KEY TAKEAWAYS
- 1inch has fully launched Fusion+, a cross-chain solution for seamless token swaps across multiple blockchains.
- Fusion+ emphasizes security and user autonomy, allowing self-custody of assets during cross-chain transactions.
- The platform has processed millions in volume since its beta, showcasing its efficiency in the DeFi space.
- Fusion+ offers a user-friendly interface for optimal cross-chain swaps without additional settings.
1inch has announced the full release of Fusion+, a cross-chain solution designed to facilitate seamless token swaps across multiple blockchains. Initially launched in beta on September 18, Fusion+ is now available to all users on the 1inch Wallet and 1inch dApp.
Fusion+ is built with a focus on security and user autonomy, allowing users to maintain full self-custody of their assets while completing transactions securely across different networks. This solution aims to eliminate the complexities and risks associated with traditional cross-chain swaps, such as the use of bridges.
Since its beta launch, Fusion+ has processed millions of dollars in total volume, demonstrating its efficiency and potential impact on decentralized finance (DeFi). The platform leverages intent-based architecture and atomic swap technology to ensure trustless verification of transactions.
How Fusion+ Enhances Cross-Chain Transactions
Fusion+ allows users to swap tokens across various Layer 1 (L1) and Layer 2 (L2) blockchains at optimal rates. The process is designed to be user-friendly, requiring no special modes or additional settings. Users can simply use the familiar swap interface to execute cross-chain swaps.
To ensure a successful transaction, users are advised to keep the 1inch Wallet app open until the transaction is fully verified. If the app closes prematurely, the order may be canceled. Once confirmed, the process is automated, providing a seamless and fee-free experience directly from the 1inch Wallet.
Accessing Fusion+ on 1inch Platforms
Users can access Fusion+ directly within the 1inch dApp without any additional setup. The process involves selecting the desired tokens and chains, confirming the transaction, and keeping the tab open until the swap is complete.
For more information on Fusion+ and its capabilities, visit the official announcement here.
Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
