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JOJO Integrates LI.FI To Boost Cross-Chain Deposits

TL;DR – JOJO has enabled cross-chain deposits powered by LI.FI

Alex C.

We’re excited to announce that JOJO, a DeFi-Native Perpetual Contract Trading Platform on Arbitrum, has integrated LI.FI! With the integration, users can deposit directly into JOJO on Arbitrum from other chains, including Ethereum, Polygon, and Optimism, without leaving the dApp.

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Before, users had to leave JOJO’s platform and find a third-party bridge to get funds on Arbitrum. Now, they can use existing assets on other chains to start trading in just a few clicks.

We’re thrilled to team up with JOJO to abstract away the complexities of the cross-chain universe and make it simple for users to get funds on Arbitrum.

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What Is JOJO?

JOJO is a decentralized perpetual contract trading platform that uses an off-chain matching and on-chain settlement order book model. JOJO balances liquidity and composability, providing professional traders with a smooth, fast, low-cost trading experience and hedging capabilities for other DeFi protocols. JOJO is where it's at for serious traders.

Here are some of the features they offer:

  • CEX-like liquidity with on-chain settlement and liquidation.

  • Support multi-collateral like stETH.

  • Trading bot, subaccount, and 100x leverage (coming soon). 

To learn more about JOJO check out their,

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What is LI.FI?

LI.FI is the most advanced bridge and DEX aggregator with smart routing capabilities to find the best route to move any asset on any chain, to another asset on another chain. We have added support for 13 bridges across 15+ EVM-compatible chains, along with all DEX aggregators & DEXs on those chains, into a single solution that is available as an SDK, Widget, or API.

We believe Web3 needs to be made available for not only the next million users, but for the next million developers to build on it as well.

Our SDK is the ultimate cross-chain money lego for dApps to build on top of or plug into themselves.

  • We've integrated multiple fallback bridges + DEXs so that you don't have to

  • We maintain bridges + DEXs so that you don't have to

  • We choose the best bridges based on our research so that you don't have to (positioning ourselves neutral)

For some examples of how LI.FI works, check out:

FAQ: JOJO Integrates LI.FI To Boost Cross-Chain Deposits

What collateral does JOJO accept?

There are two types of collaterals in JOJO: USDC and JUSD

Is there a deposit fee or withdraw fee on JOJO ?

JOJO does not charge any deposit fee or withdraw fee for any cryptocurrency, but there will be a transfer fee on the blockchain.

What chains can I deposit from?

LI.FI enables cross-chain deposits from Ethereum, Polygon, and Optimism.

Get Started With LI.FI Today

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Disclaimer: This article is only meant for informational purposes. The projects mentioned in the article are our partners, but we encourage you to do your due diligence before using or buying tokens of any protocol mentioned. This is not financial advice.

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