Cross-Chain Swaps Now Possible Between Solana and 12 EVM Networks via 1inch
Solana received a major upgrade with new cross-chain swapping capabilities thanks to DEX aggregator 1inch. As of August 19, users can exchange Solana assets with tokens on 12 Ethereum Virtual Machine (EVM) compatible networks.
This integration offers a significant enhancement over traditional cross-chain bridges. Users retain full control of their assets throughout the swapping process, enhancing security. 1inch leverages Fusion+ intents for favorable swap rates, using Dutch auctions to resolve these intents-based orders.
The swaps also protect against Maximum Extractable value (MEV) risks like front-running and sandwich attacks. by 2025, users had already lost nearly $2.8 billion due to cross-chain bridge hacks. Such bridgeless swaps provide a safer alternative.
This new feature enables 1inch to infiltrate Solana’s ecosystem, possibly challenging Jupiter DEX aggregator’s leading position. While 1inch currently has $13.892 billion in monthly volume compared to Jupiter’s $26.02 billion, it aims to capture more of Solana’s DEX trading share.
DEX aggregators enhance liquidity by distributing trades across numerous decentralized exchanges, minimizing slippage and optimizing prices. By supporting multiple chains,1inch may narrow the gap with Jupiter.
