Next Generation On-chain DEX Aggregator 3Route Launches on Tezos

Zug, Switzerland, 20 November 2022, Chainwire

• Powered by Tezos blockchain, 3Route enables cost-effective and secure swap transactions across multiple liquidity sources
• 3Route allows users to reduce costs by utilizing most of Tezos DEX liquidity in one secure swap

3 routes, the decentralized exchange protocol launches a next-generation on-chain DEX aggregator powered by Tezos, an energy-efficient blockchain. A state-of-the-art automatic routing engine atomically optimizes trades across multiple liquidity sources. 3Route is positioned to provide users with the best rates and low slippage without service fees.

The 3Route algorithm identifies the optimal trading route across 200+ liquidity pools of Tezos-supported DEXs, including Sirius DEX, QuipuSwap, Youves, Plenty, Vortex, SpicySwap, Ctez Swap, and WTZ Swap.

The protocol also divides the trading volume into several lucrative routes in order to provide the most price-efficient options for users’ swaps. At the same time, the protocol does not charge any additional fees. In fact, users can save up to 50% in cost, especially for high volume transactions.

The 3Route protocol also implements smart contracts for swap execution, so multiple liquidity sources are all utilized in one atomic smart contract call. This allows the user to have the highest probability of successful execution with minimal slippage.

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About 3 routes:

3Route Protocol is a next generation DEXes aggregator built by baking bad Facilitate cost-effective on-chain transactions between various DEXs in the Tezos ecosystem.

About Baking Bad:

Baking Bad is an independent Tezos blockchain development team focused on making Tezos accessible to the masses. Baking Bad aims to provide tools for both developers and ordinary users. TzKT One of the most popular explorers in the Tezos community. It has a convenient user interface and a developer-friendly blockchain API.baking bad dip dip A framework for building selective indexers that enable developers to quickly create custom Dapp backends and APIs.

contact

Senior Strategic Communications Manager, Jordan Wood, [emailprotected]