Aqua Revolutionizes DeFi with Shared Liquidity Layer
1inch has launched its Aqua protocol to the public, introducing a shared liquidity layer for decentralized finance (DeFi) that allows users to provide liquidity without locking assets in traditional pools. This innovation is designed to improve capital efficiency and reduce risks associated with DeFi's pool-based model.
Aqua enables users to create positions across 13 Ethereum Virtual Machine (EVM) chains, including Ethereum, Arbitrum, Base, Robinhood Chain, and BNB Chain. Unlike the traditional model, where liquidity must be split across multiple pools and positions, Aqua allows a single balance to support multiple quotes at once.
The 1inch Foundation has committed 10 million 1INCH tokens in provider rewards, while the 1inch DAO has provided an additional $500,000 in USDC. This incentive program aims to accelerate liquidity growth and swap activity across supported pairs.