Description
Odos offers a range of DeFi trading solutions. For users, it provides Simple Swaps with guaranteed quotes, Limit Orders for automated trading at target prices, and an Advanced Swap feature for customizable settings. The platform's core is its advanced routing algorithm which aims to provide the best rates by splitting trades across numerous liquidity sources, accessing a wide variety of tokens, capturing market arbitrage, and minimizing fees. For developers, Odos provides several APIs, including a Smart Order Routing API, a Token Pricing API, Liquidity Zaps for simplified pool interactions, and Route Visualization tools.
Odos Smart Order Routing (SOR) is a proprietary Automated Market Maker (AMM) path finding algorithm, which aggregates decentralized exchanges (DEX) and finds optimal routes for cryptocurrency token swaps. Odos enables retail and institutional traders to benefit from incremental savings when converting one or several cryptocurrency tokens into other asset(s).
As the number of DEXs, liquidity sources and token pairs continues to grow, the process of finding the best exchange rate between one or more digital assets becomes computationally intensive. Odos aggregates many DEXs and other liquidity sources to deliver the best swap rates for its users on many different blockchains.
Odos traverses a large universe of possible token swap combinations and non-linear paths to deliver complex routes and best exchange rates without compromising on gas fees. Odos is also the first DEX aggregator to introduce a multi-token input feature that allows users to swap from several tokens in a single atomic transaction.
Odos was founded by the team at Semiotic Labs, which focuses on the intersection of artificial intelligence, cryptography, and blockchain, working to optimize Web3. Semiotic Labs is a core developer for The Graph protocol, contributing to research and development involving autonomous decision-making agents, zk-SNARKs, and AI-based determination of query costs, bringing secure and verifiable automation to Web3.