Soroswap Finance introduces a new protocol selection feature allowing users to manually choose between Soroswap AMM and SDEX for optimal swaps on the Stellar network. By default, it automatically selects the best protocol based on current prices. This enhances flexibility and control for traders using Soroban's liquidity pools and Stellar's classic DEX.
Soroswap Finance, the first DEX on the Soroban Blockchain within the Stellar ecosystem, has launched a protocol selection feature for customized swapping. Users can now manually select between Soroswap AMM (its Soroban-based liquidity pools with over 225k USD in liquidity) and the Stellar Decentralized Exchange (SDEX), which offers the largest liquidity pools on Stellar. By default, Soroswap automatically chooses the optimal protocol based on real-time prices for the best rates. The feature is accessed via settings during the swap process, with toggles to enable one protocol while disabling the other. Visual indicators show the selected platform, and examples demonstrate automatic selection in action. Benefits include enhanced flexibility, optimized trading, and greater user control. Developed by Palta Labs, Soroswap sets a benchmark for fast, low-cost, censorship-resistant DeFi on Stellar.