SPLIT SWAP
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What's it?
What is Split Swap? Split swap is a strategy in which a total order is split into several parts and each part is executed on a different exchange. This is done to improve the terms of the trade, minimize market impact, and take advantage of different exchanges.
How Does It Simplify Life? Split swap helps users manage their assets more efficiently, optimize exchanges and minimize liquidity and volatility risks.
Split Swap Usage Example:
Let's say you have a large amount of A tokens that you want to exchange for B tokens. You want to take advantage of the best terms on different exchanges.
Steps:
Selection of Exchanges and Assets:
You select tokens A as the source asset and tokens B as the target asset.
You identify the exchanges on which you want to exchange (for example, exchanges X, Y and Z).
Initiation of Split Swap:
You enter the total amount of A tokens to be exchanged.
You set the allocation proportions: for example, 30% on exchange X, 40% on exchange Y, and 30% on exchange Z.
The platform automatically allocates and executes your orders on the specified exchanges according to the specified proportions.
Order Execution:
The platform executes orders on different exchanges, taking into account the liquidity and conditions on each of them.
You receive B tokens at the most favorable conditions available on each of the exchanges.
Consolidation of Assets:
After the exchanges are completed, you can consolidate the received B tokens on a single wallet, if necessary.
Example Scenario:
You have 1000 A tokens in your wallet.
You want to exchange them for B tokens using three different exchanges (X, Y and Z).
You use split swap:
You specify 1000 A tokens to be exchanged.
You specify the distribution proportions: 30% (300 A tokens) on exchange X, 40% (400 A tokens) on exchange Y and 30% (300 A tokens) on exchange Z.
The platform automatically allocates and executes your orders:
300 tokens A -> tokens B on exchange X
400 tokens A -> tokens B on exchange Y
300 A tokens -> B tokens on exchange Z
At the end of the exchanges, you get B tokens from each exchange under optimal conditions.
Split swap simplifies the process of exchanging large amounts of assets by optimizing transaction terms and minimizing risks. It allows users to take advantage of the best prices and liquidity on different exchanges, providing better management of their assets. With split swap, you can confidently exchange large amounts of assets knowing that you are getting the best possible terms.
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