Crypto:
29757
Bitcoin:
$67.069
% 0.34
BTC Dominance:
%54.3
% 0.12
Market Cap:
$2.43 T
% 0.29
Fear & Greed:
73 / 100
Bitcoin:
$ 67.069
BTC Dominance:
% 54.3
Market Cap:
$2.43 T

1inch is Integrating to Base Network

1inch is Integrating decentralized rollup protocol and limit orders on the Ethereum Layer 2 network Base. The protocol will pull liquidity from some decentralized exchanges like Uniswap, Balancer, SushiSwap, and BaseSwap because of optimizing swap ratios.

Then limit order protocol allows every user can trade at any price that they want. 1inch Co-founder Sergej Kunz said that about Base Network:

Base is hopeful Layer 2 solution, it incubated by Coinbase.

1inch was a leader among other DEXes realizing a volume of just 1 billion. Right now, the protocol is integrated into zkSync, Arbitrum, and Optimism. Besides it supports some other blockchains like Ethereum, BNB Chain, and Avalanche. 

1inch on the Base Network

Base is released on 9 August as officially. And it reached more than 100,000 daily users count. Nowadays, Coca-Cola it been partnered with Base Network, and it emits its own NFTs there. The event increased Base’s popularity.

You might want to interest: What is Base Network?

Base Network passed Optimistic Rollups Optimism and Arbitrum. On 23 August Base reached 813.000 transactions compared with 646.000 on Arbitrum and 469.000 on Optimisim.

Last week, Compound was joined by Uniswap and Sushiswap which have joined Base. Yesterday USDC minter Circle said that USDC will released on the Base network. Then, it will coincide with its deployment on 6 new blockchain networks.

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