Remember these points about DEX aggregators:
1) DEX aggregators query quotes from multiple decentralized exchanges and liquidity pools at the same time to find a better route for a swap.
2) Large swaps are split across several pools, reducing the price impact on any single pool.
3) When comparing quotes, focus on the amount you actually receive after fees and gas, not just the exchange rate.
When swapping on Ethereum with an aggregator, pay $ETH in gas; $1INCH is 1inch’s governance token. Currently 2458.82.
#ETH
This is a personal perspective and may not be accurate. Please consider it critically.
1) DEX aggregators query quotes from multiple decentralized exchanges and liquidity pools at the same time to find a better route for a swap.
2) Large swaps are split across several pools, reducing the price impact on any single pool.
3) When comparing quotes, focus on the amount you actually receive after fees and gas, not just the exchange rate.
When swapping on Ethereum with an aggregator, pay $ETH in gas; $1INCH is 1inch’s governance token. Currently 2458.82.
#ETH
This is a personal perspective and may not be accurate. Please consider it critically.