1inch launches on Solana with $539 billion in recent DEX volume
Decentralized exchange aggregator 1inch (CRYPTO:1INCH) has expanded its services to the Solana (CRYPTO:SOL) blockchain, enabling users to swap over 1 million Solana-based tokens with optimised rates and low fees.
The integration brings 1inch’s Fusion protocol to Solana, allowing users to set trade parameters that professional market makers execute through a Dutch auction model.
This mechanism starts exchange rates high and lowers them until a trade is accepted, reducing price slippage and improving liquidity aggregation.
Solana’s blockchain has demonstrated strong DeFi performance, recording $539 billion in decentralised exchange trading volume and 5 billion transactions over the past three months, surpassing Ethereum (CRYPTO:ETH) in transaction count and active addresses.
1inch plans to introduce cross-chain swaps between Solana and more than 10 other blockchains in the coming months, aiming to connect liquidity across major DeFi ecosystems and reduce blockchain isolation.
“Our integration with Solana moves us closer to uniting disparate chains and solving one of DeFi’s biggest barriers to adoption,” said Sergej Kunz, co-founder of 1inch.
The launch also includes six developer APIs to support new decentralized applications built on the 1inch-Solana infrastructure.
By leveraging Solana’s fast block times and 1inch’s smart contract architecture, the platform offers users minimal fees-often less than one cent per swap-and MEV-protected transactions.
This expansion strengthens 1inch’s position in the competitive DeFi landscape, where efficiency, security, and deep liquidity are critical.
According to data from Dune Analytics and DefiLlama, Solana’s growing adoption and performance improvements make it a serious contender alongside Ethereum in the evolving DeFi ecosystem.
The rollout on Solana follows 1inch’s previous launches on Ethereum scaling solutions and Coinbase-incubated Base, reflecting the aggregator’s commitment to a unified multichain DeFi experience.
At the time of reporting, the 1inch price was $0.2084, while the Solana price was $149.04.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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