• 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

2 years 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

Ancient Ethereum Wallet Reactivated After 11 Years

chest

An old Ethereum wallet containing 2,000 ETH has been reactivated after nearly 11 years of dormancy.

user avatarDiego Alvarez

Arthur Hayes Highlights NEAR and Zcash as Key Privacy Assets

chest

Arthur Hayes highlights NEAR and Zcash as key components of his investment strategy in privacy-focused cryptocurrencies, predicting significant returns.

user avatarMaria Fernandez

NEAR Intents and Zcash: A New Era of Privacy in Crypto

chest

Arthur Hayes discusses the innovative capabilities of NEAR Intents in enhancing Zcash's usability for private transactions, allowing anonymous transfers of crypto assets.

user avatarKenji Takahashi

XRP Stuck in Consolidation as Market Awaits Direction

chest

XRP remains locked in a prolonged consolidation structure near the 135 region, showing little momentum in either direction since February.

user avatarRajesh Kumar

Chainlink Wallets Reach All-Time High as Big Money Interest Grows

chest

Onchain data reveals that wallets holding 100,000 LINK or more have reached a new all-time high, indicating increased interest from large investors.

user avatarMiguel Rodriguez

Chainlink Struggles Below $10 Amid Market Uncertainty

chest

Chainlink continues to face challenges in breaking the $10 resistance level as traders await a decisive market move.

user avatarArif Mukhtar

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.