Decentralized exchange aggregator 1inch has introduced its platform on Solana, a significant move towards creating a unified multichain DeFi ecosystem. Users can now trade over 1 million Solana-based tokens directly through the 1inch DApp, benefiting from optimized rates and open-source smart contracts. The Fusion protocol on Solana allows users to define swap parameters executed by professional market makers using Dutch auction mechanics. With Solana's fast block times, trading execution is expected to be more efficient. 1inch also plans to enable crosschain swaps between Solana and over 10 other supported blockchains in the near future. The integration comes as Solana outperforms Ethereum and layer-2 networks in key DeFi metrics. 1inch aims to provide developers with tools through the 1inch Developer Portal to build new DApps and services on the 1inch-Solana infrastructure. Read more AI-generated news on: https://app.chaingpt.org/news

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