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Author Topic: Are DEX Aggregators Actually Worth It for Lowering Gas Fees?  (Read 547 times)

Offline VoxelDex

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Are DEX Aggregators Actually Worth It for Lowering Gas Fees?
« on: November 07, 2024, 02:05:37 PM »
Been hearing a lot about these DEX aggregators lately. Supposedly, they help save on gas fees and protect against MEV stuff by bundling trades together, which is meant to help with slippage and make trades a bit fairer. Still trying to wrap my head around how it all works, cos honestly. There are so many projects doing DEX aggregation and all that, so it's hard to tell if there's a big difference.

I also noticed some of these setups let you sign an intent to trade off-chain, so solvers can compete to get you the best deal, and you don’t pay gas upfront.

Anyone here really seeing the impact of these features?

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Are DEX Aggregators Actually Worth It for Lowering Gas Fees?
« on: November 07, 2024, 02:05:37 PM »

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Offline joniboini

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Re: Are DEX Aggregators Actually Worth It for Lowering Gas Fees?
« Reply #1 on: November 08, 2024, 04:28:59 AM »
I just know about this from your thread. A quick search shows me they're quite useful if you want to trade tokens with low volume in general, I don't think it will help that much if you're trading popular tokens. Well, maybe it will save you 5% of your trading capital from fees or slippage, but I don't know the exact numbers for that. They do this by splitting your transaction into different orders on multiple DEX based on the liquidity/volume, quite cool I'd say. CMIIW.

I'm not sure about the off-chain part, would you share the name of that aggregator? I think that won't be the major appeal for most people. Waiting for somebody to fulfill your order takes some time and most people aren't patient enough for that.

Offline Jujuboy

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Re: Are DEX Aggregators Actually Worth It for Lowering Gas Fees?
« Reply #2 on: November 10, 2024, 02:00:47 PM »
Gas fees are a huge issue for traders, especially retail traders. I think I’ve come across similar aggregators before—if I understand correctly, they combine multiple trades into one, which is what COW Protocol does. With solutions like this, the gas fee issue might become a thing of the past. The project is already up and running with a listing on CEXs like Bitget, Binance, bybit. I’m still following it to see how the protocol grows!

 

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