Odos

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Frequently asked questions

What is Odos?

Odos is a decentralized exchange (DEX) aggregator that allows users to swap multiple tokens into one asset in a single atomic transaction. It utilizes smart order routing across multiple blockchain protocols and decentralized exchanges to find the best rates for users. Odos also offers permissionless listing and swapping of tokens, self custody of funds, and audited smart contracts for security. It uses a unique patented algorithm called Smart Order Routing (SOR) to search for the most optimal path for any swap, delivering significant savings to its users.

How does Odos find the best rates for swaps?

Odos finds the best rates for swaps by utilizing its Smart Order Routing (SOR) algorithm. This algorithm allows Odos to search through a large number of decentralized exchanges (DEXs) and liquidity pools to find the combination of swaps that provides the best rate for the user. Odos' smart contract optimization ensures that these paths can be executed without compromising on gas costs, resulting in significant savings for users. Additionally, Odos is the first DEX aggregator to allow users to swap from multiple tokens into one asset in a single atomic transaction, further saving on gas costs and limiting market volatility.

Can I maintain control over my funds when swapping on Odos?

Yes, you can maintain control over your funds when swapping on Odos. Unlike centralized exchanges, Odos allows users to maintain full control over their funds, eliminating third-party custody risks.

Are Odos' smart contracts audited by third parties?

Yes, Odos' smart contracts are audited by third parties.

What is the advantage of using Odos for swapping?

Odos is also the first Dex Aggregator to allow users to swap from multiple tokens into one asset in a single atomic transaction, saving on gas costs and limiting market volatility.