• 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

NYSE Parent Company Invests in OKX, Valuing Crypto Exchange at $25 Billion

chest

The New York Stock Exchange's parent company has invested in the crypto exchange OKX, valuing it at $25 billion and enabling trading of tokenized stocks and derivatives.

user avatarDavid Robinson

NYSE's Broader Push into Crypto and Tokenization

chest

The NYSE is expanding its presence in the cryptocurrency market, focusing on tokenization and partnerships.

user avatarMaria Gutierrez

Michael Saylor Discusses Bitcoin's Price Suppression Due to Shadow Banking

chest

Michael Saylor discusses Bitcoin's price suppression due to shadow banking practices and the need for a regulated credit system.

user avatarAndrew Smith

Kindred Labs and IPX Join Forces to Launch AI Companions

chest

Kindred Labs has announced a strategic partnership with IPX to develop AI companions featuring popular characters like BROWN.

user avatarJacob Williams

Revised Editorial Guidelines Focus on Improved Precision and Objectivity.

chest

A new editorial policy has been established to ensure accuracy, relevance, and impartiality in content.

user avatarZainab Kamara

Bitcoin Rises Due to Geopolitical Strains.

chest

Bitcoin rebounds from recent lows, reaching a one-month high despite ongoing geopolitical conflicts.

user avatarSon Min-ho

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.