Different DEXs (Decentralized Exchanges) platforms may show varying prices for several reasons:
Liquidity Pools: Each DEX has its own liquidity pools, which can differ in size.
Volume: Higher trading volumes can lead to more price stability.
Fees: Each DEX has its own fee structure, which might influence prices.
Update Frequency: Price info might update at different intervals on various platforms.
With Primex, you shouldn’t worry about price differences as it works as a liquidity aggregator upon existing DEXs and offers an optimal price discovery mechanism by splitting and routing trades across multiple exchanges and liquidity pools. To learn more, kindly refer to the Primex DEX liquidity aggregation article.
Besides, on Primex prices are verified with a decentralized oracle to protect users from price manipulation.