A liquidity aggregator that provides, and enhances, liquidity to crypto users in terms of the best price for their trades by aggregating (building a large pool of) the capacity of different crypto exchanges and market makers, on both sides of the market. The order books of multiple exchanges and platforms are consolidated so that more competitive prices (buy and sell) can be available at a given point in time. This involves the process of bringing together buy and sell orders from different sources and directing them to a specific executing party.

Liquidity aggregator is essential for a cryptocurrency exchange as it helps create an efficient and competitive market in a certain cryptocurrency.