Ledger, a renowned self-custody crypto security entity, has integrated VeloraDEX, a popular DeFi trading company. The collaboration attempts to permit consumers to directly access decentralized applications (dApps) via Ledger Wallet as well as a Ledger Signer with no reliance on middleware or browser extensions. As Ledger Wallet revealed in its social media announcement, the development unveils native swapping through VeloraDEX across all EVM-compatible chains. So, the integration permits consumers to validate transfer details ahead of approval.
Ledger Wallet Officially Integrates VeloraDEX to Remove Middleware Risks in Transfers
With the integration of VeloraDEX, Ledger Wallet is eliminating privacy and security risks in on-chain interaction. In this respect, the development permits Ledger Wallet consumers to directly reach VeloraDEX without any need for middleware. Additionally, with Transaction Check and Clear Signingembedded into each trade, the consumers can verify transfer details while making an approval. The development focuses on enhancing security and usability for self-custody users using DeFi.
Particularly, the integration eliminates middleware, minimizing the rise of diverse malicious extensions, transfer manipulation, and phishing injections that can take place between consumer interface and the actual signing device. The respective architecture ensures the complete isolation of signing procedure within the protected hardware environment of Ledger.
Offering Secure Swaps Across EVM-Compatible Blockchains
So, consumers start a swap through an EVM dApp, review the full transfer data via Clear Signing, and authorize it on the secure screen of the device. This guarantees that what is displayed on the device is precisely what is performed on-chain. In this way, the move fills the gap that exploiters often target via blind signing workstreams. Keeping this in view, the VeloraDEX integration underscores a notable step toward trust-minimized on-chain trading workflows, with consumers retaining complete control and visibility of signatures.
Source: https://blockchainreporter.net/ledger-teams-up-with-veloradex-to-enhance-defi-swap-security/