1inch promises faster, smarter, cheaper trades with new upgrade
Decentralized exchange aggregator 1inch claims up to 6.5% better swap rates after its latest update.
Decentralized exchange (DEX) aggregator 1inch has deployed an update for its price route discovery algorithm, claiming up to 6.5% better swap rates.
In a June 10 announcement shared with Cointelegraph, 1inch claims its “Pathfinder” upgrade results in better swap rates, while also making them faster and more seamless. The new algorithm consolidates specific swap steps and maximizes the use of concentrated liquidity, promising better gas efficiency.
A 1inch representative said the team hopes the gas efficiency improvements will decrease the barrier to entry for retail investors. “This can encourage more frequent usage and build trust in DeFi platforms, making DeFi more accessible,” they said.