In a world where the digital and the tangible blur into an indistinguishable mรฉlange, 1inch users can now swap assets between Solana and 12 EVM networks. A minor miracle, one might say, akin to finding a loaf of bread in a Siberian winter. ๐โ๏ธ
- DEX aggregator 1inch, like a lone samurai in a sea of sameness, has added support for cross-chain swaps on Solana.
- Users can now swap Solana assets with those on 12 EVM networks, a feat that would make even the most stoic Russian peasant crack a smile. ๐
- 1inch, with the grace of a Tatar horseman, positions itself to compete with Solana-based Jupiter DEX aggregator, a contest that promises to be as thrilling as a Tolstoy novel. ๐๐
Solana (SOL), a cryptocurrency that has weathered storms and blizzards with the resilience of a Siberian wolf, received a significant boost to its liquidity and interoperability. On Tuesday, August 19, DEX aggregator 1inch (1INCH) integrated Solana cross-chain swaps with its platform. Users can now swap assets on Solana with those on 12 EVM networks, without the need to rely on cross-chain bridges, a development as refreshing as a cold vodka on a hot summer day. ๐ฅ๐
According to 1inch, users will be able to move their assets while retaining custody, a feature as comforting as a warm stove in a freezing hut. At the same time, the platform will leverage Fusion+ intents to offer favorable swap rates. Specifically, Fusion+ uses intent-based orders rather than swap paths, which are resolved via Dutch auction. The swaps also offer MEV protection, which disables front-running and sandwich attacks that hurt users, a safeguard as necessary as a fur coat in a snowstorm. โ๏ธ๐ก๏ธ
Bridgeless swaps are a safer way to send assets across different chains, a method as reliable as a well-laid railway track. With cross-chain bridges, users have to relinquish custody of their funds, creating a significant security risk, both from potential hacks and from insider rug pulls. Notably, by July 2025, users lost as much as $2.8 billion to cross-chain bridge hacks, a sum that could feed a small village for generations. ๐๏ธ๐ธ
1inch enters Solanaโs ecosystem with swaps
The move positions 1inch to enter Solanaโs ecosystem, and potentially challenges Solana-based DEX aggregator Jupiterโs dominance. With $13.892 billion in monthly volume, 1inch is currently trailing behind Jupiter at $26.02 billion, a gap as wide as the Siberian steppe. ๐๐ฅ
By offering multi-chain swaps, 1inch could challenge Jupiter, which is built exclusively for the Solana ecosystem. Currently, Jupiter handles over 50% of Solanaโs DEX trading volume, a position as unassailable as a fortress wall. ๐ฐ๐
DEX aggregators pull liquidity across a large number of decentralized exchanges, a task as intricate as a Russian nesting doll. Splitting trades across multiple pools reduces slippage, which prevents the price from moving too much. They also find the best swap routes for users, leading to better pricing, a service as essential as a map in a forest. ๐บ๏ธ๐
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2025-08-19 21:54