Whether in Ethereum or the BNB Chain, 1inch is the largest dex aggregator in the ecosystem. Thus, it connects to the different Dex to offer the most attractive rates to users during a swap. From now on, he puts his sails towards a new blockchain: Solana.
- 1INCH announced its deployment on the Solana blockchain, offering users the best swap rates.
- The protocol introduces its fusion service, optimizing costs and protecting transactions against the front-drinning thanks to soil.
1INCH sets sail on Solana
This Tuesday, April 29, the protocol 1inch has announcement her Deployment on a new blockchain and not least: Solana.
So Solana users will now be able to benefit from the best rates through the Dex aggregator. In addition to this, 1INCH has anti-MEV protection which prevents users with some unpleasant surprises.
Unsurprisingly, 1inch also arrives with his Fusion service On Solana. A process based on soil, which is responsible for finding the best rate for a given swap. This optimizes costs and protects transactions against the front-ringing by grouping orders before sending the network.
“The winning combination of So Solana’s ultra-short block time and Dutch 1inch auction mechanisms allow better swaps execution for users, compared to what slower blockchains can offer. »»
Cross-chain swaps at the turn
However, this deployment is only a first step for 1 inch. Indeed, the protocol will then Open the possibility of carrying out cross-chain swaps from and towards Solana.
“Soon, users will be able to carry out transparent, secure and autonomous exchanges between Solana and 10 other channels. »»
So Solana will join the other compatible blockchains, such as Ethereum, BNB Chain, Avalanche or L2 as a base and arbitrum to name a few.
For its part, the Sol is colored. Indeed, after a free fall up to $ 95, its course left up flirting with the $ 150 mark.