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Swap
Frictionless Trading
Synthex's trustless swaps are game-changer for traders which enables users to trade synthetic assets with unparalleled ease and efficiency. Supported assets are secured by a decentralized oracle network provided by Chainlink, which ensures that prices are accurate, reliable and updated every 15-45 seconds. This eliminates the need for liquidity providers and minimizes slippage, providing a seamless trading experience for users.
One of the most significant benefits of Synthex's trustless swaps is the elimination of slippage. Slippage occurs when the price of an asset moves during the execution of a trade due to insufficient liquidity, resulting in the trader receiving a different price than the one they expected. As synthetic assets can be exchanged directly with another asset of the same value, that users always receive the price they expect, and reducing the risk of loss.
Another key advantage of Synthex's trustless swaps is the ability to perform atomic swaps, through the use of stable-pairs. These stable-pairs are trading pairs that are designed to minimize the price impact for large orders. For example, if someone wants to swap ETH to USDC, they can swap through ETH->ETHX->USDX->USDC, where ETH/ETHX and USDX/USDC are stable pairs. This eliminates the need for large slippage and permanent loss, and allows for a more efficient and profitable trading experience.
Atomic Swap through curve stable pools
Last modified 2mo ago