What is PortalX?

What is PortalX?

PortalX streamlines the token swapping process across various blockchain networks. By leveraging the Rubic Cross-Chain Aggregator SDK, it connects many bridges and decentralized exchanges. PortalX automatically determines the best route to take across these aggregated services when swapping tokens. This intricate routing system is encapsulated within a simple user interface, eliminating the need to use multiple services with differing interfaces and complicated bridging and swapping processes. With PortalX, you can easily swap tokens across blockchains and decentralized exchanges in one transaction.

PortalX offers users an affordable and efficient means of transferring between over 15,000 tokens and 20+ blockchains. Each swap will be presented with multiple route options (if available) to their target destination, defaulting to the most cost-effective route identified by our aggregation service. The interface displays all available routes, and you can select which route to use for your swap.

When performing on-chain swaps, users can set a limit order to execute swaps across multiple decentralized exchanges operating on the same blockchain. With a limit order, the swap request is held until the specified price target is reached, and then the order is executed at that price.

PortalX also provides a consolidated function to revoke the spend allowance approvals that have been granted to decentralized exchanges to execute swaps. It is recommended to revoke spending approvals after swapping is complete to prevent any dApp from spending your tokens indefinitely.

PortalX is a DEX aggregator by design. Meaning you can utilize this application as a native DEX aggregator on the 20+ blockchains (similar to 1inch). Native DEX aggregators are search engines. These search engines aggregate DEXs on a specific blockchain to find users the most cost-effective way to trade on-chain.