Algogator
A swap aggregator that routes trades across Algorand's decentralised exchanges.
What Algogator does.
Algogator finds the best price for a token swap by splitting and routing the order across the liquidity pools on Algorand's decentralised exchanges, so a trader does not have to check each venue by hand.
The team has since combined forces with CompX to build the next generation of DeFi services on the network.
| Detail | Value |
|---|---|
| Program | Algorand APAC Accelerator |
| Cohort | 1 (from January 2023) |
| Category | DeFi Infrastructure |
| Chain | Algorand |
| Status | Merged with CompX |
| Website | — |
| Measured by | Volume routed, price improvement against the best single venue, integrations by other applications. |
The case for Algogator.
Fragmented liquidity is the first thing a new DeFi user runs into. An aggregator makes every pool on the network look like one deep market, and every other application that needs a swap can build on it.
It fit the selection test: a team building full-time, a problem that exists without the chain, and a clear reason the chain makes the product possible.
Building something like Algogator?
Tell us what you are working on.