Aqua Protocol Unveiled: 1inch Revolutionizes Decentralized Finance
1inch has expanded its decentralized finance (DeFi) ecosystem by launching Aqua Protocol, a groundbreaking solution that enables liquidity providers to utilize their assets across multiple DeFi markets.
The protocol functions as a registry, allowing providers to approve token balances held in their own wallets and make them available for trading. This approach improves capital efficiency through atomic settlement, eliminating the need to lock funds into dedicated liquidity pools.
Aqua is now publicly available on 13 Ethereum Virtual Machine (EVM) chains, including Ethereum, Arbitrum, Base, BNB Chain, and Robinhood Chain. The protocol has undergone eight independent security audits and will be accompanied by launch incentives and further security measures.