• 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

Cardano Advances Ecosystem Upgrades Amidst Market Challenges

chest

Cardano is launching USDCx and integrating LayerZero to enhance its DeFi ecosystem despite market pressures.

user avatarEmily Carter

Cardano ADA Faces Market Challenges Amidst Development Activity

chest

This year has been challenging for Cardano ADA investors as weakening retail participation collides with renewed development activity and aggressive accumulation by large holders.

user avatarTomas Novak

Analysts Warn of Potential Strain on Digital Asset Treasuries by 2026

chest

Analysts warn that by 2026, companies holding large amounts of digital assets may need to sell part of their holdings due to falling prices and debt obligations.

user avatarKaterina Papadopoulou

Bitcoin Faces Prolonged Bear Market with Five Consecutive Months of Losses

chest

Bitcoin is on track to complete five consecutive months of losses, marking one of the longest bear runs in its history.

user avatarMaya Lundqvist

Industry Leaders Back Vitalik Buterin's Prediction Market Vision

chest

Industry leaders express support for Vitalik Buterin's vision on the future of prediction markets, emphasizing their role in economic stability.

user avatarLeo van der Veen

Vitalik Buterin Proposes New Use for Prediction Markets

chest

Ethereum cofounder Vitalik Buterin proposes that prediction markets could replace fiat currency by providing price stability, advocating for a shift towards hedging rather than short-term bets.

user avatarLi Weicheng

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.