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Kyber Network Launches Smart Settlement to Reduce Slippage on EVM Chains

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Kyber Network, a renowned decentralized liquidity entity, has unveiled Smart Settlement. Smart Settlement is a unique on-chain execution platform to enhance swap efficiency, increase token output, and minimize slippage across EVM-compatible blockchain networks. As per Kyber Network’s official social media announcement, the new initiative aims to address the difference between the actual execution outputs and the quoted prices. Hence, KyberSwap attempts to turn swap execution into a relatively adaptive process by permitting the updating of routing decisions during transfer settlement.

Kyber Network Unveils Smart Settlement to Enhance EVM Swap Execution

The launch of Smart Settlement by KyberSwap focuses on lowering the slippage while also increasing the swap efficiency across EVM-compatible blockchain ecosystems. While new DEX aggregators scan diverse liquidity sources for the detection of effective routes, there is a possibility for the market conditions to shift rapidly ahead of a transfer settlement.

Liquidity changes, token volatility, and dynamically modified spreads from efficient market makers and front-running activity can often lead to decreased token earnings for consumers in comparison with the initial expectations. Additionally, the conventional DEX aggregators determine the finest swap path ahead of the submission of the transfer on-chain. Though this procedure works effectively under a steady market environment, it exposes traders to many execution-time risks.

At the same time, liquidity providers have the ability to change pool depth, rapid meme coin markets can make former routes obsolete ahead of confirmation, and PropAMMs can expand spreads after getting order flow. Such changes frequently result in a trade-off for consumers between setting stringent slippage restrictions that risk an unsuccessful transfer or broader slippage settings that increase their exposure to MEV attacks and poor execution.

Delivering More Efficient Swap Routing on EVM Chains without Extra Fees or Steps

Keeping this in view, Smart Settlement by KyberSwap provides an intuitive layer for real-time execution. Developed on top of the existing Dynamic Trade Routing model of KyberSwap, this initiative readies different liquidity pools to serve each of the swap routes. Additionally, when transfer executes, the platform compares the respective pools on-chain to automatically choose the one offering the maximum token output. At the moment, this feature is live across supported EVM blockchains without extra protocol costs or additional steps for consumers.

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