1inch Debuts Cross-Chain Swap Feature
According to 1inch, the feature is protected from assaults known as maximal extractable value (MEV) by design.
A new feature that lets users trade their digital assets cross-chain while keeping self-custody of the assets was unveiled by Decentralized Exchange (DEX) 1inch.
The “Fusion+” functionality combines off-chain and onchain liquidity to deliver swaps. According to the DEX, there is an inherent defense against maximal extractable value (MEV) attacks in this feature.
According to 1inch, the feature is enabled by atomic swap technology, which is intended to facilitate “all-or-nothing” transactions. All money is sent back to the sender if a swap fails.
Smart contracts also oversee the swaps, confirming every swap condition. This indicates that the transfers are trustless and don’t require consent from outside parties.
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