Design Token Swap Aggregator

Hard45 min
1 / 30
understanding8 min read

Problem Statement: Multi-Venue Swap Aggregator

Problem Statement: Multi-Venue Swap Aggregator — token swap aggregator interview depth

Problem Statement: Multi-Venue Swap Aggregator

1inch/Paraswap/Matcha-class swap aggregator with non-custodial swaps, pooled liquidity, and router-based routing. Design a Uniswap-class token swap aggregator where traders swap ERC-20 tokens without custodians. Liquidity lives in on-chain pools; prices emerge from the constant-product invariant \(x \cdot y = k\) (or stable-swap curves for pegged assets). Interviewers expect you to separate settlement truth on-chain from indexer/API projections that may lag one block.

Mechanism

  • Non-custodial swaps with wallet-signed transactions
  • AMM pools instead of centralized order books for MVP
  • Composable with routers, aggregators, and LP tokens
  • Ethereum mainnet + L2 deployment assumptions

Settlement invariants

Pool reserves update atomically; k never decreases except fees accruing to LPs. Off-chain quotes must re-simulate against the block tag users will sign.

Failure modes

  • sandwich on large trades with tight slippage
  • fee-on-transfer tokens breaking balance checks
  • indexer lag showing stale price impact
  • reorg double-applying Swap events

Interview checkpoint (sec-01)

State best executable route, simulation block tag, and minReturn slippage guard when discussing problem statement: multi-venue swap aggregator—not a single-pool AMM lecture.n-custodial swaps with wallet-signed transactions, AMM pools instead of centralized order books for MVP, and Composable with routers, aggregators, and LP tokens** when a 1inch/Paraswap interviewer probes understanding depth—not generic Web3 hand-waving.

Staff+ talking point

Staff+ move: quantify reserves, fee bps, and revert rate before naming cloud SKUs—keeps the answer anchored in on-chain truth.

javaOne Dark Pro
1public final class PairReserves { public final long reserve0; public final long reserve1; }
pythonOne Dark Pro
1TVL_USD = 8_000_000_000 # illustrative Aggregator TVL
typescriptOne Dark Pro
1export function getAmountOut(
2 reserveIn: bigint,
3 reserveOut: bigint,
4 amountIn: bigint,
5 feeBps = 30,
6): bigint {
7 const inWithFee = (amountIn * BigInt(10_000 - feeBps)) / 10_000n;
8 return (inWithFee * reserveOut) / (reserveIn * 10_000n + inWithFee);
9}

Aggregator focus (sec-01)

Design a 1inch / Paraswap / Matcha-class token swap aggregator that scans dozens of on-chain liquidity venues (Uniswap v2/v3, Curve, Balancer, Sushi, etc.) and returns the best executable route for a wallet swap. Unlike building a single AMM, you orchestrate off-chain pathfinding plus on-chain execution through one aggregation router contract. Interviewers probe whether you treat quotes as simulations and chain state as truth.

Interview checkpoint (sec-01)

State best executable route, simulation block tag, and minReturn slippage guard when discussing problem statement: multi-venue swap aggregator—not a single-pool AMM lecture.

Why interviewers care

Token Swap Aggregator interviews reward crisp scope, explicit trade-offs, and failure stories—not generic microservice diagrams.

Interview checkpoint

Name one failure story for Problem Statement: Multi-Venue Swap Aggregator that proves you understand real outages, not happy-path diagrams.

Key Highlights

  • Pathfinder scans multi-venue liquidity graph
  • eth_call simulation before wallet signs
  • AggregationRouter executes split routes on-chain
  • Indexer confirms realizedOut vs quotedOut
Mention this
Tie Problem Statement: Multi-Venue Swap Aggregator to **split-route price impact**, **minAmountOut**, and **indexer block lag**—signals production Aggregator literacy.
Pro tip
Simulate router calldata with eth_call at `latest` before the user signs—never show APY-style numbers from a stale Postgres row.

Section Rescue Kit

Buzzwords to use:

Constant productImpermanent loss

Safe statements:

  • "For Problem Statement: Multi-Venue Swap Aggregator, I'll state reserve invariants before naming cloud SKUs."
  • "I'll walk quote → simulate → sign calldata → indexer receipt when stuck."
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