Decentralized exchange (DEX) 1inch revealed a new feature that allows users to swap their digital assets cross-chain while retaining self-custody of the assets.
The “Fusion+” feature combines both onchain and offchain liquidity to deliver swaps. The DEX claims the feature has built-in protection against maximal extractable value (MEV) attacks.
The feature is powered by atomic swap technology, which, according to 1inch, is designed to support “all-or-nothing” transactions. If a swap fails, all the funds are returned to the sender.
The swaps are also governed by smart contracts, verifying all the swap conditions. This means the transfers are trustless and do not need third-party approvals.
This is a developing story, and further information will be added as it becomes available.