Question 1

What is NullTerminal?

Accepted Answer

NullTerminal is a DEX aggregator on Monad. It compares prices across 9 decentralized exchanges, splits your order across venues when that improves the rate, and executes everything in one transaction.

Question 2

Which DEXs does NullTerminal aggregate?

Accepted Answer

Uniswap V3 and V4, PancakeSwap V3, Capricorn, LFJ (Trader Joe), Atlantis, Balancer, the Kuru orderbook, and nad.fun bonding curves — 9 venues on Monad mainnet.

Question 3

How much does NullTerminal cost?

Accepted Answer

The protocol fee is 5 basis points (0.05%) taken from the swap output. Quotes and the public API are free, and referrers earn 50% of the fee.

Question 4

Is NullTerminal non-custodial?

Accepted Answer

Yes. The API returns an unsigned transaction that you sign in your own wallet. NullTerminal never holds funds or touches private keys.

Question 5

Does NullTerminal have an API?

Accepted Answer

Yes — a free REST API: GET /v1/quote returns the best route across all 9 DEXs and POST /v1/swap builds the transaction. No API key is needed for 60 requests per minute.

Question 6

How fast are NullTerminal quotes?

Accepted Answer

Single-hop quotes return in roughly 200–400 ms and composed multi-hop routes in about 650 ms. Monad's 400 ms blocks make execution near-instant.