Glossary
What is DEX aggregator?
A DEX aggregator searches multiple liquidity sources and splits or routes a trade to get the best overall price and least slippage.
Rather than swapping on one pool, an aggregator (such as 0x) compares routes across many DEXs and pools, then builds the path that gives you the most output for your input — sometimes splitting one trade across several venues.
Monmint's swap uses the 0x aggregator so you get a competitive route without checking each DEX yourself.
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Related terms
- DEXA DEX (decentralized exchange) lets users swap tokens directly from their wallets through smart contracts, with no custodian holding their funds.
- SlippageSlippage is the difference between the price you expect on a swap and the price you actually get, caused by price movement or low liquidity between quote and execution.
- AMMAn automated market maker (AMM) is the algorithm a DEX pool uses to price trades from its token reserves, instead of matching individual buy and sell orders.