1inch cross-chain swaps: a year of efficiency and innovation

The year since the launch of 1inch’s cross-chain swap solution has proven its efficiency and security.

A year ago, one of crypto’s biggest headaches was clear: fragmentation. Swapping tokens across different networks was clunky and risky.

1inch changed that. With the launch of cross-chain swaps (originally Fusion+ swaps), we delivered the breakthrough the industry was waiting for: seamless and secure token swaps across multiple blockchains.

With 1inch, users keep full self-custody of their assets while our architecture guarantees that every transaction finalizes on both chains. No middlemen, no compromise.

Why was 1inch’s cross-chain solution groundbreaking?

When 1inch launched its new solution, cross-chain swaps were still slow, expensive and risky, hampered by vulnerable bridges and centralized exchanges. 1inch changed that with a unique blend of intent-based swaps (previously Fusion swaps) and atomic swaps technology.

In intent-based swaps, users define the minimum return they’ll accept, and professional traders - resolvers - compete to execute the trade at the best rates for the user. This architecture also delivers MEV protection by design, shielding users from maximal extractable value exploits.

The intent-based swap concept was enhanced with atomic swap technology, which operates on an all-or-nothing principle: if a swap fails, assets automatically return to the owner. Trust between parties isn’t required, as smart contracts enforce the swap.

This combination set a new benchmark for cross-chain swaps: seamless, efficient and secure.

To learn more about the technical implementation of 1inch cross-chain swaps, check out this white paper.

What have we achieved so far?

Over the past year, 1inch cross-chain swaps have empowered thousands of users to move tokens across chains with efficiency and security. According to the 1inch cross-chain dashboard on Dune, more than 37,000 users have executed over 110,000 swaps so far, totaling $507 mln in volume. 

The most popular directions include BNB → Ethereum ($137.3 mln, 29.19%), Ethereum → Arbitrum ($59.4 mln, 12.63%), Arbitrum → Ethereum ($47.2 mln, 10.04%), Ethereum → BNB ($44.1 mln, 9.37%) and Base → Ethereum ($23.9 mln, 5.07%). 

And this is only the beginning, as demand for cross-chain swaps continues to accelerate.

Try 1inch cross-chain swaps now!