#solana
1inch, a leading decentralized exchange (DEX) aggregator, has officially launched support for the Solana blockchain, enabling users to perform on-chain swaps through its dApp and access six APIs via the 1inch Developer Portal.
The announcement was made during TOKEN2049 Dubai , signaling a major milestone for the platform’s cross-chain ambitions.
This marks the first major deployment of the 1inch Fusion protocol on Solana, laying the foundation for seamless swaps between SOL and over ten other blockchains already integrated with 1inch.
Why Solana?
The integration comes amid Solana’s standout performance in the blockchain space. According to Dune Analytics, Solana outpaced Ethereum in several key areas over the last three months:
$395 billion in DEX trading volume (vs. Ethereum’s $364 billion )
4.8 billion transactions processed (vs. Ethereum’s 1 billion)
224 million active addresses (vs. Ethereum’s 78 million)
Solana’s short block times and high throughput make it an ideal match for 1inch’s Fusion protocol, which introduces a novel intent-based trading mechanism. In this system, users define trading parameters while market makers — referred to as “resolvers” — compete to fulfill orders via a Dutch auction process. This setup reduces slippage, boosts efficiency, and enhances liquidity aggregation.
