Decentralized exchange (DEX) aggregator 1inch has announced the expansion of its services to the rapidly growing Solana blockchain, solidifying its position as a leading swap marketplace in the decentralized finance (DeFi) ecosystem. With the integration of Solana, 1inch users can now enjoy secure token swaps at optimal rates, leveraging the blockchain’s impressive metrics, which include $539 billion in DEX trading volume and 5 billion transactions over the past three months. The deployment of 1inch’s proprietary Fusion protocol on Solana allows users to place swap orders executed by professional market makers, enhancing swap execution through competitive pricing mechanisms. As 1inch continues to innovate, it plans to introduce cross-chain swaps between Solana and ten other blockchains, further uniting major DeFi ecosystems and transforming Solana into a central hub for global DeFi activity.
Source: Bitcoin
