Gator: Unifying DeFi Trading

Opportunity

The growing NEAR blockchain ecosystem faces a critical challenge: fragmented liquidity across DEXs like Ref.finance, Spin, and Jumbo leads to high slippage on trades, especially for larger transactions. This inefficiency hinders seamless trading and limits user adoption despite the ecosystem's promising growth.

Solution

Gator is a DEX aggregator that simplifies trading on the NEAR ecosystem by finding the best rates across native DEXs on NEAR blockchain through real-time comparisons. It introduces features like trade splitting, which dynamically distributes large trades across multiple liquidity pools to minimize slippage, and smart routing, which automates complex steps like bridging and wallet management for seamless execution. Built natively on NEAR with a multi-chain vision, Gator combines a user-friendly portfolio view with powerful trading tools, making it the ultimate gateway for efficient and hassle-free DeFi trading.

Impact

Gator has successfully connected to Aurora, the EVM-compatible Layer 2 smart contract platform on NEAR, expanding its reach and capabilities. It has integrated with over 10 DeFi platforms within the NEAR ecosystem, supporting 40+ token pairs to maximize liquidity and trading options. The platform has achieved a 68% improvement in trade execution prices compared to non-aggregated trades, and 92% of trades have utilized the trade-splitting feature to minimize slippage on large transactions. Additionally, Gator secured a development grant from NEAR, showcasing strong support and trust in its potential to enhance the ecosystem’s trading efficiency and liquidity.