Osmosis plays a crucial role within the Cosmos ecosystem, contributing significantly to its functionality and expansion. As a prominent decentralized exchange (DEX) and a hub for decentralized finance (DeFi), Osmosis supports a notable trading volume and introduces innovative DeFi tools that enhance user engagement. Fireblocks offers secure and efficient access to engage with the advanced DeFi features available through Osmosis.
This is an exceptionally exciting time to build in the Cosmos. IBC serves as the underlying infrastructure that connects this ever-growing ecosystem of sovereign appchains. By leveraging this shared infrastructure and favoring a collaborative approach over a competitive one — teams can work together to ‘grow the cosmic pie’ — and ensure that the Cosmos lives up to its full potential as an ecosystem.
About Osmosis
As a leading cross-chain DEX and DeFi hub within the Cosmos ecosystem, Osmosis has handled over $33 Billion in trading volume to date. With more than 90 blockchains connected to the Osmosis app chain, it serves as a central platform for a range of DeFi applications. These applications blend native features with third-party integrations, creating a comprehensive user experience that surpasses many centralized exchanges. Leading the Cosmos in IBC volume, Osmosis has processed over $1 billion in the last 30 days. Future developments for Osmosis in 2024 include Alloyed Assets, Smart Accounts, BTC Staking, Mesh Security, and more.
What Fireblocks users can do with Osmosis
Fireblocks users can do the following with Osmosis:
- Custody OSMO in their Fireblocks Vault.
- Securely transfer OSMO on the Fireblocks Network.
- Connect to dApps on Osmosis via WalletConnect
- Stake OSMO through our staking partners Figment and Kiln.
Osmosis: At a glance
- Osmosis is consistently #1 in IBC volume and has facilitated $1B+ in IBC volume over the last 30 days (source)
- Osmosis DEX has facilitated over $33 billion in total trading volume to date (source)
- 5 months in a row with over $1B in trading volume (source)
- Over $7M in protocol revenue since January 1st, 2024 (source)
- The market cap of Osmosis stablecoins has increased almost 400% Year-over-year (source)
- Grayscale’s GDIF Fund is composed of 24% OSMO (source)
