• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

1inch Fusion+: a new level of cross-chain swapping

user avatar

by Giorgi Kostiuk

a year ago


  1. Cross-chain frictions
  2. 1inch's solution: the best of both worlds
  3. The secret sauce: how 1inch does it better

  4. 1inch, a decentralized finance platform, has released a new white paper outlining Fusion+, an atomic cross-chain swap protocol. This innovation aims to address key challenges faced by existing solutions.

    Cross-chain frictions

    In the decentralized finance (DeFi) ecosystem, limited interoperability between blockchain networks has created significant friction. Existing solutions generally fall into two categories: centralized bridges with serious security risks and decentralized approaches often offering a frustrating user experience.

    1inch's solution: the best of both worlds

    1inch developed Fusion+, an intent-based atomic cross-chain swap protocol. This groundbreaking hybrid solution combines the best aspects of traditional atomic swaps and intent-based protocols.

    The secret sauce: how 1inch does it better

    Fusion+ enhances security and makes the user experience frictionless. Instead of relying on users to manage every aspect of a swap, the process is streamlined through the use of Dutch auctions and 1inch resolvers - trusted professional market makers that automate the bulk of the work.

    1inch is solving one of the biggest bottlenecks in DeFi: cross-chain friction. As more users and liquidity flow into DeFi, the need for a seamless cross-chain experience has never been greater.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Starknet Introduces strkBTC: A New Bitcoin Token with Privacy Features

chest

Starknet has introduced strkBTC, a Bitcoin-based token designed to enhance user privacy on its Ethereum layer-2 network.

user avatarMohamed Farouk

Block Inc Projects Up to $500 Million in Restructuring Charges

chest

Block Inc expects to incur between $450 million and $500 million in restructuring charges related to workforce reduction, primarily due to severance and other costs.

user avatarDiego Alvarez

Block Inc to Cut Over 4,000 Jobs in Major Restructuring

chest

Block Inc has announced that it will cut more than 4,000 jobs as part of a broad restructuring plan.

user avatarElias Mukuru

Market Analysts Cautious Despite XLM's Recent Bounce

chest

Market analysts express caution despite XLM's recent price bounce due to derivatives positioning and technical indicators.

user avatarArif Mukhtar

Solana's Pacific Backbone Infrastructure Aims to Attract APAC Institutions

chest

Solana Company HSDT has announced the launch of Pacific Backbone, a low-latency infrastructure aimed at attracting APAC institutions.

user avatarGustavo Mendoza

Solana's Real World Asset Ecosystem Hits Historic Levels

chest

Solana's Real World Asset ecosystem has reached an all-time high of over $171 billion in total value, indicating significant growth and institutional interest.

user avatarKenji Takahashi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.