Importance Of DEX Aggregators

Exchange Jun 7, 2022
Importance Of DEX Aggregators - ZeroSwap

DEX Aggregators are one of the most convenient innovations in the ever-growing DeFi marketplace that allows traders to tap deep liquidity and receive better pricing than other markets.

If you're wondering how the DEX aggregators came into the picture, here's your answer: manually checking for the best trading prices on all DEXs before placing a deal was tiresome and inefficient before this innovation. Therefore, customers required an elegant algorithm capable of searching every DEX for the best trading price and delivering an optimised trade instantaneously.

As a result, DEX aggregator algorithms came into the picture, making them imperative for maximising swap savings. As a result, DEX aggregators have seen tremendous growth in recent months, on track with DEX volume growth.

Daily Aggregator Volume via Dune Analytics

A Quick Overview of the DEX Aggregators

DEX aggregators pool liquidity from multiple DEXs and provide consumers with higher token swap rates than they receive on any single DEX. DEX aggregators have the potential to optimise slippage, swap fees, and token pricing, which results in a more favourable rate for users when done correctly.

A DEX aggregator's primary objective is to provide a user with better exchange rates than anyone DEX can provide in the shortest amount of time. Other critical goals include safeguarding users against pricing effects and lowering the likelihood of failed transactions.

Why are DEX aggregators so important?

  1. DEX aggregators give you an option of having a deeper pool of liquidity for traders who want to trade large amounts of digital tokens.
  2. DEX aggregators can optimise slippage, swap fees & token prices, which leads to better rates for traders, making it a better option.
  3. DEX aggregators add privacy to crypto trading that you cannot find on centralised exchanges.

ZeroSwapDEX, An Aggregator of Multichains with Gas-less Swaps.

At ZeroSwap, we pool in the liquidity from DeFi's most extensive protocol 0x, a professional-grade liquidity aggregator, and optimise for user experience; we provide access to multichains and allow users to trade without paying any gas cost.

We built meta transactions to enable trades with Zero Gas. It is currently available on Binance, Polygon and Avalanche, making it your go-to platform to trade.

Just Connect > Select > Swap it.

Click here to know more about using and saving gas on the ZeroSwapDEX!

What is more interesting is that $ZEE staking across chains gives an APY of 16%, an unbonding period of 7 days, and a reward claim of 10 days, providing multiple passive income sources to the users.

Key Takeaways

  • DEX aggregators evolved as a result of the growth of DEXs. As a result, they have been increasingly crucial to users prioritising better trade prices.
  • ZeroSwap aims to innovate the current AMM and AMM aggregator marketplace by offering novel solutions to centralised and decentralised exchange weaknesses.
  • The protocol aims to do this through their multichain DEX, which offers users liquidity mining rewards, IDOs, Staking Rewards, and DEX aggregation completely decentralised and gasless.

About ZeroSwap

ZeroSwap provides users with a simplified way to swap on multichains with zero gas fees. We pay gas for users when they swap on-chain, using meta-transactions.

We are live on Binance Smart Chain, Polygon, and Avalanche and plan to integrate Fantom, Optimism, CELO, Aurora, and Ethereum Chain soon`.

In addition, our product suite includes the Gasless ZeroSwapDEX, Staking, IDO platform ZeeDO and our native Bi-directional Bridge, and a B2B Service Based Product called DeFi Wizard.

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