1inch Network expands to Avalanche and Gnosis Chain
The decentralized exchange aggregator said it hopes to offer users more options for low-costs, high-speed transactions. The 1inch Network announced on Wednesday its plans to deploy the 1inch Aggregation Protocol on Avalanche and the 1inch Limit Order Protocol on Gnosis Chain, formerly known as the xDai Chain. In a statement shared with Cointelegraph, the 1inch Network expressed its aim to further expand its capabilities within the decentralized finance, or DeFi, industry. 1/ In life, we often have to choose between two options both of which may seem important to us. But what if we could go....
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Polygon, formerly known as Matic, offers 1inch Network more capabilities, including higher throughput and access to large liquidity pools. 1inch Network, a leading decentralized exchange aggregator, has officially expanded to Polygon — a move that opens up additional liquidity sources on Curve, SushiSwap, QuickSwap, Aave V2 and Cometh.1inch announced Thursday that the exchange liquidity pools will be added immediately, with more protocols to be gradually phased in over time. Polygon was described by 1inch as a “vital” infrastructure protocol for ensuring efficient Ethereum scaling as the....
Avalanche (AVAX) has recently spiked by as much as 11% in the past seven days, surpassing other leading cryptocurrencies. August shows a whopping 46 million transactions made on the Avalanche network Avalanche network busy with major developments and integrations 4-hour chart for AVAX shows bullish movement It is presumed that the recent developments on the Avalanche network helped immensely with the gains of AVAX. August registers roughly 46 million transactions made on the Avalanche network which is a relatively high number to begin with. Related Reading: Cosmos....
The partnership will allow Wirex community members to swap their tokens through an API provided by 1inch Network. Non-custodial wallet platform Wirex has partnered with 1inch Network to use its aggregation API to power token swaps. Through the partnership, users of the Wirex wallet will be able to exchange tokens within the wallet. In an announcement, 1inch Network co-founder Sergej Kunz said that the partnership will allow Wirex community members to swap their tokens on multiple blockchains. Using a search algorithm that finds swapping routes, 1inch will let Wirex users find optimal....
A series of protocol upgrades and new liquidity integrations prove that 1INCH is aiming to increase its DeFi and DEX aggregator market share. As the decentralized finance (DeFi) ecosystem evolves and expands to encompass the whole of the cryptocurrency sector, the race to become the top decentralized exchange (DEX) aggregator is heating up as new entrants to the field seem to emerge on a weekly basis. One of the top DEX aggregators that has recently seen its price reach a new record high is 1Inch (1INCH), a protocol which offers “access to the most liquidity, lowest slippage and best....
On Tuesday, the team behind the Umbria network announced the launch of the new Narni cross-chain Avalanche bridge. Umbria says the bridge is 90% cheaper than the official Avalanche bridging solution allowing users to move ether between the Ethereum blockchain and the Avalanche network. Narni Cross-Chain Bridge Adds Avalanche Solution During the last two weeks the price of avalanche (AVAX) has increased 33.4% and this week, AVAX made its way into the top ten crypto positions in terms of market capitalization. As far as the total value locked (TVL) in decentralized finance (defi) is....