allowing for efficient cross-chain asset utilization.

Unlike traditional wrapped tokens that represent locked assets in a 1:1 ratio, SODA variants are intricately integrated into SODAX’s lending and trading infrastructure, enabling them to function as essential DeFi building blocks across different chains. This approach enhances the trading experience for users within the ecosystem, offering a broader range of assets without the need to leave the chain to gain exposure to different assets.

By leveraging SODAX’s architecture, LightLink can provide users with instant access to major assets such as SOL and AVAX with speed and ease similar to native tokens, eliminating friction and historical limitations associated with cross-chain adoption. This collaboration between LightLink and SODAX is streamlining cross-chain DeFi operations and revolutionizing the industry by overcoming traditional constraints related to settlement windows and liquidity dispersion.