This is great research highlighting a problem
This should be a call to mechanism designooors. We don’t want to be stuck in an equilibrium where aggregators are forced to police liquidity providers. That sucks for them and it won’t lead to the permissionless world we’re trying to build
IMO the right approach here is just-in-time routing. We’re cooking on it. Other folks are too. Don’t think anyone knows how best to do this though

The price you see isn't always the price you get 🪤
Some liquidity operators are gaming aggregators and traders are paying for it. We're exposing how.
Full breakdown in the replies 👇

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Boris Cherny, head of the Anthropic Claude Code, announced that starting in April 2026 [...]
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