One of the most important things when completing a transaction is trying to get the best value for money, and this ideology can be found anywhere in business. Cryptocurrency is no different because no user wants to pay huge gas fees to complete a small transaction. As a result, there is a need for solutions that can save users the stress of looking for the best rates. Odos has emerged to fill the gap, offering access to various liquidity sources to give users the best swap rates.

What is Odos?

Source: https://www.odos.xyz/

Odos is a decentralized exchange aggregator designed to make crypto trading easier and more efficient. Its main function is to compare prices from dozens of different exchanges automatically to get the best deal for users. To achieve this, Odos uses a special Smart Order Routing system, which scans hundreds of liquidity sources across many blockchains to find the best swap rates. As such, users get the most competitive price without having to do all the research by themselves.

With Odos, users can swap multiple tokens in one transaction, known as an atomic multi-token swap. As such, instead of making several separate trades, Odos enables users to combine them into one smooth operation. This not only saves time but also reduces gas fees and potential losses from slippage (unexpected changes in price).

Odos operates across up to 14 blockchains, including Ethereum, Polygon, Optimism, and Avalanche, as well as smaller networks such as zkSync Era and Scroll. It is able to connect to more than 900 liquidity sources from these blockchains, helping to unify a fragmented market into one platform. This coverage ensures that everyone, from regular traders to institutions, has access to deep liquidity and can execute trades at the best possible rates.

History of Odos

Odos was developed by Semiotic Labs in 2022. As of late December 2024, it could connect with over 900 liquidity sources across 14 blockchain networks. The project has also achieved major success, boasting over $6 billion in monthly trading volume and serving more than 3 million unique wallets.

Odos also received major backing from the crypto industry, raising up to $32 million across two funding rounds in 2024. Key investors include Hinkal Protocol, a16z crypto, Aquanow, Curved Ventures, Uniswap, and Espresso Systems.

How Does Odos Work?

Odos is designed to help users get the best rates when swapping tokens. The foundation of its architecture is an intent optimization system, which searches through thousands of liquidity pools, accessing over 55,000 DeFi assets across multiple decentralized exchanges to find the fastest and most cost-efficient path for a trade.

When you request a token swap, Odos factors in all related fees, including gas fees and the exchange rate. It then integrates with Blocknative’s Gas API to estimate and optimize these costs. This means that if a particular route involves a slightly higher gas fee, Odos will only recommend it if the overall savings make the trade worthwhile. As such, the final rate provided includes all fees, removing the element of surprise.

Odos is also permissionless, which means it never holds your funds directly, ensuring that users always remain in control of their assets. The trades are executed directly through smart contracts, which top security firms like Zellic and Halborn regularly audit.

Main Features of Odos

Odos App

Source: https://app.odos.xyz/simple

The Odos app is a user-friendly DEX aggregator that simplifies swapping tokens across multiple DeFi platforms. The app also allows users to easily pick their preferred tokens and specify swap amounts without needing to compare different exchanges manually.

Its intuitive interface also makes it more accessible to beginners and experienced traders, meaning that everyone can take advantage of the project’s competitive rates.

One of Odos app’s key selling points is its ability to perform atomic multi-token swaps. This mechanism allows users to trade multiple tokens in a single transaction, saving time and reducing fees. Additionally, Odos provides an API for developers who want to integrate its smart order routing into their own applications.

Additionally, Odos offers different types of orders. For example, simple swaps offer guaranteed quotes to protect you from price slippage, while other swaps, like limit orders, allow you to set limits to ensure you only trade if the rate stays within your acceptable range.

Limit orders also serve as another stream of generating passive income. For example, if you have an active limit order, the tokens remain in yield-generating protocols, thus ensuring you continue earning until the trade is completed. They are also very customizable. As such, users can utilize limit orders to set entries and take profits automatically.

Odos DAO

Odos DAO is the official governance body of the Odos ecosystem. It is a community-driven initiative designed to deliberate on all matters concerning the operation and development of Odos. The DAO was launched in the same month as the ODOS token (December 2024).

Loyalty Program

The Odos Loyalty Program was designed to reward users for actively participating on the Odos platform. With the loyalty program, the more you trade, the more you can earn rewards paid in $ODOS tokens. As such, every time you perform a transaction, such as a simple swap, a limit order, or other advanced swaps, the revenue generated will be used to calculate your rewards.

The platform will automatically track your connected wallet, so you don’t have to worry about manually logging your activity. The rewards are then distributed based on your overall contribution and your membership tier.

User activity is measured over periods called epochs, which last 30 days. At the end of each epoch, the rewards earned will then become available for claiming. Over time, the details of these epochs may change as the program evolves. Nonetheless, the more you use Odos consistently, the more you will get rewarded.

As stated earlier, the loyalty program uses a tiered system to determine how much rewards you receive. Each tier is unlocked by holding a certain amount of $ODOS tokens over a seven-day period. This is called the “Qualifying Balance”. The more $ODOS tokens you hold, the higher your tier and the larger the bonuses you receive on your trades.

Even if you don’t hold any $ODOS, you are still eligible to receive base rewards, and as your holdings increase, so do your benefits. This tiered structure not only rewards frequent users but also encourages long-term commitment to the platform.

In the Rewards section of the Odos dApp, you can check your current tier, the benefits you’re eligible for, and any pending or claimable rewards. When an epoch ends, you can initiate a claim transaction, pay the necessary network fees, and receive your $ODOS tokens.

Odos Zaps

Odos Zaps is another popular feature dedicated to providing liquidity on decentralized exchanges (DEXs). It allows you to convert any crypto assets into liquidity provision (LP) tokens in one transaction.

Odos Zaps allows users to join liquidity pools similar to Uniswap v2. These pools require users to provide two different tokens in equal amounts. As such, users who want to contribute to the pool must provide a 50:50 split between the two tokens they are providing. This balanced contribution helps maintain the pool’s value and efficiency.

However, unlike traditional Uniswap pools, where imbalances in your contribution might lead to losses, Odos Zaps automatically recalculates and rebalances your assets during the liquidity provision stage. This means that even if your tokens aren’t exactly 50:50, the system can adjust them so you receive the maximum number of LP tokens possible, thus protecting you from potential imbalance losses.

Odos Zaps also supports non-standard liquidity pools that do not follow the Uniswap v2 format. In this case, instead of rebalancing your assets, any excess or imbalanced tokens are returned directly to your wallet. This ensures you only pay the minimum required amount for your LP tokens without any unnecessary loss of value.

Essentially, Odos Zaps simplifies the process of becoming a liquidity provider by handling all the technical details. On top of that, Odos Zaps ensures that your assets are optimally managed, allowing users to focus on earning yield from their investments without worrying about complex calculations.

What is ODOS?

ODOS is the native token of the Odos ecosystem. Its functions include governance and operating as the main transaction method. It is an ERC-20 token that was issued on the Base Layer 2 chain. It is also used in the loyalty program as transaction reward payouts.

ODOS Tokenomics

Source: https://docs.odos.xyz/home/loyalty/

ODOS is a supply-capped token, with the total and maximum supply capped at 10 billion tokens, a circulating supply of 1.66 billion tokens, and a market cap of $17.57 million. The token was distributed as follows:

• 25% was allocated to the Loyalty Program and Incentives
• 11% went to retroactive rewards
• 14% was reserved in the Odos treasury
• 18.8% was allotted to investors
• 20.4% was reserved for the Odos team
• 10.8% went to the reserves

News on ODOS

Odos has a lot in store for the year 2025. For example, in the first quarter, Odos plans to launch a paid Enterprise API beta program to ensure that Odos continues to integrate with DeFi platforms worldwide. This means more transaction volume for Odos, as well as a more scalable business model.

It also plans to introduce more DeFi features, including dollar cost averaging (DCA) and time-weighted average price (TWAP), which will bring another layer of automation to trading execution. It will also introduce algorithmic trading features, which will give users and trading firms more access to advanced routing and liquidity optimization tools.

Is ODOS a Good Investment?

Odos is dedicated to providing its users with the best deals on any platform. Its features are designed to reward participation and can even allow users to swap multiple tokens at once. Nonetheless, we must always remember how volatile the crypto market is. Because of this, we should always do extensive research before investing in any crypto project.

Take Action on ODOS

Odos is available on centralized and decentralized exchanges, such as gate.io. Click here to browse and trade your favorite pairs.

• ODOS/USDT