1inch Unveils Fusion+ for Full Cross-Chain Swaps in DeFi

A New Era in Cross-Chain Swapping

Dubai, United Arab Emirates, 26th November 2024, FinanceWire. 1inch has officially launched Fusion+, making this powerful tool available to all users in the 1inch Wallet and dApp. With this new feature, users retain full self-custody of their assets while enabling secure transactions across two blockchain networks during swaps.

Fusion+ Performance and User Benefits

Since its beta launch on September 18, Fusion+ has showcased its transformative potential in the DeFi landscape. The platform has effectively processed millions of dollars in total transaction volume, demonstrating remarkable efficiency. By prioritizing security, Fusion+ now allows for optimized token swaps across various L1 and L2 blockchains.

How to Use Fusion+ in the 1inch Wallet

• Token Selection: Choose the token for swapping.
• Network Selection: Specify a network or choose 'All networks' for broader options.
• Destination Token: Select the token to receive and its corresponding network.

While completing a swap, it's crucial for the app to remain open until verification is completed. Otherwise, the order may be canceled.

Accessing Fusion+ in the 1inch dApp

Upon exiting beta, users can now engage directly with the Fusion+ functionality within the dApp, ensuring a seamless experience without complex setups. Transactions are executed smoothly, maintaining an open tab until completion.

The aim of 1inch is to redefine decentralized finance by providing a user-friendly platform and innovative tools. By facilitating low-cost token swaps and offering comprehensive services, 1inch reshapes the financial landscape for everyone, from novice traders to seasoned investors.