Stellar’s DEX Lumenswap activates Smart Order Routing: What does this mean?
By default, every protocol in the Stellar ecosystem leverages Horizon API in order to find the best pricing and yield farming options for its clients. However, Horizon API’s rates are not necessarily the best ones.
To address this major bottleneck, Stellar introduces Smart Order Routing . For end users, SOR activation results in better pricing for AMM-powered cryptocurrency exchange.SOR thoroughly analyzes liquidity statistics across all of Lumenswap’s pools to find the most profitable and “deep” liquidity instrument.Once the most profitable pools are found, the Smart Order Routing mechanism splits an order between various pools.
Lumenswap users can swap their assets through SOR by clicking a rainbow-colored button, while the blue button is used to swap assets in “classic” mode. As covered by U.Today previously, Lumenswap is the first-ever AMM-powered DEX in the Stellar ecosystem. It merges the benefits of classic interfaces with a fully decentralized order matching engine.
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