• 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

Traders Return to Speculative Activity as XRP Shows Signs of Upward Pressure

chest

Traders are showing signs of returning to speculative activity as XRP indicates potential upward pressure.

user avatarTomas Novak

XRP Faces Increased Volatility Amid Bearish Market Trends

chest

XRP has breached the 130 support level, leading to heightened volatility on cryptocurrency exchanges, particularly Binance.

user avatarEmily Carter

META CEO Mark Zuckerberg Hints at Entering Cloud Computing Market

chest

META CEO Mark Zuckerberg hints at the company's potential entry into the Cloud computing market to compete with Amazon Web Services and Microsoft's Azure.

user avatarKaterina Papadopoulou

Barclays Predicts Major Decline for Apple Stock

chest

Barclays predicts a significant decline in Apple stock, forecasting it could fall to 253, contrasting with other analysts' optimistic views.

user avatarMaya Lundqvist

Unidentified Wallet Sends 107 BTC to Burn Address, Sparking Speculation

chest

An unidentified wallet has sent 107 BTC to a burn address, leading to speculation about the reasons behind this significant Bitcoin destruction.

user avatarLeo van der Veen

ICE to Extend Trading Hours in Response to Hyperliquid

chest

ICE plans to extend trading hours on Fridays and reopen earlier on Mondays in response to Hyperliquid's disruptive weekend oil trading.

user avatarAisha Farooq

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.