DEX aggregation algorithm
This page explains how WOWMAX achieves the best exchange rates
Last updated
This page explains how WOWMAX achieves the best exchange rates
Last updated
WOWMAX is a platform that combines two powerful techniques - DEX aggregation and on-chain arbitrage - to optimize cryptocurrency trades. DEX aggregation means that WOWMAX breaks down a large trade into smaller parts and exchanges them on multiple decentralized exchanges simultaneously to minimize the overall negative price impact, or slippage.
WOWMAX built-in arbitrage: when a user swaps 2 tokens, WOWMAX arbitrages all other tokens and returns 100% profit to the user.
In addition to aggregation WOWMAX algorithm extracts arbitrage profits from trading other tokens between pools with stablecoins and native chain tokens, further maximizing the final outcome for the trader.
1) WOWMAX scans all available DEXes to identify mispriced tokens—instances where the price of a token differs across platforms due to market inefficiencies.
2) WOWMAX then executes arbitrage trades, buying the undervalued token on one DEX and selling it at a higher price on another.
3) The profits generated from these arbitrage opportunities are returned entirely to the trader, effectively enhancing the overall outcome of the trade.
More complex routing due to built-in arbitrage algorithm results in better rates.