.THORSwap introduced yesterday Streaming Swaps, a new feature aimed at reducing slippage and getting better price execution for large decentralized finance (DeFi) trades. By
THORSwap – a multichain decentralized exchange aggregator – introduced yesterday Streaming Swaps, a new feature aimed at reducing slippage and getting better price execution for large decentralized finance trades.
Slippage, the difference between a trade’s expected price and the actual price at which the transaction is executed, typically transpires when volatility is high or market liquidity is low. Before the introduction of Streaming Swaps, if a crypto user wanted to execute a large trade and achieve lower slippage on THORChain, they would have to manually divide the swap into several smaller transactions, resulting in higher gas fees.
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