Simplify Labs

About Simplify Labs

It is essential to integrate multi-liquidity providers into a crypto liquidity hub in order to offer users deep liquidity, improved price discovery, and faster trade execution. Multi-liquidity integration allows the hub to aggregate liquidity from various sources like crypto exchanges, OTC desks, and institutional market makers.
The first step is connecting to various liquidity providers via API integrations. Pooling liquidity from multiple exchanges and providers guarantees the hub offers competitive prices and liquid markets, reducing the risk of slippage, especially for large orders.
In order to maximize efficiency, there must be a Smart Order Routing (SOR) system. SOR would route orders to the best-priced liquidity provider automatically, thus achieving maximum trade execution and ensuring that users get the best available rate.
To prevent price feed and order book discrepancies, synchronization of data must be done in real time. This can either be achieved using WebSockets or REST APIs, such that the data of each liquidity provider is up-to-date.
Through effective aggregation of multiple liquidity providers, a crypto liquidity hub SimplifyLabs can improve trading efficiency, offer more competitive pricing, and scale out with increasing demand.