1inch cross-chain DEX aggregator has been launched on the Solana network, supporting more than 1 million Solana-based tokens for secure transactions. The platform utilizes its open source smart contracts and intent-driven trading architecture, allowing users to define trading parameters and attract professional market makers to execute orders through the Dutch auction mechanism to reduce price volatility and optimize transaction prices. Solana's current decentralized financial activity surpassed other blockchain networks in the first quarter. 1inch plans to achieve cross-chain transactions in the next few months, expanding Solana's liquidity to the wider DeFi market.
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