Developers
Use cases
Knowledge hub
Background
LI.FI knowledge hub
the problem

Sphere Finance Integrates LI.FI to Enable Seamless Cross-Chain Swaps

TL;DR – LI.FI is powering cross-chain swaps inside Sphere Finance

Mathis Ruff

We’re excited to announce that Sphere Finance, a meta-governance center, has integrated LI.FI! The integration enables users to execute seamless cross-chain and same-chain swaps across 20+ leading chains and L2s, including Ethereum, Scroll, Arbitrum, Linea, Polygon, Base, BSC, and more! 

For example, a user can go from USDC on Arbitrum to ETH on Base or any other combination of tokens/chains without leaving Sphere Finance's platform.

ArticleImg

In the background LI.FI does the heavy lifting by searching through its 18 integrated bridges (Across, Stargate v2, THORChain, Symbiosis, Circle CCTP, Allbridge, and more) to find the best available route to move funds between Arbitrum and Base. In the example above, we’re being routed through Across. 

Additionally, LI.FI has integrated 35 DEXs, DEX aggregators, and Solvers (Uniswap, 1inch, 0x, Sushiswap, Enso, + others) to ensure users get the best swap rates on their assets. In this case, USDC is swapped to ETH through Enso.

We’re thrilled to partner with Sphere Finance to make the cross-chain universe simple for anyone to use. Try out cross-chain swaps on Sphere Finance here.

ArticleImg

What Is Sphere Finance?

Sphere Finance is the meta-governance center of an ecosystem built with liquidity providers in mind. With a focus on making complex DeFi strategies accessible, Sphere Finance offers a comprehensive suite of tools that enables users to manage their assets, optimize yields, and explore new opportunities.

The Sphere ecosystem includes the following projects:

  • Sphere: $SPHERE is the ecosystem’s governance token, which users can lock to receive revenue in real yield from multiple strategies deployed across the ecosystem by locking into the $ylSPHERE vault on Dyson.

  • Dyson: Dyson is a decentralized & multichain yield-maximiser. It maximizes and auto-compounds yield through a set-and-forget approach and exotic strategies which are managed by the protocol, making optimized, automated yield farming accessible to the average user.

  • Preon: An omnichain, 0%-interest CDP protocol that makes use of FOO mechanics. Using Preon, users can borrow the protocol’s native $STAR stablecoin against their assets to leverage $STAR’s yield farming opportunities, and with Preon V2 currently being rolled out, users can buy $PREON, the platform’s native emissions token, and gain access to $vePREON, a veNFT which allows for revenue share and governance, or $oPREON, an option call for $PREON.

To learn more about Sphere Finance, check out their,

ArticleImg

What Is LI.FI?

LI.FI is a middleware solution connecting 25 EVM chains and Solana via 18 bridges, 25 DEXs, 8 DEX aggregators, 3 Solver networks (and growing).

LI.FI’s product portfolio features sophisticated white-label B2B solutions that not only allow same-/cross-chain swapping capabilities but also grant arbitrary contract calls for the implementation of advanced cross-chain strategies such as yield aggregation, LP-zapping, NFT purchasing, and many more. We believe Web3 needs to be made available not only for the next billion users but also for the next million developers to build on it.

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: Sphere Finance Integrates LI.FI to Enable Seamless Cross-Chain Swaps

Get Started With LI.FI Today

Enjoyed reading our research? To learn more about us:

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.

Are Bridges Just Multi-Sigs?

Ionic Integrates LI.FI to Enable Seamless Cross-Chain Swaps