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1inch Now Lets You Swap Tokens Across Different Blockchains

25.11.2024 17:24 1 min. read Alexander Zdravkov
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1inch Now Lets You Swap Tokens Across Different Blockchains

1inch has officially launched Fusion+, its cutting-edge cross-chain solution, to all users of the 1inch Wallet and 1inch dApp.

After a successful beta phase beginning in September, Fusion+ has proven to be a revolutionary tool in decentralized finance (DeFi), providing seamless token swaps across multiple Layer 1 (L1) and Layer 2 (L2) blockchains.

Fusion+ enables users to maintain full self-custody of their assets while securely completing transactions across different networks. With millions of dollars in total volume processed since its release, Fusion+ has reshaped the cross-chain experience by eliminating the slowdowns and risks previously associated with bridges.

The process to swap tokens with Fusion+ in the 1inch Wallet is straightforward. Users can select their tokens, choose the network or multiple networks, and easily pick the destination token. The system automatically displays optimal swap parameters, including zero network fees and a minimum receive amount.

Fusion+ now allows for quick, efficient, and secure cross-chain swaps directly in the 1inch dApp, making it simpler than ever for users to exchange assets across various blockchain ecosystems.

The platform’s native token, 1INCH, is currently trading at $0.392 after a 5.2% surge in the past 24 hours and more than 20% on the weekly chart.

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