In April 2022, we published our research report Measuring the hidden impact of DEX costs and in July 2022 we were able to productize that research through the launch of Slippage Protection, MEV-aware smart order routing for 0x Swap API.
In today’s report, as a continuation of our efforts, we take a look at the impact of Slippage Protection on slippage for live Swap API trades since launch.
Key observations:
- Slippage Protection reduced slippage by an average of 48% across all trades during the investigation period.
- While every trader benefits from Slippage Protection, larger trades see outsized price improvement.
- Slippage Protection is constantly improving with each passing week. As the model ingests more data, it becomes more intelligent and we’re able to expand support to more trading pairs and more complex routes.
Performance between July 18th - September 5th, 2022
Average slippage by week: July 18th - September 5th, 2022
* In certain specific periods, transactions with slippage protection might be dominated by a few large trades, and slippage could still happen within each leg for each trade, while the entire trade was slippage protected.
Pairs and Chains supported
At launch, Slippage Protection rolled out with support on Ethereum for the most active trading pairs (ETH-USDC, ETH-DAI, ETH-USDT, ETH-WBTC, WETH-USDC, WETH-DAI, WETH-USDT, WETH-WBTC). We have recently rolled out Slippage Protection to WBTC-USDC. We are continuing to evaluate other chains and pairs.
We’re excited to equip DeFi developers and enterprise users with the tools and infrastructure to offer the best DEX trading experience for their users. Slippage Protection is auto-enabled in Swap API and no additional integration is necessary.
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