Key Takeaways:
DEX aggregator KyberSwap on May 14 launched its Smart Settlement tool on 10+ EVM chains to reduce slippage and boost final token output for users. The on-chain execution feature is designed to eliminate the price gap between when a swap is quoted and when it is mined.
According to KyberSwap, the system operates as a real-time routing mechanism that evaluates multiple liquidity pools as a trade is confirmed, executing via the optimal path. This dynamic selection process aims to capture better prices that may emerge during periods of high market volatility.
The feature, which carries no additional protocol fees, is designed to close the gap between the price a user is quoted and the price they receive. This addresses slippage caused by market volatility or network congestion. The tool also offers a layer of defense against MEV sandwich attacks and fake quotes from problematic liquidity sources, according to a report from Foresight News. While competitors like 1inch and ParaSwap offer dynamic routing, KyberSwap's approach focuses specifically on optimization at the point of settlement.
The launch represents a move to professionalize on-chain trading infrastructure and could help KyberSwap attract higher volume from traders sensitive to slippage. The feature's success in improving fill rates and its adoption across the DeFi ecosystem will determine its impact on the platform's competitiveness and the utility of its native KNC token. Smart Settlement is now live on all EVM chains supported by KyberSwap, including Ethereum, Arbitrum, and Polygon.
This article is for informational purposes only and does not constitute investment advice.
