📊 DeFi | DEX Aggregator
· Definition: An aggregator may also route trades through intermediate tokens in multiple steps, such as swapping A for ETH first, then ETH for B.
· How it works: A single pool has limited depth. Splitting a large trade across multiple pools reduces the price impact on each pool, and usually gets you a better overall execution price.
· Note: When swapping through an aggregator, you still need to set a slippage limit. Setting it too high may let sandwich bots take an extra cut.
$ETH 2488.28(-2.24%)
#ETH
· Definition: An aggregator may also route trades through intermediate tokens in multiple steps, such as swapping A for ETH first, then ETH for B.
· How it works: A single pool has limited depth. Splitting a large trade across multiple pools reduces the price impact on each pool, and usually gets you a better overall execution price.
· Note: When swapping through an aggregator, you still need to set a slippage limit. Setting it too high may let sandwich bots take an extra cut.
$ETH 2488.28(-2.24%)
#ETH