1inch Introduces Shared Liquidity Layer Aqua with Risk-Controlled Alternative
1inch has launched Aqua to the public, introducing a shared liquidity layer for DeFi that is designed to provide a risk-controlled alternative to traditional pool-based models.
Aqua allows users to access multiple positions from the same wallet balance without locking assets in liquidity pools, making it more capital-efficient than traditional methods.
The 1inch Network Incentives program has also been launched alongside Aqua, which is designed to accelerate liquidity growth and swap activity across supported pairs. This program is led by Degensoft Ltd (BVI) and delivered through Merkl, with a total of 10 million 1INCH tokens committed as provider rewards.
According to 1inch, the current pool-based system is a major limiting factor on DeFi's ability to scale and bring TradFi capital on chain. The company estimates that around $542 million worth of liquidity sits fully out of range in an average week, resulting in an estimated $150 million in fees foregone per year.