> For the complete documentation index, see [llms.txt](https://docs.terrace.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.terrace.fi/faq/why-terrace.md). # Why Terrace ### **Why should I sign up for Terrace?** Terrace offers the widest token coverage and deepest liquidity of any platform or exchange. We do this by aggregating DeFi, CeFi, and OTC venues into a single platform. You get the actual depth and breadth of venues like Binance, Bybit, Gate, Coinbase, OKX, Bybit, Uniswap, along with leading market makers like B2C2 (plus many, *many* more venues) all in a single platform. ### **Why is Terrace better than traditional exchanges?** Terrace is better than centralized exchanges you may have heard of because Terrace isn’t a single venue—it’s all of them under one roof. Instead of just getting the liquidity and token coverage on Binance or Coinbase or OKX, on Terrace you get the liquidity and token coverage of Binance AND Coinbase AND OKX AND Bybit AND many other exchanges, DEX, market makers, AND OTC desks. We aggregate DeFi + CeFi + OTC to ensure we have the deepest liquidity across venues, not just one order book. Venue aggregation and our proprietary smart order routing means we also bring you better prices and more tokens. Using Terrace also means lower slippage at size, anything-to-anything swaps, multi-wallet support, and pro-level tools like access to leading market makers. In short: every token, best price, one account. ### **Why you should use Terrace instead of venues like Uniswap?** Uniswap only gives you access to on-chain DEX liquidity, which can be shallow and expensive for large trades. Terrace aggregates across DeFi, CeFi, and OTC, so you always get the best route, deepest liquidity, and lowest slippage — even at size. \ \ For a sense of scale, Terrace offers over 10x the liquidity for Ethereum than Uniswap. Terrace is far more powerful than a single DEX. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.terrace.fi/faq/why-terrace.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.