TL;DR
- The integration of 1inch with Linea enhances user experience by offering swaps with fees up to 16.6 times lower and execution speeds up to 6 times faster than Ethereum.
- Linea, developed by ConsenSys, utilizes zero-knowledge rollup (zk-rollups) technology to maintain security and scalability without compromising decentralization.
- The merger of 1inch and Linea facilitates access to a wide range of DEXs and advanced trading tools, driving the growth of the decentralized finance sector.
The decentralized exchange aggregator 1inch has taken a crucial step in its expansion by integrating its protocol with Linea, a Layer 2 blockchain based on zkEVM developed by ConsenSys. This move will allow 1inch users to enjoy a more efficient trading experience, with reduced costs and significantly faster execution times compared to the Ethereum mainnet.
Linea, recognized for its scalability and full compatibility with the Ethereum Virtual Machine (EVM), stands out by leveraging zk-rollups to optimize transaction speed and efficiency. With this integration, users will gain access to a growing ecosystem that already hosts hundreds of DeFi applications and protocols, all without compromising security or decentralization.
A Strategic Alliance to Boost Decentralized Finance
The collaboration between 1inch and Linea brings multiple benefits for both traders and developers. By connecting its infrastructure with Linea, 1inch expands its access to liquidity in decentralized exchanges, enabling better exchange rates and advanced protections against MEV attacks. Among the key platforms already available on Linea via 1inch are SushiSwap v3, PancakeSwap v3, Woofi v2, and Nile v2, among others.
On the other hand, Linea users will also gain access to 1inch’s advanced trading tools, including its “Advanced Mode,” which allows swaps without the need for native tokens to pay gas fees. This feature is particularly useful in an environment where efficiency and protection against frontrunning are essential.
Driving DeFi Evolution Through Key Partnerships
This integration is part of 1inch’s broader strategy to enhance the DeFi user experience through collaborations with both Layer 1 and Layer 2 blockchains. Recently, 1inch has established partnerships with Polygon and Binance Smart Chain, and its arrival on Linea reinforces its commitment to scalability and accessibility in the sector.
For Linea, the addition of 1inch strengthens its ecosystem and solidifies its position as one of the most promising solutions in the blockchain space. Through strategic agreements, such as its recent integration with Lumia to incorporate centralized exchange liquidity and its alliance with PancakeSwap, Linea continues to expand the possibilities of modern DeFi.
The union of these two powerhouses in the crypto ecosystem marks a new chapter in the evolution of decentralized finance.
