1inch, a decentralized exchange (DEX) aggregator, has introduced an update to its price route discovery algorithm, resulting in up to 6.5% improved swap rates. The upgrade, named 'Pathfinder,' aims to enhance swap rates, speed, and seamlessness by consolidating swap steps and optimizing liquidity usage for better gas efficiency. The team at 1inch believes that these enhancements will lower barriers for retail investors, encouraging more DeFi platform usage and building trust. Additionally, the DApp now offers improved visualizations for users, providing insights into token and transaction execution. The recent integration of 1inch on Solana allows trading of over one million Solana-based tokens directly through the platform. With plans for cross-chain functionality in the pipeline, 1inch aims to solidify its position in the DeFi space by focusing on swap efficiency and gas savings, distinguishing itself from competitors through dynamic aggregation across ecosystems. Read more AI-generated news on: https://app.chaingpt.org/news