1inch, a leading decentralized exchange (DEX) aggregator, has integrated Solana into its cross-chain swap ecosystem, enabling users to transfer assets directly between Solana and over 12 Ethereum Virtual Machine (EVM) networks without the need for bridges or messaging protocols. This development marks a significant advancement in blockchain interoperability, offering users a more secure and efficient method to move assets across chains while maintaining full custody of their funds [1].

The integration leverages 1inch’s Fusion+ architecture, which was initially designed for EVM-only swaps but has now been adapted to Solana’s environment. This architecture employs a Dutch Auction settlement model in conjunction with chain-specific escrow contracts and programs, allowing resolvers to execute cross-chain orders trustlessly. As a result, users benefit from MEV (Maximal Extractable Value) protection by design, ensuring their transactions are safeguarded against front-running and sandwich attacks [2].

Sergej Kunz, co-founder of 1inch, emphasized the importance of this update in advancing the company’s vision of a unified DeFi experience. He stated that the feature eliminates one of the largest barriers in the DeFi space by making chain choice irrelevant to end-users. With the new capability, liquidity can remain within its native ecosystem while still being instantly accessible across chains, fostering more efficient markets [2].

The move positions 1inch to compete with Solana-based DEX aggregators such as Jupiter, which currently dominates the Solana ecosystem with over 50% of the network’s DEX trading volume. While 1inch trails Jupiter in monthly volume—$13.892 billion compared to Jupiter’s $26.02 billion—the integration of Solana into its platform could attract more liquidity to the 1inch ecosystem and challenge the dominance of Solana-specific aggregators [5].

From a user experience standpoint, the new cross-chain swap feature enhances usability by offering seamless execution and optimal swap rates. The platform aggregates liquidity from multiple DEXs across different networks, providing users with better pricing and reducing slippage. Additionally, the use of intent-based orders allows resolvers to compete for the best execution of user orders, further improving efficiency and user satisfaction [3].

Looking ahead, 1inch has expressed ambitions to expand its cross-chain capabilities beyond EVM and Solana, with plans to support more non-EVM chains in the future. This aligns with Kunz’s vision of a multichain DeFi stack where underlying blockchains become irrelevant to users, allowing for a more fluid and interconnected DeFi landscape [2]. According to Kunz, within two to three years, DeFi protocols could be chain-agnostic, with liquidity flowing freely across chains and the need to move assets manually becoming obsolete [2].

The integration of Solana into 1inch’s cross-chain swap ecosystem not only enhances the utility of the 1inch platform but also strengthens Solana’s position as a leading blockchain for DeFi activity. By removing the reliance on bridges and messaging protocols, 1inch provides users with a more secure and efficient way to access liquidity across chains, potentially boosting Solana’s appeal to both retail and institutional investors [4].

Source:

[1] 1inch Enables Cross-Chain Swaps with Solana – Blog (https://blog.1inch.io/1inch-solana-cross-chain-swaps/) [2] 1inch launches Solana-to-EVM crosschain swaps without … (https://cointelegraph.com/news/1inch-solana-evm-crosschain-swaps-no-bridges) [3] Cross Chain Swap at the Best Rates (https://1inch.io/cross-chain-swap/) [4] 1inch Unveils Solana Integration for Cross-Chain Swaps (https://thedefiant.io/news/defi/1inch-unveils-solana-integration-for-cross-chain-swaps) [5] 1inch integrates Solana for direct cross-chain swaps … (https://crypto.news/1inch-integrates-solana-for-direct-cross-chain-swaps-without-bridges/)