Questions tagged [dex aggregators]

CryptoTitanGuard Sun Jul 14 2024 | 6 answers 1417

Why are Dex aggregators becoming more relevant in the crypto market?

In recent times, the rise of Decentralized Exchange (DEX) aggregators has piqued the interest of many in the crypto community. Could you elaborate on why these aggregators are gaining increasing relevance in the crypto market? Are they simply a convenient tool for traders, or do they offer more profound advantages? What specific functionalities or benefits do they provide that traditional centralized exchanges lack? Furthermore, how do they contribute to the overall decentralization and efficiency of the crypto ecosystem? I'm curious to understand the underlying factors that are driving this trend.