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DEX Aggregators: The Best Trades In The Tezos Ecosystem

There are several decentralized exchanges (DEX) live on the Tezos blockchain. Although they all run on Tezos, they are separate applications and prices can be different on either of them.

This means that it’s often a good practice to compare prices/ trades before you make a trade.

Disclaimer

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Read our full disclaimer here.

Tezos DEX Aggregators

There are several decentralized exchanges (DEX) live on the Tezos blockchain. Although they all run on Tezos, they are separate applications and prices can be different on either of them.

This means that it’s often a good practice to compare prices/ trades before you make a trade.

If you would want to make this comparison yourself, you would need to access all the DEXes and see what result your trade would be.

A DEX Aggregator is a decentralized application (dApp) that is specifically designed to make this comparison for you and allows you to make the trade. This way you can make the best trade at that time. 

Additionally, an aggregator can “…also solve a major issue in low ecosystem liquidity by utilizing a technique called split pool weighting trading.

What this does is utilizes multiple pools across all DEXs to build multiple swaps inside of a single trade.

This provides the most optimal swap for users when they trade their tokens.”

See the Crunchy.Network Docs.  

There are 3 aggregators live on Tezos:

Crunchy Aggregator 

Crunchy aggregator is developed by the devs of Crunchy Network.

Crunchy offers DeFi as a service and enables anyone to farm, start a farm, trade and lock up tokens in the Deep Freezer.

One of the much anticipated features is the Pie Slicer which allows users to tokenize/ fractionalize NFTs.

Another convenient feature is the Crunchy portfolio display which shows all your tokens, current value, your staked tokens on different platforms and provides liquidity on several DEXes. 

3Route

3Route is developed by the Baking Bad team, which is known for many important pillars of the Tezos ecosystem.

Like Baking Bad which is a reliable source to check for a good baker to delegate your XTZ to, block explorer tzkt.io,  and atomic swap exchange Atomex.  

Pick.fi 

Pick.fi was one of the projects that was developed during the Encode x Tezos accelerator Hackathon. 

Disclaimer

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Read our full disclaimer here.

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