Cross-chain infrastructure protocol Axelar announced that it will provide cross-chain interoperability technology support for DEX protocol Vertex.

Prior to this, Axelar had already provided technical services for dYdX, Uniswap, and Pancakeswap. With this cooperation, Axelar's market share in cross-chain DEX has exceeded 50% (calculated by market trading volume).

Georgios Vlachos, Director of the Axelar Foundation, stated that "currently, both the top derivative DEX and spot DEX in the crypto industry are using Axelar network for cross-chain connections. This level of adoption demonstrates the utility of the Axelar network for DEX."

Alwin Peng, co-founder of the Vertex Protocol, stated that "Axelar's technology is greatly improving the user experience, making crypto more universal and adaptable."