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Polygon launches DEX aggregator Odos with multi-currency exchange


On May 17, the DEX aggregator Odos was launched on the Polygon blockchain. It builds optimal exchange routes between pools of 35 decentralized exchanges. Odos also supports multi-currency exchange: in one transaction, a user can exchange up to four different tokens.

The exchange path is visualized on the graph. When exchanging MATIC, SUSHI, amUSDC and LINK for DAI, Odos used 13 exchanges.

According to the developers, the patented Odos route search algorithm is much more optimal and allows you to achieve a better deal than the solutions of other DEX aggregators. For example, when exchanging 1000 MATIC for DAI on 1inch, the user will receive 699.5 tokens, and on Odos – 700.8.

At the time of publication, Odos supports 46 tokens and 35 DEX pools: Sushiswap, Uniswap, Balancer and more. Aggregator smart contracts have been audited by Certik.

Recall that earlier ForkLog published educational cards about the work of DEX.

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My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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