DEX Aggregators Explained: Getting the Best Prices

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DEX aggregators query multiple liquidity sources and route trades through optimal paths, consistently delivering better execution than single-venue trading.

How Aggregators Work

Aggregators perform three functions: quote discovery (querying many DEXs), route optimization (finding best paths), and execution (routing through smart contracts). This process happens in seconds.

Leading Aggregators

  • 1inch – Largest by volume, Pathfinder algorithm, limit orders
  • ParaSwap – Institutional focus, private liquidity integration
  • CoW Swap – Batch auctions, built-in MEV protection
  • Matcha – Clean UX, powered by 0x protocol

Benefits

Better prices through optimal routing. Automatic trade splitting to reduce price impact. Gas-efficient execution despite routing complexity. MEV protection features on many platforms.

For any significant trade, aggregators should be your default choice over direct DEX access.