DEX Aggregators
A single DEX might not have the best price for your trade. Aggregators split your order across multiple DEXs, finding the optimal route through dozens of liquidity sources. The best ones save users hundreds of millions per year in better execution. Think of them as "Google Flights for swaps."
Route Splitting Simulator
See how an aggregator splits a large order across multiple DEXs to minimize price impact. Drag the trade size to see routing change dynamically.
Solver Auctions (CoW Protocol)
Instead of routing on-chain, CoW Swap collects orders off-chain and lets "solvers" compete to find the best execution. The winning solver gets rewarded.
Off-chain signed messages: "I want to swap 10 ETH → USDC at market price or better"
Orders batched together. CoW (Coincidence of Wants): if Alice sells ETH and Bob buys ETH, match them directly — no DEX needed!
Multiple solvers propose execution plans. The one generating the most surplus for users wins the batch.
Winning solver executes on-chain. Users get tokens. MEV is captured for users, not searchers.
Top Aggregators Compared
Approach: Pathfinder algorithm splits across 400+ liquidity sources on 12+ chains
Unique: Fusion mode — gasless swaps via resolver network (user signs intent, resolver executes)
Volume: ~$2B+/month
Approach: Batch auctions with solver competition. Off-chain intent signing.
Unique: CoW (peer-to-peer matching), MEV protection, surplus goes to users
Volume: ~$1B+/month
Approach: MultiPath routing with market makers + DEX liquidity
Unique: Delta — intent-based with positive slippage captured for users
Volume: ~$500M+/month
Approach: API-first. Professional market makers + DEX routing.
Unique: RFQ (Request for Quote) system — market makers provide firm quotes
Volume: ~$3B+/month (mostly via API integrations)