1. What Is OKX Trade?
OKX Trade provides users with cross-chain aggregation trading services in one platform. Using intelligent order-routing algorithms, it identifies the most efficient swap routes and splits trade amounts across multiple paths in a single transaction—ensuring users get the best available prices for buying or selling assets.
Currently, OKX Trade leverages 1inch, an Ethereum-based aggregation protocol, to deliver a seamless, cost-effective cross-chain trading experience.
2. What Is Cross-Chain Swapping?
Cross-chain swaps enable direct asset exchanges between different blockchains without sequential processes. Algorithms determine the most cost- and time-efficient routes. OKX DEX integrates with:
- 20+ cross-chain bridges
- 16 blockchain networks
How Bridge Aggregators Work:
- Identify bridging routes for Token X (Chain A) → Token Y (Chain B).
- Evaluate swaps required before/after bridging via compatible DEXs and bridges.
3. What Is a DEX?
A Decentralized Exchange (DEX) operates on blockchain technology, eliminating centralized custody. Key features:
✅ No KYC – Connect via wallet only.
✅ User-controlled assets – No platform custody.
✅ Wider token selection – Access unlisted tokens.
⚠️ Trade-offs:
- Slower transactions (on-chain processing).
- Gas fees apply.
DEX vs. CEX:
| Feature | DEX | CEX |
|---|---|---|
| Custody | Non-custodial | Custodial |
| Speed | Slower | Instant |
| Fees | Gas fees | Trading fees |
4. What Is an AMM?
An Automated Market Maker (AMM) powers DEXs by using liquidity pools and pricing algorithms instead of order books.
How AMMs Work:
- Liquidity providers (LPs) deposit paired tokens (e.g., ETH/USDC).
- Smart contracts execute swaps via formulas (e.g., Uniswap’s
x*y=k). - Slippage occurs but is minimized in high-liquidity pools.
Liquidity Pools:
- Pools lock token pairs in smart contracts.
- LPs earn passive income from trading fees.
👉 Explore liquidity pool opportunities
5. What Is a DEX Aggregator?
DEX aggregators optimize trades by:
- Sourcing liquidity from multiple DEXs (e.g., Uniswap, Curve).
- Splitting orders for better rates (e.g., 50% Uniswap, 22% Kyber).
- Routing intelligently – Example: sUSD → USDT → ETH for optimal pricing.
Benefits:
- Best price execution for large trades.
- Gas efficiency – Single transaction for multi-step swaps.
FAQ Section
Q: Is OKX Trade safe?
A: Yes—it uses audited smart contracts and cross-chain security protocols.
Q: How do I reduce slippage?
A: Trade during high-liquidity periods or use limit orders.
Q: Which wallets support OKX Trade?
A: MetaMask, Trust Wallet, and other Web3-compatible wallets.
Q: Are there fees for using DEX aggregators?
A: Yes, small protocol fees apply atop gas costs.