SyncSwap Smart Router
The SyncSwap Smart Router is a key feature of the SyncSwap decentralized exchange (DEX), functioning as a liquidity aggregator. It aggregates different liquidity pools and pool models to provide users
Features
Multiple Pool Models: The smart router searches through various pool models, utilizing all possible pools across the Multi-Pool design to aggregate full liquidity. For example, it can split a trade between classic and stable pools:
90% - USDC -> USDT (Stable)
10% - USDC -> USDT (Classic)
Multiple Hops: The smart router can hop trades between popular tokens (common bases) to bridge gaps between major liquidity parts, potentially securing better prices. For example:
ETH -> USDC -> wBTC
Path Splits: The smart router can split trades across multiple paths, allocating different percentages of tokens to each path for a better price. For example:
30% - ETH -> wBTC
70% - ETH -> USDC -> wBTC
Workflow
Trade Execution:
Multiple Pool Models: The router looks for the best trade route across different pool models.
Multiple Hops: The router may route trades through intermediate tokens to optimize the price.
Path Splits: The router splits the trade into multiple paths and executes them simultaneously.
Settings:
Users can toggle the Multiple Hops and Path Splits features separately in the settings to customize their trading strategy.
Benefits
Best Price: Aggregates liquidity from various pools to find the most favorable trade routes.
Efficiency: Automates the process of finding optimal trade paths, reducing the need for manual intervention.
Flexibility: Supports future expansion with more pool models and external liquidity sources.
By integrating these strategies, the SyncSwap Smart Router ensures users receive the best possible price for their trades, enhancing the trading experience on the SyncSwap DEX.
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