BlockBeats news, July 22, Web3 wallet brand SafePal and DEX aggregator 1inch jointly launched 300 limited edition co-branded hardware wallets, aimed at enhancing the security and usability of DeFi. Against the backdrop of global DEX spot trading volume reaching a record high of 30% last month, this collaboration is of strategic significance.

SafePal CEO and co-founder Veronica Wong stated: "In an increasingly competitive wallet space, it is crucial to continuously iterate and effectively incentivize and retain users. Since token airdrops are often accompanied by opportunists and bot fake accounts, the Walletdrop event conducted with 1inch will help us better identify and serve users with genuine DeFi security needs."

1inch co-founder Sergej Kunz stated: "Self-custody is at the core of decentralization. As DeFi scales and attracts more mainstream users, advocating for secure self-custody methods is particularly important. We are excited to partner with SafePal to incentivize active users and promote best practices for asset protection through this collaboration."