The DEX aggregator market and moving beyond DEX aggregation

DeFi ProtocolsSeptember 23, 2020, 4:29PM EDT
UPDATED: March 9, 2022, 5:20PM EST
The DEX aggregator market and moving beyond DEX aggregation
Partner offers

We'd love your feedback.

Advertisement

The number of crypto tokens created has only ever seen one direction — up. Simultaneously, the number of trading pairs has mushroomed in tandem.

This is especially true for ERC-20 tokens on the Ethereum blockchain, with currently more than 299,000 individual token contracts deployed and daily ERC-20 token transfers recently reaching new all-time highs. In turn, these tokens can easily be integrated into existing decentralized exchanges (DEX), thus fracturing liquidity.

Expert insights. Delivered.

Get access to a suite of news, research, data, and funding tools