Key facts
- 1inch has launched its shared DeFi liquidity layer, Aqua.
- Aqua is now available across 13 EVM chains.
- The protocol allows liquidity providers to authorize strategies against one wallet inventory.
- Assets remain in the wallet until a trade settles.
- Aqua enables risk-controlled swaps.
- The protocol facilitates swaps with verified counterparties.
Decentralized exchange aggregator 1inch has officially launched its shared decentralized finance (DeFi) liquidity layer, named Aqua, across 13 EVM-compatible chains. This significant development aims to enhance the efficiency and security of liquidity provision within the DeFi ecosystem.
The Aqua protocol introduces a novel approach where liquidity providers can authorize various strategies against a unified wallet inventory. A key feature of Aqua is that assets remain within the liquidity provider's wallet until a trade is fully settled. This mechanism ensures that funds are not exposed prematurely, thereby enabling risk-controlled swaps.
Furthermore, Aqua facilitates swaps with verified counterparties. This verification process adds a layer of security, mitigating risks associated with unknown or malicious actors in the decentralized trading environment. By consolidating liquidity management and ensuring counterparty verification, 1inch's Aqua layer seeks to provide a more robust and trustworthy platform for DeFi participants.
The launch across 13 EVM chains signifies a broad expansion of 1inch's infrastructure, aiming to create a more interconnected and liquid DeFi landscape. This move is expected to benefit both liquidity providers seeking better risk management and traders looking for more efficient and secure swap execution.