1inch platform and Linea blockchain have announced a collaboration aimed at improving transaction conditions for their users.
1inch and Linea Partnership
1inch, a decentralized exchange aggregator with a trading volume of $500 billion, has partnered with Linea, a zkEVM layer 2 blockchain developed by ConsenSys. This collaboration provides 1inch users with access to liquidity from decentralized exchanges based on Linea, reducing transaction costs and increasing processing speed.
Benefits for 1inch Users
Thanks to the integration, 1inch users can benefit from transaction fees up to 16.6 times lower and processing speeds 6 times faster compared to Ethereum. This is made possible by Linea's infrastructure, significantly enhancing trade execution efficiency.
Opportunities for Linea Users
Linea users will have access to better swap rates across many decentralized exchanges as well as advanced trading tools. Specifically, Linea users can utilize 1inch's 'Advanced Mode', which allows swaps without needing native tokens for gas fees, preventing front-running (MEV) attacks, a solution recognized as the 'Most Exciting DeFi Solution' at the INATBA Awards Gala.
The partnership between 1inch and Linea represents a significant step towards improving transaction speed and accessibility for users of both platforms, as well as strengthening their positions in the DeFi market.
