1inch Unveils Aqua: A Risk-Controlled Shared Liquidity Layer for DeFi
1inch has launched Aqua to the public, marking a significant milestone in the decentralized finance (DeFi) ecosystem. This new shared liquidity layer offers a risk-controlled alternative to DeFi's traditional pool-based model.
Aqua allows users to create positions across 13 EVM chains, including Ethereum and BNB Chain, without locking assets in liquidity pools. The platform uses a registry system where a user connects their wallet to approve a token balance and create liquidity positions that can access that balance.
The 1inch Foundation has committed $10 million in provider rewards through the Network Incentives program, led by Degensoft Ltd (BVI) and delivered through Merkl. This initiative aims to accelerate liquidity growth and swap activity across supported pairs.