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Leading DeFi Aggregator 1inch Integrates Sonic Network from Sonic Labs

9h ago
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Leading DeFi Aggregator 1inch Integrates Sonic Network from Sonic Labs

  • Users will be able to store, transfer, and monitor assets with ease when the Sonic network becomes native in the 1inch Wallet and traceable with Portfolio.
  • 1inch’s integrated MEV protections ensure that every transaction is carried out swiftly, equitably, and safely for all swaps on Sonic.

The leading DeFi aggregator, 1inch, revealed today that Sonic Labs’ high-speed Sonic network has been integrated. Along than enabling cross-chain trading between Sonic and other compatible EVM chains simple, this move enables users to switch with industry-leading rates on Sonic.

Users will be able to store, transfer, and monitor assets with ease when the Sonic network becomes native in the 1inch Wallet and traceable with Portfolio. You will get best-in-class pricing on every transaction whether you trade using the 1inch interface or use the Developer Portal to access our API. The integration also adds Sonic liquidity to Pathfinder, 1inch’s innovative intelligent routing algorithm.

Additionally, 1inch’s integrated MEV protections ensure that every transaction is carried out swiftly, equitably, and safely for all swaps on Sonic.

Everyone benefits from 1inch’s incorporation of Sonic. Tighter spreads and quicker fills may be pursued by active traders. Through the 1inch Developer Portal APIs, builders may use Sonic, which gives your app access to the same blazing-fast routes. These APIs include Swap, Balance, Spot pricing, and History. DeFi is a great on-ramp for new customers because of its low fees. Additionally, Sonic is active for regular users of 1inch Wallets; no setup is required; just click to switch networks.

Sergej Kunz, Co-Founder of 1inch stated:

“With this integration, users receive our gasless, industry-leading swap rates on Sonic and can securely trade to and from the chain, no bridges required. This is another step toward our mission of unifying the DeFi ecosystem, while also reinforcing why we remain the number one DEX aggregator.”

Michael Kong, CEO of Sonic Labs stated:

“1inch integrating with Sonic is a powerful validation of what we’re building. A lightning-fast, builder-friendly chain designed to make DeFi simple and scalable. By combining Sonic’s performance with 1inch’s world-class aggregation, we’re unlocking a seamless experience for users and empowering developers with deeper liquidity and better tools. It’s another step toward a more unified, accessible financial future.”

Protocols immediately available via 1inch on Sonic are:

With a smooth cryptocurrency trading experience for 23 million customers, 1inch speeds up decentralized finance. With over $1 billion in daily trades, 1inch is the leading platform for inexpensive, effective token swaps. It also provides a number of cutting-edge tools, such as a safe self-custodial wallet, a portfolio tracker for managing digital assets, a developer portal to expand its state-of-the-art technology, and even a debit card for convenient cryptocurrency spending. Through constant innovation, 1inch is making DeFi easier for everyone.

The next generation of DeFi apps is powered by Sonic, the best-performing EVM blockchain, which combines speed, incentives, and top-notch infrastructure. The network can process up to 400,000 transactions per second and reach sub-second finality.

Fee Monetization, a system that enables developers to get 90% of the network fees earned by their applications, is the foundation of Sonic’s incentive strategy. FeeM, which was inspired by Web2 ad-revenue sharing models, pays developers for increasing growth, consumption, and real activity.

9h ago
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