1inch cross-chain swaps launch between Solana and EVM networks, offering users a bridge-free, secure way to move assets and enhance DeFi liquidity.
Decentralized finance (DeFi) just got a major boost as 1inch unveils 1inch cross-chain swaps connecting Solana to over a dozen Ethereum Virtual Machine (EVM) networks. This rollout promises users faster, safer, and more efficient transfers without relying on traditional cross-chain bridges.
1inch, known for its decentralized exchange (DEX) aggregation prowess, has integrated this feature across its dApp, Wallet, and Fusion+ API. Users can now move assets seamlessly between Solana and EVM chains like Ethereum, Polygon, Arbitrum, and Optimism—all while enjoying built-in protection against maximal extractable value (MEV) attacks.
Eliminating Bridges for Safer DeFi
Traditionally, moving tokens between blockchains required bridges. Bridges wrap assets into pegged tokens on the destination chain, enabling them to be deployed across ecosystems. While functional, these platforms are high-risk targets. History has shown that exploits on bridges can be catastrophic. For example, the Heco Bridge lost $111 million in November 2023, and Nomad Bridge suffered a $190 million hack in August 2022.
By introducing 1inch cross-chain swaps, 1inch removes the need for bridges entirely. Co-founder Sergej Kunz emphasized that eliminating bridges and messaging protocols delivers a “fundamentally safer and smoother cross-chain experience.” Users can now swap Solana assets directly against EVM tokens, reducing friction and improving overall security.
Addressing Liquidity Fragmentation
One of the main challenges in DeFi has been liquidity fragmentation across blockchains. With Solana’s rapid growth and EVM networks’ widespread adoption, seamless interoperability has been a long-standing need. 1inch’s new 1inch cross-chain swaps directly tackle this issue by connecting Solana liquidity to Ethereum, Polygon, Arbitrum, and Optimism, thereby creating a more cohesive DeFi ecosystem.
For retail traders, the feature is accessible through both mobile-focused and browser-based platforms, including the 1inch Wallet and dApp. Developers can leverage the Fusion+ API to integrate trustless Solana-EVM swaps into new projects, expanding use cases and enabling innovative DeFi applications.
Enhanced Security Meets User Convenience
Security has been a key motivator behind this launch. By avoiding traditional bridge mechanisms, 1inch significantly reduces exposure to cyberattacks that historically plague cross-chain transfers. At the same time, users enjoy a seamless swap experience, with assets moving between chains without requiring wrapped tokens or additional steps.
The platform processes approximately $500 million in daily trading volume, reflecting strong community trust and adoption. With 1inch cross-chain swaps, the protocol strengthens its position as a DeFi hub while opening Solana to a wider audience of EVM-based traders and liquidity providers.
Looking Ahead: Expanding Interoperability
This launch is just the beginning for 1inch. The roadmap includes expanding interoperability to additional non-EVM chains, aiming for a truly multichain DeFi ecosystem. As DeFi continues to evolve, 1inch cross-chain swaps position the aggregator at the forefront of secure, efficient, and accessible asset transfers.
For users and developers, the ability to seamlessly move assets across Solana and EVM networks without bridges marks a major milestone. By combining convenience with enhanced security, 1inch is setting a new standard for cross-chain DeFi activity.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards.