Overview
Alammex is a liquidity aggregator for Algorand, offering best route discovery between any token pair that has liquidity in the ecosystem.
- Best price, guaranteed: Alammex will always provide the best quote for any swap, compared to any single DEX.
- Speed: Alammex fetches quotes extremely fast (~1-2 seconds).
- Profit-Based Commissions: Alammex will only charge a commission if it is able to make a profit for the user (compared to the best individual DEX). The majority of profits go to the user, and the commission is only charged if all swap transactions succeed.
- Secure: Alammex only leverages smart contracts that have been audited by trusted sources and endorsed by the Algorand Foundation.
- Transparent: All costs are displayed up front. What you see is what you get!
- 1.User enters in the tokens they want to swap.
- 2.User enters in the amount of tokens they want to swap for (fixed input or fixed output).
- 3.Alammex calculates out all the possible routes for the token swap.
- 4.Alammex fetches the quotes for each of those routes and returns the amount of tokens you will receive per route. This includes all fees.
- 5.Alammex ranks each route by most tokens you will receive (or least tokens you will pay, for fixed output), and displays the swap details for the best route.
- 6.User clicks to trigger a swap.
- 7.User approves the Alammex transactions from their wallet. This may include extra transactions for opting into necessary assets and applications.
- 8.Alammex executes the swap.
Dive a little deeper and explore how Alammex offers best route discovery.
Last modified 1yr ago