Why Lends’ L-1 Streaming Swaps are a Game-Changer for Crypto Trading

Feranmi
2 min readJul 11, 2024

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Crypto trading has always been about efficiency and cost-effectiveness. For traders looking to optimize their trades, Lends offers a revolutionary solution: L-1 Streaming Swaps. This article delves into how this innovative feature works and why it’s a game-changer for crypto trading.

What are L-1 Streaming Swaps?

L-1 Streaming Swaps on Lends are designed to break down large swaps into smaller sub-swaps spread over 24 hours. This method ensures better price execution and minimizes slippage, making trading more efficient and cost-effective.

How do L-1 Streaming Swaps Work?

Instead of executing a large swap in a single transaction, L-1 Streaming Swaps divide the swap into multiple sub-swaps. Here’s how it works:

  1. A single inbound transaction is sent.
  2. The swap is divided into several sub-swaps over 24 hours.
  3. These sub-swaps are consolidated into one outbound transaction.

This process reduces network congestion and saves capacity, ensuring smoother and more efficient trades.

Several traders on Lends have reported significant benefits from using L-1 Streaming Swaps. For instance, one trader noticed lower fees and better pricing by leveraging this method. By allowing arbitrageurs to rebalance efficiently, the streaming swaps minimized slippage and maximized the trader’s profits.

Another user achieved optimal rates without the need to manually time the market. The automated optimization feature took care of everything, delivering superior results and saving the user time and effort.

Safeguards and Guarantees

L-1 Streaming Swaps come with built-in safeguards to protect users. If the minimum output price isn’t met for the first sub-swap, the assets are refunded. This ensures that users always get the best possible deal, adding an extra layer of security to the trading process.

Conclusion

L-1 Streaming Swaps on Lends offer a smarter trading experience by breaking down large swaps into smaller, more manageable sub-swaps. This approach reduces fees, ensures better pricing, and optimizes the entire trading process. For traders looking to enhance their crypto trading efficiency, L-1 Streaming Swaps are a game-changer.

Switch to L-1 Streaming Swaps on Lends and enjoy lower fees, better prices, and efficient execution with minimal hassle.

start here: https://app.lends.so

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Feranmi
Feranmi

Written by Feranmi

Crypto || Defi || Content Creator

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