Verb Swap
Efficient Decentralized Exchanges Aggregation on VERBChain
VERBChain employs a robust strategy for decentralized exchanges (DEX) aggregation, aiming to secure the best exchange rates for users. Through meticulous pathing analysis, the platform explores various options, including order splitting and alternative swapping routes.
Finding the Best Rate: VERBChain seamlessly connects to major decentralized exchanges like Uniswap, Kyber, Curve, and the 0x network. When users input a trading pair, such as ETH to DAI, VERBChain compares available rates on each exchange, factoring in the transaction's volume for precise rate evaluation.
Optimizing Orders' Execution: VERBChain is committed to finding the best rate for users, even if it involves splitting orders across multiple decentralized exchanges. This is especially effective for large transactions, as demonstrated by a swap of 500 BNB to BUSD, routed across four pools: VERBChain (50%), PCS V2 (22%), BabySwap (18%), and PCS V3 (10%).
Gas Optimizations: To enhance efficiency, VERBChain implements several solutions to reduce gas usage across the platform. Gas costs are considered in the analysis of swapping paths. Every trade settled on VERBChain incurs a gas cost paid to miners on the BNB network. Gas price, chosen by the transaction submitter, influences transaction validation time. Gas costs are factored into route calculations, ensuring optimal gas efficiency.
VERBChain Pools: Beyond major DEXes, VERBChain features its private Market Maker pool, offering additional opportunities to optimize transactions. VERBChain Pool, functioning as an RFQ (Request for Quote) system with professional market makers, pools liquidity provided by experienced liquidity providers. This unique feature enables users to potentially surpass market rates, enhancing overall transaction optimization on VERBChain.
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