Symphony DEX is a novel yield-generating Decentralized exchange. It helps traders maximize profits and yield at the same time, hence improving capital efficiency as compared to the existing DEXes.
Symphony DEX optimizes yield on trades by integrating with protocols like Aave, Compound, Yearn, etc.
Apart from yield generation, Symphony DEX has other great features like “Liquidity Aggregation”, which benefits the users by executing their trades at the best price.
The Stop-loss order type is also supported by Symphony DEX. It is another useful feature that helps with hedging, buying dip, DCAing, etc.
Anyone can run an executor service & host UI to execute trades. The executor will be incentivized to host their own UI too, which makes Symphony DEX UI decentralized. This would ultimately help eliminate UI downtime.