KyberSwap Dominates Intent-Based Trading as DeFi Aggregator Volumes Plummet
The way DeFi aggregators route trades is undergoing a significant shift from traditional on-chain transaction paths to intent-based architectures.
This new approach allows users to simply declare their desired outcome, and a network of competing solvers figures out the best way to deliver it.
KyberSwap has taken the lead in this space, capturing around 31% of DEX aggregator market share despite a 40% decline in overall trading volumes since early 2026.
The platform's edge comes from its infrastructure breadth, aggregating liquidity from more than 420 sources across 17 different chains.