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1inch Unveils Fusion Upgrade: Zero Gas Fees and Enhanced Security

The 1inch Network introduces its Fusion upgrade, enabling gas-free trades and enhanced security features on Ethereum, Polygon, and BNB Chain.
Published on 2022-12-28

1inch Fusion Upgrade: A Game Changer

The 1inch Network has launched its latest upgrade, Fusion, marking a significant advancement in decentralized finance (DeFi). This upgrade allows users to execute trade orders without incurring gas fees and provides Maximum Extractable Value (MEV) protection, ensuring a secure trading environment. Initially, Fusion will be available on Ethereum, Polygon, and BNB Chain, with plans for further expansion.

Enhanced Trading Features

Fusion introduces a revamped swap engine that functions as a decentralized trading and match-making system, tapping into both centralized and decentralized liquidity pools. It offers three trading modes:

  • Fast: Executes trades quickly at a less favorable rate.
  • Fair: Provides a balance between time and rate.
  • Auction: Delivers the most favorable rate with a longer wait time.

These options give users flexibility in managing their trades according to their preferences.

Security and Cost Efficiency

The Fusion upgrade significantly enhances cost efficiency by eliminating network fees, thereby making swaps on 1inch more affordable. Additionally, it incorporates a robust layer of security against sandwich attacks, ensuring a safer user experience. The protection against MEV means that trading on platforms without such security measures becomes obsolete.

Impact on 1inch Network

Despite facing a substantial price decline of over 80% in the current year, the 1inch Network remains the largest decentralized exchange (DEX) aggregator by daily volume. The introduction of Fusion aims to improve the trading experience for its vast user base, potentially stabilizing its market position and fostering growth.

Conclusion

The launch of Fusion by the 1inch Network represents a pivotal development in the DeFi space. By offering gas-free transactions and enhanced security features, it sets a new standard for DEX aggregators. This upgrade underscores 1inch's commitment to delivering an exceptional user experience while safeguarding traders against potential vulnerabilities.

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