Dynamic Router
Reduce Slippage with Smarter Order Routing
What is Dynamic Router?
Dynamic Router is an intelligent feature that automatically determines the most efficient path for your trades, choosing between our order book and the dynamic market maker (DMM). This decision is based on where the best price execution can be achieved at the moment your order is placed. This means that whether you’re buying or selling, Dynamic Router seamlessly matches your order to the best price with no additional slippage.
How It Works
Analysis: Upon placing an order, Dynamic Router instantly analyses both the order book and the DMM best price. Decision: It then identifies which route offers the best price execution. Execution: Your order is automatically directed to the selected route, ensuring you get the best possible trade execution.
Benefits for Traders
Better Price Execution: Always trade at the best available price on BFX.
Lower Slippage: Reduce slippage for larger orders by aggregating the liquidity between the orderbook and DMM. If our DMM can offer a better price than the market, the DMM will fill your order with no additional slippage.
Speed: Our order routing is blazingly fast. Trades are matched in less than a second.
Other smart order routers typically charges up to 10 bps per trade in additional fees. However, BFX does all this with zero additional fees. The only fees you pay are your trading fees.
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