Besides the great swapping experience, DZap aggregates the best price and lowest slippage via 1inch.

"DZap is a more powerful DEX," we have stated this numerous times in our publications to date. But not everyone knows that under the hood of DZap, the 1inch API is integrated to maximize the ease of trading.

5 reasons DZap chose 1inch to execute swaps

The 1inch dApp is a DEX aggregator that searches a handful of DEXes and hundreds or thousands of liquidity providers to find the best deal on a trade. 1inch uses an algorithm called Pathfinder to locate the best price by searching liquidity providers on the Ethereum, Binance Smart Chain, and Polygon blockchains. The dApp splits transactions among multiple partners for the best deal. The five reasons are:

#1 Best swap rates and conditions

1inch aggregates the best quotes from hundreds of liquidity sources and generates the most profitable swap rates.

#2 The largest amount of total available liquidity

The deeper are liquidity pools, the more easily swaps can be performed. 1inch is connected with both types of market makers (AMM, PMM), which ensures that users receive the best current swap prices in the market. Today, 1inch aggregates over 250 liquidity sources, constantly increasing their number.

#3 The security of swaps is guaranteed at the highest level

Industry leading auditors confirms the security of 1inch protocols. Their smart contracts are tightly secured and the protocol is thoroughly audited, making swaps via 1inch safer.

#4 Easy to integrate API

The 1inch API facilitates asset swaps for any platform, including DZap. DZap uses 1inch API as the liquidity source to find the best swap rates for our users. We have integrated an API called Swagger to access the deepest liquidity and best price. The 1inch API has great documentation that makes integrations easy.

#5 Low slippage

1inch has a very effective tool for handling slippage called the "slippage tolerance" feature. It allows us to set a desired percentage of tolerable slippage for the trade.

How DZap uses 1inch API

Let’s look into how the process actually works:

1. On DZap, user chooses all the tokens to swap in a single transaction.

2. DZap bundles all of the individual transactions into a single contract.

3. These transactions are sent to 1inch via the API. DZap requests quotes from 1inch.

4. Through Pathfinder, 1inch extracts the best routes & price.

5. DZap executes the swaps if there is enough allowance and balance.

This is how DZap uses 1inch to offer the best rate to the user, while keeping slippage, gas costs and previous approvals in consideration.

Why should a user swap through DZap

While most DEXs allow single swap, DZap allows multiple swaps in a single transaction. Also, by using DZap:

1. Save yourself from the hurdle of making individual transactions for each token swap.

2. Instead of paying gas for individual transactions, pay fee once.

3. Save upto 42% on gas fees. Yes that’s true! upto 42%.

4. Save time and invest that time to do research about tokens you are investing in.

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