• 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

Farside Investors Emphasizes Strict Editorial Standards

chest

Farside Investors has released a report that emphasizes its commitment to a strict editorial policy focused on accuracy, relevance, and impartiality.

user avatarNguyen Van Long

Meta is Set to Launch a New Prediction Market App Named 'Arena'

chest

Meta is reportedly developing a new app called Arena that will allow users to make predictions on events using points instead of real-world cash.

user avatarJesper Sørensen

Meta's Previous Ventures into Crypto and Prediction Markets

chest

Meta has a history of engaging with crypto technologies, including its previous attempt at a prediction market with the Forecast app, which was launched in 2020 and shelved in 2022.

user avatarSatoshi Nakamura

TurboFlow Secures $6 Million Seed Funding from Pantera Capital

chest

TurboFlow has successfully raised $6 million in a seed funding round led by Pantera Capital, indicating strong investor interest in platforms that integrate prediction markets and trading infrastructure.

user avatarRajesh Kumar

Securitize and tZERO Enter Legal Battle Over Tokenized Securities

chest

Securitize and tZERO are currently engaged in a legal dispute in Delaware concerning the infrastructure for tokenized securities.

user avatarLucas Weissmann

Ted Pillows Releases New Report on Liquidation Data

chest

Ted Pillows has released a new report based on liquidation data, offering valuable insights into current financial trends.

user avatarFilippo Romano

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.