What is a Dex aggregator?

DEX aggregators source liquidity from different DEXs and thus offer users better token swap rates than they could get on any single DEX. DEX aggregators have the ability to optimize slippage, swap fees and token prices which, when done right, offer a better rate for users.

What are aggregators & how do they work?

Aggregators function as a — collective of exchanges to do business which has to do with the transfer of one crypto to another. For example, say you want to convert your ETH tokens into USDT on a specific DEX, but you cannot do it due to a lack of liquidity on the platform.

Is Matcha a Dex aggregator?

Like 1Inch and Slingshot, Matcha is both a DEX aggregator and a decentralized exchange in itself. Powered by 0x Labs, the platform focuses on transparency, lower fees, smart order routing, and easier access. Thanks to a recent partnership with MoonPay, Matcha can now accept payments in fiat currencies, a first for DEX platforms.

Is paraswap a good Dex aggregator?

ParaSwap is a versatile DEX aggregator supporting Ethereum, Binance, Polygon, and Avalanche blockchains. In addition, it has a native token for liquidity and governance purposes called the PSP. While it is one of the more feature-packed and beginner-friendly DEX aggregators, ParaSwap is still in the growth phase.