Decentralized Exchange Aggregators Provide Best Prices for Crypto Trades
Decentralized exchange (DEX) aggregators are platforms that search multiple decentralized exchanges to find the best prices for cryptocurrency trades. They aggregate liquidity from various DEX platforms like Uniswap and Balancer, routing trades through the exchanges offering the best deals. Advanced intent-based DEX aggregators like CoW Swap go a step further by delegating trade execution to third-party solvers who can provide additional liquidity sources. DEX aggregators offer benefits such as better pricing, convenience, reduced price impact, and protection against miner extractable value (MEV). While 1inch is the most popular DEX aggregator by market share, CoW Swap is a leading innovator in the intent-based aggregator space, providing comprehensive trade protection and enabling price optimizations.
Apr 29, 2024