1Inch moves to unite DeFi liquidity across 11 chains with Aqua

Decentralized exchange aggregator 1Inch announced the launch of its Aqua protocol allowing users to provide liquidity to many protocols at once.

Decentralized exchange (DEX) aggregator 1Inch (1INCH) announced Aqua, a protocol aimed at unifying the liquidity pools of numerous markets in the decentralized finance (DeFi) ecosystem.

According to Tuesday’s announcement, Aqua allows liquidity providers to authorize several strategies against one wallet inventory, while the assets remain in the wallet until a trade settles — rather than depositing the funds to any particular liquidity pool. The protocol has been deployed on 13 blockchains including Ethereum, Arbitrum (ARB), Base, Robinhood Chain and BNB Chain (BNB).

Source: 1Inch

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