Kinetex's Aggregation: Bringing Liquidity Together
Kinetex's Liquidity Aggregation was the first solution that the team presented. It was designed to overcome liquidity challenges regularly faced in the DeFi space when swapping assets cross-chain.
The decentralized nature of DeFi platforms often results in liquidity being spread across multiple pools, making it challenging to find enough even for average transactions. Additionally, different prices in each pool, high volatility, and possible price slippages confuse users, often leading to significant losses during swaps that need several steps. These factors contribute to high transaction costs, long wait times, unfavorable exchange rates, and increased price slippage, which make DeFi services unattractive to crypto users.
With Liquidity Aggregation, Kinetex provides a user-friendly swap solution that ensures easy access to liquidity for thousands of tokens in one place. Kinetex is a meta cross-chain aggregator that unites liquidity sources into a vast ecosystem. It enables Kinetex to combine them however needed to ensure the most advantageous swap routes, even for less-known crypto assets.
Check out the Kinetex blog to learn more.
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