Aggregator
An aggregator is a software application that collects and combines content, services and data from multiple sources, making them accessible through a single interface. Its purpose is to reduce the steps needed to consult information or use services spread across different platforms.
In the crypto-asset sector (also known as crypto-assets), an aggregator serves as a unified access point to a range of decentralised finance (DeFi) services, allowing users, for example, to compare the terms of different protocols without interacting with each one individually.
Examples of aggregators include Yearn Finance in decentralised lending protocols and 1inch for token swaps across decentralised exchanges. These protocols operate through smart contracts and involve specific risks, including technical risks associated with the code and the variability of the underlying protocols’ conditions.
Disclaimer: Young Platform does not offer the service described in this entry. DeFi aggregators and the protocols to which they refer do not fall within the scope of crypto-asset services regulated by Regulation (EU) 2023/1114 (MiCAR) and are not subject to the corresponding regulatory protections. For details on the services actually provided by Young Platform, please refer to the General Terms and Conditions.