AutoSwap Now Aggregating Over $1.8B Liquidity on Polygon!
Autofarm is excited to announce that our DEX aggregator AutoSwap is now fully integrated with Polygon!
Since AutoSwap’s V1 launch in April, the Autofarm team have been continuously improving and optimising the swap DEX based on extensive testing and feedback to bring users a best-in-class, robust swap DEX aggregator. After ensuring AutoSwap’s core functionalities matched industry-level standards, we proceeded to integrate Polygon DEXes to the platform.
Polygon is a layer 2 Ethereum scaling solution that promises faster transactions and lower fees while creating a more interconnected ecosystem of blockchain networks. As a reckoning force that has taken the crypto space by storm, Autofarm could not be more thrilled to be supporting Polygon on AutoSwap!
The integration will aggregate over $1.8B worth of liquidity from 7 leading DEXes on Polygon to bring users the deepest liquidity and best rates for their swaps. In order to achieve this, trades are split into different routes across the supported DEXes using Autofarm’s intelligent routing algorithm that identifies the best swap rates with no additional platform fees! All data and swap information is also shown on AutoSwap’s UI for full transparency.
At launch, assets from supported Polygon DEXes will be tradeable from one single platform, combining convenience and perpetually liquid markets for the best swap experience.
Users can now trade on AutoSwap with liquidity aggregated from the following DEXes!
Compared to swapping on individual DEXes, utilising DEX aggregators like AutoSwap allows users to get more tokens with the same input amount while enjoying the same, if not faster, trade executions and lower slippage.
Further Chain Support
AutoSwap’s integration with Polygon is just one of many integrations Autofarm has in its roadmap. In August alone, $78.6B was estimated to be traded on Ethereum, revealing the immense growth opportunities and potential for AutoSwap. As such, we are constantly on the lookout for more chains and ecosystems to integrate with in order to drive greater utility for Autofarm users. In light of this, the Autofarm team has decided to push back the development of AutoPortfolio to Q4 to focus on rapid EVM chain expansion for AutoSwap and Autofarm vaults, while striving to create a strong and coherent MVP for the platform.
We thank the community for their continued support and welcome any feedback for Autofarm and AutoSwap!
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