Key Takeaways
- Integration: 1inch, a leading decentralized exchange (DEX) aggregator has expanded its services to Linea which is a zkEVM Layer 2 network developed by ConsenSys.
- User Benefits: This integration offers 1inch users access to deeper liquidity, reduced transaction costs—up to 16.6 times lower—and faster execution speeds and up to six times quicker than on the Ethereum mainnet.
- Linea’s Features: Linea leverages zero-knowledge rollup (zk-rollup) technology to enhance scalability and maintain full compatibility with the Ethereum Virtual Machine (EVM) thereby providing a seamless and secure environment for decentralized applications (dApps).
1inch has integrated Linea to boost decentralized finance (DeFi) trading because Linea represents the zkEVM Layer 2 network developed by ConsenSys. The integrated system provides enhanced liquidity alongside lower costs and speedier execution abilities for users.
The zk-rollup technology of Linea enhances scalability by using zero-knowledge rollup protocols and keeps full EVM compatibility. Users get access to transactions that function similarly to web applications with secure and quick processing at reduced costs through this design framework. Users can build decentralized applications (dApps) through a strong developer environment which maintains security features alongside decentralization on their platform.
1inch users can now access a broader range of liquidity sources across multiple decentralized exchanges (DEXs) on the Linea network. This expansion will facilitate better swap rates and advanced trading tools
This integration provides access to 1inch’s advanced trading tools which includes its “Advanced Mode” for linea users. This feature allows swaps without the need for native tokens to pay gas fees. This feature is particularly useful in an environment where efficiency and protection against frontrunning are essential.
