KyberDMM Launches Dynamic Trade Routing

Published on: 17.10.2021
KyberDMM Launches Dynamic Trade Routing

Kyber Network announced that KyberDMM’s swap function is now greatly enhanced with Dynamic Trade Routing.

This powerful new feature enables users to source liquidity across different decentralized exchanges to help achieve the best price for any token swap, on any supported network, in an entirely trustless manner!

Kyber Network is a liquidity hub that connects liquidity from a wide range of sources to power instant and secure crypto swaps for any user or application. Our vision is to be a sustainable liquidity infrastructure for DeFi and we’re constantly developing solutions to add value to the ecosystem.

This led to the creation of DeFi’s first multi-chain dynamic market maker protocol, KyberDMM DEX. With its high capital efficiency and dynamic fees, KyberDMM was designed to maximize the use of capital and optimize returns for liquidity providers and traders alike.

About Kyber Network

Kyber Network aims to deliver a sustainable liquidity infrastructure for DeFi. As a liquidity hub, Kyber connects liquidity from various protocols and sources (e.g. KyberDMM DEX) to provide the best token rates to takers such as Dapps, aggregators, DeFi platforms, and traders.

Through Kyber, anyone can contribute or access liquidity, and developers can build innovative applications, including token swap services, decentralized payments, and financial Dapps — helping to build a world where any token is usable anywhere.

📰 INFO

https://blog.kyber.network/kyberdmm-launches-dynamic-trade-routing-aggregating-liquidity-for-better-token-rates-825ac7c97189#1

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