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ParaSwap (PSP) is a decentralized finance (DeFi) protocol that facilitates the swapping of tokens across different decentralized exchanges (DEXs) with optimal pricing and minimal slippage. By aggregating liquidity from multiple sources, ParaSwap allows users to execute trades efficiently while benefiting from lower fees and enhanced trading experiences.
Axelar (AXL) is a decentralized network that facilitates cross-chain communication and interoperability between various blockchain ecosystems. By providing a secure and efficient way for different blockchains to interact, Axelar aims to enhance the utility of decentralized applications (dApps) and improve the overall user experience in the crypto space.