Uniswap Routing Algorithms: How the Protocol Splits Your Large Orders Across Multiple Paths
A trader attempting to swap $5 million worth of a mid-cap token into USDC faces a concrete problem: the liquidity in any single Uniswap pool is finite, and executing the entire order against one pool would cause severe slippage. The best execution price exists only if the order is fragmented intelligently across multiple pools, possibly […]