• 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

CLARITY Act Moves Closer to Senate Vote

chest

The long-awaited CLARITY Act is nearing its final procedural hurdle in the Senate, with a vote expected in May.

user avatarTomas Novak

Analysts Predict Potential Price Rallies for Dogecoin and Shiba Inu

chest

Crypto analysts predict significant price rallies for Dogecoin and Shiba Inu, with potential bullish breakout for Dogecoin and a 10x rally for Shiba Inu.

user avatarKaterina Papadopoulou

US Admiral Highlights Bitcoin's Importance for National Security

chest

US Admiral Samuel Paparo discusses Bitcoin's strategic relevance for national security during a Senate hearing.

user avatarMaya Lundqvist

Ethereum Surpasses Solana in Fees and Network Activity

chest

Recent data shows Ethereum significantly outperformed Solana in network fees and active addresses, generating approximately $27 million in fees compared to Solana's $70,000, with Ethereum's active addresses nearing 600,000.

user avatarLeo van der Veen

Bitcoin Faces Decline Amidst Rising Oil Prices and Geopolitical Tensions

chest

Bitcoin's value has dropped below $77,000 as crude oil prices surge, influenced by geopolitical instability and failed US-Iran negotiations.

user avatarLi Weicheng

Litecoin Developers Uncover Critical MWEB Validation Flaw

chest

Litecoin developers revealed a significant flaw in the Mimblewimble Extension Block (MWEB) implementation that allowed an attacker to inflate pegout by over 85 LTC.

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.