1inch has introduced an innovative token exchange solution — users can now perform native cross-chain swaps between Solana and EVM-based networks, including Ethereum, BNB Chain, Polygon, and others, without the need for bridges or centralized messaging protocols.
This is reported by Business • Media
High Level of Security and Liquidity for Users and Developers
According to the developers, the new functionality provides enhanced security and liquidity by eliminating traditional barriers between popular blockchains. All 1inch products, including the dApp, mobile wallet, and Fusion API, already support this capability. This opens up new opportunities for both regular users and developers, who can integrate cross-chain swaps into their projects without relying on third-party services.
Swaps are signed directly by the asset owners, and execution is ensured by a network of competing resolvers vying for the best rates. Built-in protection against MEV (maximum extractable value) prevents transaction manipulation, increasing the transparency and fairness of exchanges.
Solana — A New Bridge for Global DeFi Infrastructure
1inch recently added support for Solana, leveraging its low block latency and developed ecosystem. Full cross-chain integration addresses the fragmentation issue between Solana and EVM networks, which the company believes makes Solana an essential part of the global DeFi infrastructure and helps attract new users and liquidity.
“The speed and efficiency of Solana have made it an ideal candidate for our next frontier in cross-chain swaps. By eliminating the need for bridges and messaging protocols like LayerZero or Chainlink CCIP, we provide a fundamentally safer and smoother cross-chain experience,” said 1inch co-founder Sergey Kunts.
With the new functionality, Solana tokens can be directly converted into assets of leading EVM networks. This not only simplifies interactions for users but also opens up new scenarios for DeFi projects.
For developers, the Fusion API allows for the integration of secure and decentralized cross-chain swaps into their own applications without intermediaries. 1inch representatives emphasize that this is just the beginning of a large-scale transformation: in the future, the team plans to add support for blockchains outside the EVM ecosystem, creating a unified next-generation interface for DeFi.