The 1inch Router v4 is rolled out
Thanks to the improvements, users will be able to make swaps with the 1inch Router v4 5.4% cheaper on average than the same swaps made directly on DEXes, such as Uniswap.
The 1inch Network has rolled out version 4 of its router, which contains several major improvements.
In version 4, separate routers have been added for Uniswap v3, Clipper and the RFQ feature of the 1inch Limit Order Protocol.
As a result, if a user, for instance, makes a swap that involves only Uniswap v3, it will be cheaper than the same swap made directly on Uniswap or anywhere else, due to significantly lower gas costs!
The same applies to RFQ swaps via the 1inch Limit Order Protocol and Clipper.
For instance, a WETH/USDT swap using the RFQ feature of the 1inch Limit Order Protocol will be 23% cheaper than using another DEX aggregator, and an ETH/USDT swap almost 20% cheaper.
On average, RFQ swaps with the 1inch Router v4 via the 1inch Limit Order Protocol will be 20.8% cheaper than the same swaps via othe DEX aggregators. Overall, swaps with the 1inch Router v4 are on average 5.4% cheaper than the same swaps made directly on DEXes, such as Uniswap.
Another improvement, which will have a positive impact on user experience, is support for Dai-standard permits. Now, permits — which allow users to make swaps without a separate transaction approval — will be available for swaps involving Dai and a few other tokens.
Overall, the 1inch Router v4’s permits will support nine more tokens on Ethereum, another nine coins on Binance Smart Chain (BSC) and one token on Polygon.
The 1inch Network constantly improves and upgrades its products and solutions. Stay tuned for more updates!
Recent Posts
Quantum computing: should DeFi be worried?
Growing concerns around quantum breakthroughs are starting to reshape conversations across DeFi.
How to swap tokens across chains on 1inch
1inch simplified moving tokens across chains through its cross-chain swap functionality. Instead of manually bridging and swapping assets yourself, you define the tokens and chains you want to move between, while the protocol handles routing and execution behind the scenes.
How AI agents execute on-chain trades: from intent to execution
AI agents are turning DeFi trading into a one-step process: define your goal and let the system handle the rest. Here’s how they move from intent to on-chain execution.