Nature of Decentralised Exchanges (DEX)

What is a Decentralised Exchange (DEX) Aggregator?


"A Decentralized Exchange (DEX) aggregator is a system that makes use of a DEX to give traders the ability to buy, sell, and trade different tokens and coins from numerous exchanges via a single streamlined interface.

1inch is an example of a DEX aggregator that is designed to find users the best asset price from DEX protocols like Uniswap, Balancer, SushiSwap, Bancor, KyberSwap, and others — all in one place. This type of specialized automated market maker (AMM) system gives users more options and a better overall user experience (UI) when using a DEX."

Source: Gemini


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