Yesterday, 12:48 PM
If you are new to crypto and planning to start your business in the DeFi sector by developing your own DEX, you may listened a bit about Automated Market Maker (AMM) and DEX aggregators. But, which one is good for your crypto startups? In my POV, an Aggregator-powered 1inch clone script is best to get started with your DeFi startup.
But how? Let me break it down now.
AMM vs DEX Aggregator What is The Difference?
Why 1inch Clone Was a Smart Choice Here?
If you're looking to start a business based on decentralized finance, a 1inch exchange clone software is an excellent choice. It provides greater liquidity and affordable trading like 1inch DEX. Here’s the reason why it’s a smart choice.
Great Prices From Multiple DEXs
Unlike Automated Market Maker (AMM), aggregators find the best rates from various sources. A few years back, 1inch experienced a daily trading volume of more than $400 million, These numbers show that traders rely on it for the best prices. It is one of the solid reasons entrepreneurs go for a 1inch clone.
Less Slippage and Gas Fees
When you make large trades on AMM-powered DEXs, there is a chance you can experience slippage, so you can receive less crypto than you expected. In this situation, the DEX aggregator solves this problem by lowering slippage and distributing orders across various platforms.
More Earning Possibilities
The inch clone is not only for token swapping. You can add these features to make your platform shine. They are,
These features help to make additional income for both users and platform owners. It’s simply better than AMM.
Greater Security and Reliability
Security is more important because of major DeFi attacks, the inch-like platforms incorporate decentralized custody and real-time trade monitoring to make the protocol safer. These characteristics are packed in the 1-inch clone too.
Final Notes: Build a Platform Smarter While Faster
So, if you’re looking to start a DeFi protocol, skip making AMM-like protocols because aggregators give you better rates, lower costs, and more user activities. A 1inch clone script helps you to start an aggregator-based crypto trading platform that people love.
What are you waiting for? Contact the best decentralized exchange script provider and make your DeFi vision to reality today!
But how? Let me break it down now.
AMM vs DEX Aggregator What is The Difference?
- Automated Market Maker (AMM) based platforms like Uniswap and Sushiswap let users trade crypto assets with liquidity pools instead of using order books. This approach makes crypto trading simple, effective, and decentralized.
- However, AMM has a downside, Automated Market Makers won’t provide the best prices to their users. Each AMM operates in its own environment. So, users can face high gas fees.
- This is where DEX aggregators like 1inch become more useful. Instead of relying on its own platform, this protocol scans multiple DEXs and provides the best trading prices for its users.
- Think DEX aggregators are like price comparison tools, that compare crypto prices and help users to save money.
Why 1inch Clone Was a Smart Choice Here?
If you're looking to start a business based on decentralized finance, a 1inch exchange clone software is an excellent choice. It provides greater liquidity and affordable trading like 1inch DEX. Here’s the reason why it’s a smart choice.
Great Prices From Multiple DEXs
Unlike Automated Market Maker (AMM), aggregators find the best rates from various sources. A few years back, 1inch experienced a daily trading volume of more than $400 million, These numbers show that traders rely on it for the best prices. It is one of the solid reasons entrepreneurs go for a 1inch clone.
Less Slippage and Gas Fees
When you make large trades on AMM-powered DEXs, there is a chance you can experience slippage, so you can receive less crypto than you expected. In this situation, the DEX aggregator solves this problem by lowering slippage and distributing orders across various platforms.
More Earning Possibilities
The inch clone is not only for token swapping. You can add these features to make your platform shine. They are,
- Yield Farming to double your user’s profits.
- Liquidity minting to attract millions of liquidity providers.
- Token staking for additional rewards.
These features help to make additional income for both users and platform owners. It’s simply better than AMM.
Greater Security and Reliability
Security is more important because of major DeFi attacks, the inch-like platforms incorporate decentralized custody and real-time trade monitoring to make the protocol safer. These characteristics are packed in the 1-inch clone too.
Final Notes: Build a Platform Smarter While Faster
So, if you’re looking to start a DeFi protocol, skip making AMM-like protocols because aggregators give you better rates, lower costs, and more user activities. A 1inch clone script helps you to start an aggregator-based crypto trading platform that people love.
What are you waiting for? Contact the best decentralized exchange script provider and make your DeFi vision to reality today!