ParaSwap is a decentralised exchange (DEX) aggregator operating on the Ethereum blockchain, specifically designed to optimize the trading experience by aggregating multiple DEX platforms to find the best available rates and reduce slippage. Launched in 2019, ParaSwap aims to bridge liquidity across various decentralised exchanges, enabling users to execute trades with improved efficiency and cost-effectiveness. The platform leverages advanced algorithms to split orders across different trading venues and supports a wide range of tokens. ParaSwap's native utility token, PSP, was introduced to offer governance rights, reward liquidity providers, and promote ecosystem participation. With its commitment to facilitating seamless and economically efficient digital asset transactions, ParaSwap has quickly become an essential tool for traders seeking optimal price discovery and minimized trade execution costs in the decentralised finance (DeFi) space.