According to the official announcement of Bithumb, TitanSwap is listed on the biggest exchange in Korea, following its debut on Kucoin on April 5th. Soon after the listing, the price of TITAN rocketed up, shocking a large number of users. These sequences of listing on world-class exchanges and excellent performances are solid appreciation and recognition of TitanSwap’s function and innovation in DeFi.
Since its launch in 2020, TitanSwap has been working towards the goal of becoming the leading DEX aggregator and de-financialization centre. Being an aggregator, a platform that brings together trades across various decentralized finance platforms into one location, TitanSwap has been saving time for the users and increasing efficiency for trades.
As the key aggregator, till now, TitanSwap has aggregated over 19 billion USD liquidity from multiple major DEX, for example, Uniswap and SushiSwap and across multiple chains, including Ethereum and Binance. This TVL figure is no doubt an amazing number. However, being an aggregation platform, an increasing number of DEX chains are being integrated, including non-EVM chains. Therefore, the growing integrated TVL and board adoption is deemed to be impressive.
TitanSwap aims to offer new millennials and Generation Z complete control of their financial products without any centralized custody. It offers a solution for using a small number of digital assets, without the need to understand complex on-chain transactions or to have advanced financial knowledge.
In terms of specific operations, TitanSwap can discover the liquidity pool that can realize the trading pair based on the user’s trading pair, simultaneously compare the prices and slippages of different liquidity pools, and then select the best trading pool to complete the transaction.
With the Automation Order Flow, the foundation for broad use cases has been built, like other rich order types, automating arbitrage executions. This practise is followed by other DeFi projects, such as 1inch and Paraswap. Compared with other competitors, TitanSwap guarantees the order execution by locking the fund in advance.
Also, based on the user’s order size and trading pairs, it automatically routes the order based on user interest, the best price, and the lowest slippage. This Smart Route function is still under optimization for better gas and good finalization.
The double listing of TitanSwap on Bithumb and Kucoin is a big step for the project and a key step for its market expansion. Being a Swap that focuses on nothing more than its users and community, it is good news for TitanSwap to expand the community further. With continuous new community members, TitanDAO and the ecosystem of TitanSwap are deemed to strive.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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