Aggregation
To unite all of Injective's liquidity Choice has an aggregation feature, with no added fees, that can be broken down in four components.
Liquidity Search Our system regularly checks liquidity pools and order book depths to map out a graph of all potential liquidity routes.
Liquidity Map Like Google Maps, a live graph of all liquidity routes are stored so that when one goes to trade the algorithm can easily find the highest output routes.
Route Ranking When one selects the trade they want, the algorithm then selects the top 5 routes.
Simulation In the final step, the front end of Choice queries the selected paths in real-time and gives the trader the route with the highest output.
Volume Splitting
Volume splitting allows your transaction to be broken down. For example if you're swapping INJ -> USDT, to get the highest output Choice may route 80% of your INJ through Helix and the remaining 20% through DojoSwap. This is to ensure the highest output possible.
Hops
Hops allows your transactions to be routed through higher profitability paths or through indirect routes. For example, if you're swapping USDT -> QUNT the path would be USDT -> INJ -> QUNT, as there's no direct routes.
However, hops may also take an indirect route that results in a higher output. An example of this is with HDRO, where there exists both HDRO/INJ and HDRO/USDT. If there's a price discrepency in these markets, swapping USDT -> HDRO may result in a USDT -> INJ -> HDRO rather than a direct route. This is to give the trader a higher output than expected to capitalize on any potential price discrepancies.
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