Hector Swap on Hector Network Is Live

The crypto world is seeing some turbulent times. Centralized exchanges go out of business, like FTX. Other CEXes, like Binance, are under a government attack. As a result, we see a growing interest in DeFi options. Hector Swap is here to play into these demands.

So, let’s have a look at what the Hector Network Team came up with. What is Hector Swap all about? What makes it different from existing swap options?

What Is Hector Swap?

In DeFi, we see a multi chain space. Each of these ecosystems has its own sets of DEXes, tokens, price feeds, and so on. This makes it less practical and more cumbersome to use. The user experience is lacking, and there may also be less liquidity. Many DEXes and protocols are not interoperable. Or they don’t add all available information into one platform. In turn, this makes the DeFi space less efficient and attractive.

That’s where Hector Swap offers a solution. The Hector Network team makes sure this is an efficient option. You can now swap tokens on a variety of EVM chains. For instance, 

  • Ethereum
  • Fantom
  • BSC
  • Avalanche
  • Polygon
  • Optimism
  • And Arbitrum

Hector Swap aggregates liquidity from a variety of DEXes. As a result, you receive the best price and liquidity. The platform searches for the most optimized routes. This in contrast to a standard DEX.

This allows Hector Swap to give you the best possible gas fees, rates, and so on. It optimizes all these individual features. In other words, it’s more cost-effective and efficient. And what is the reason it can do this? Because it integrates with well over 100 protocols. It finds these in various chains, both in Layer 1 and Layer 2 chains.

This way, Hector Swap can always offer a better price compared to a single DEX. This especially comes as an advantage for large orders. The swap can aggregate and split orders, which in turn reduces slippage. The video below gives a short introduction of the new platform.

More Advantages of Hector Swap

Hector Swap makes it a lot easier to navigate the DeFi space. For example, to find the most optimized route, it uses MultiPath. This allows the platform to split orders. To clarify, it can route an order through a variety of exchanges. In turn, this results in improved rates. This is a big advantage when trading nonstandard pairs. 

Furthermore, Hector Swap also offers gas computation and optimization. This keeps the routes simple. This offers an advantage to smaller trades by saving on gas fees.

Another great feature is the limit order option. This allows you to swap at the desired price. In general, you have more control over your assets. There’s also a lower financial censorship risk. In DeFi, you don’t have to deal with middlemen. A KYC, know your customer, procedure is also not required. The picture below shows the user-friendly user interface.

Hector Network

Source: Hector Swap


Hector Swap is a great DeFi aggregator from the Hector Network team.  It allows users to get the best available price and liquidity. This is because the platform can split orders. This way it can find the best routes.

DeFi is also not under any government scrutiny, as its centralized crypto counterpart. In short, it is a powerful tool. Especially in contrast to centralized options. Hector Swap offers better trading conditions. For example, with prices, liquidity, security, and interoperability.

The current price of the HEC token is $2.44. It has a market cap of $5.9 million. There’s a total supply of 3.1 million HEC tokens. Out of these, 2.4 million already circulate.

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The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This article has been sponsored by Hector Network. Copyright Altcoin Buzz Pte Ltd


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