The most attention in the crypto community is paid to DeFi technologies. This new direction in the blockchain ecosystem can offer complete decentralization combined with high returns and total anonymity. Currently, the DEXs are the engines of progress in this sector. These are platforms through which traders can trade, buy, sell and profit from their tokens. Due to such popularity, specific problems arise. Crypto enthusiasts find it difficult to choose a suitable project with low fees and slippage.
DEX aggregators appeared on the market to solve this issue. These companies analyze offers in the DeFi market and propose to customers the best conditions. The system automatically views information from the pegged asset DEX, automated market maker, and many more sources. Below, you can find the top 7 DEX aggregators that offer the best transaction conditions.
Experienced investors should remember the previous name of this company. This protocol was called DEX.AG. It emerged in 2018 during a hackathon. At the time of its inception, the platform provided offers from 7 well-known DEXs such as Kyber, Uniswap, and others. In 2020, the company evolved into Slingshot and now works with blockchains such as Arbitrum One, Ethereum, and Polygon. There are over 300 liquidity sources currently available.
The DEX aggregator is extremely popular among pro traders due to its simple interface and many financial instruments. The daily trading volume on the site is more than half a billion dollars. But due to the lack of guides, newcomers will have a bit of a hard time getting to grips with Slingshot.
It is a versatile DEX aggregator that provides liquidity from blockchains such as Avalanche, Ethereum, Polygon, and Binance Smart Chain. Although this platform offers excellent conditions for trading, the company is still in the development stage. The maximum trading volume on the platform was $150 million. Now, the system offers trading pairs with more than 75 DEX and AMM, focusing on low slippage and fast transactions. ParaSwap is also partnering with various dApps to make buying and selling tokens much easier.
This platform is considered the undisputed leader in the field of DEX aggregators. It is ideal for both novice and professional investors. On the site, there are lots of helpful guides for rookies. Below, you can find other features of the platform.
- 1Inch works with blockchains such as Optimism, Polygon, Binance, Arbitrum, and Ethereum.
- More than 120 liquidity sources are available on the platform.
- The daily trading volume is $300 million.
In addition to all of the above, the company has its governance token 1INCH. These coin holders get the opportunity to decide the project’s future by voting. This multichain token is also available on various centralized exchanges. It is an excellent investment idea.
Although this platform is not a DEX aggregator in the primary sense, despite this, traders can get a lot of great offers. Uniswap is an Ethereum-based DEX that provides crypto enthusiasts with over 50 liquidity pools. The company proposes over 300 tokens from 350 different markets. The daily trading volume is about $5.5 billion. Uniswap is considered one of the best decentralized platforms with substantial earning potential.
Matcha is both a DEX aggregator and an exchange. So far, users can find over 50 liquidity sources from ecosystems such as Polygon, Ethereum, and Binance. Despite its novelty, the company offers many financial instruments. Due to the integration with MoonPay, it is now possible to make transfers using fiat currencies.
This product is similar to Uniswap. PancakeSwap is both DEX and AMM. On the site, investors can find many trading pairs and tools for making money, like yield farming, staking, lending, and much more. That is why this platform is an excellent option for conducting transactions.
Totle Swap is a DEX aggregator that offers trading pairs with synthetic assets. Crypto enthusiasts can interact with tokenized assets of many shapes and sizes. If someone loves such kind of technology, then Totle Swap is the best option.