1inch, a leading decentralized exchange aggregator, has launched a groundbreaking feature that enables direct cross-chain swaps between Solana and EVM-compatible chains without relying on traditional bridges, significantly improving efficiency and security.

This new functionality is supported by the Fusion API, which allows developers to embed secure, decentralized cross-chain swaps into their applications, with plans to extend support to other blockchains outside the EVM ecosystem.

Founder Sergej Kunz envisions a future within two to three years where protocols become chain-agnostic, eliminating the need for asset movement across chains thanks to enhanced interoperability.

This innovation addresses longstanding vulnerabilities associated with bridge exploits, which have caused over $300 million in losses, by removing intermediaries and wrapped tokens from the process.

The development aims to mitigate security risks linked to bridge hacks, making cross-chain transactions safer and more reliable.

The platform's approach fosters a multichain DeFi ecosystem where blockchain-specific barriers are minimized, prioritizing user security and optimal trading rates.

The new feature incorporates Miner Extractable Value (MEV) protection, preventing front-running and ensuring fair trade execution.

Despite processing approximately $13.9 billion in 30-day trading volume, 1inch’s native token, 1INCH, has plummeted 96% from its all-time high of $7.45 to around $0.24, though the company remains optimistic about the future of multichain DeFi.

Fusion+ introduces intent-based orders that specify desired outcomes rather than specific paths, with resolvers competing via Dutch auctions to improve execution quality and reduce slippage in volatile markets.

Cross-chain swaps are secured through cryptographic escrow contracts, with transactions signed directly by asset owners and executed by resolvers competing for the best rates, reducing manipulation risks.

The protocol employs advanced cryptography, including zero-knowledge proofs and atomic swap logic, to ensure secure, trustless transactions where neither party risks loss if a swap fails.

1inch’s advanced routing and execution mechanisms streamline cross-chain transactions, enhancing security by minimizing exposure to vulnerabilities in traditional bridges.

This development signifies a major step toward frictionless, secure cross-chain DeFi operations, aligning with the core principles of decentralized finance.

The new cross-chain swap feature emphasizes user safety by bypassing third-party bridges and messaging protocols, reducing risks from MEV attacks and vulnerabilities.