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DEX aggregators: The ultimate solution to reduce price slippage in DeFi

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Price slippage occurs in both centralized and decentralized exchanges, but what are the causes and risks associated with it? Price slippage is a constant risk in trading on centralized exchanges (CEXs) and decentralized exchanges (DEXs) alike. It occurs when a trader’s order is executed at a different price than the one intended. It can happen due to high volatility, low liquidity or delays in order execution, resulting in a noticeable difference between the expected and actual transaction price. The DeFi ecosystem prioritizes decentralization and transparency, so the price slippage problem is more prominent than on centralized platforms. Price slippage on CEXs and DEXs On CEXs, price slippage is caused by factors such as low liquidity, high volatility and order book depth. CEXs are platforms that connect buyers and sellers of digital assets, with order books being a key element. An order book is a record of all buy and sell orders placed by traders for a particular cryptocurrency. It...

NFT aggregator Blur eyes 30% price pump by March amid airdrop euphoria

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BLUR price is also forming a Doji candlestick pattern on its four-hour chart, hinting at a bullish reversal ahead. Blur (BLUR) could rise by up to 30% by March 2023 owing to a mix of technical and fundamental factors. Blur airdrop hype Blur is a nonfungible token (NFT) aggregator that indexes digital art listings across various base marketplaces like LooksRare and OpenSea. In doing so, the aggregator allows users to trade across all NFTs marketplaces via a single interface. Since its launch in October 2022, Blur has become the leading NFT aggregator , accounting for 40%-60% of the daily NFT trading volume, according to data tracked by Messari. Blur versus other NFT marketplaces' volumes. Source: Messari The period has also witnessed the Blur team "airdropping" free BLUR tokens to users who have traded Ethereum-based NFTs in the past six months. On Feb. 15, Blur officially launched its native token of the same name, allowing airdrop recipients to trade it for fiat money a...