DeFi | What are DEX aggregators for?
A DEX aggregator queries quotes from multiple decentralized exchanges and liquidity pools at the same time to find a better route for a swap.
Since any single pool has limited depth, splitting a large swap across multiple pools reduces the price impact on each pool and often results in a better overall execution price.
When swapping on Ethereum using an aggregator, pay $ETH in Gas; $1INCH is the governance token of 1inch.
Understand how it works before you get started, and don't make decisions based on gut feeling.
#ETH
Prices can fluctuate significantly, so manage your position size carefully.
A DEX aggregator queries quotes from multiple decentralized exchanges and liquidity pools at the same time to find a better route for a swap.
Since any single pool has limited depth, splitting a large swap across multiple pools reduces the price impact on each pool and often results in a better overall execution price.
When swapping on Ethereum using an aggregator, pay $ETH in Gas; $1INCH is the governance token of 1inch.
Understand how it works before you get started, and don't make decisions based on gut feeling.
#ETH
Prices can fluctuate significantly, so manage your position size carefully.