As per the information shared with Finbold on June 19, 1inch, the leading decentralized finance (DeFi) aggregator, announced its integration with the high-speed Sonic network from Sonic Labs. The integration enables users to access seamless token swaps with competitive rates on Sonic while facilitating effortless cross-chain trading between Sonic and other supported Ethereum Virtual Machine (EVM) chains.
The Sonic network becomes natively supported within the 1inch Wallet starting today, with full tracking capabilities available through Portfolio. This allows users to store, swap, and monitor their assets with enhanced ease across the platform.
Comprehensive Platform Integration
The integration extends Sonic liquidity into Pathfinder, 1inch’s intelligent routing algorithm. Users trading through the 1inch interface or accessing the platform via the Developer Portal API will benefit from optimized rates on every transaction.
All swaps conducted on Sonic are protected by 1inch’s built-in MEV safeguards, ensuring trades are executed quickly, fairly, and securely.
The integration addresses multiple user segments within the DeFi ecosystem. Active traders gain access to faster transaction fills and tighter spreads, while developers can utilize Sonic through 1inch Developer Portal APIs, including Swap, Balance, Spot price, and History functions.
First-time DeFi users benefit from reduced fees, creating an accessible entry point into decentralized finance. For existing 1inch Wallet users, Sonic functionality is immediately available without additional setup requirements.
“With this integration, users receive our gasless, industry-leading swap rates on Sonic and can securely trade to and from the chain, no bridges required. This is another step toward our mission of unifying the DeFi ecosystem, while also reinforcing why we remain the number one DEX aggregator,” said Sergej Kunz, Co-Founder of 1inch.
Michael Kong, CEO of Sonic Labs, commented on the partnership:
“1inch integrating with Sonic is a powerful validation of what we’re building. A lightning-fast, builder-friendly chain designed to make DeFi simple and scalable. By combining Sonic’s performance with 1inch’s world-class aggregation, we’re unlocking a seamless experience for users and empowering developers with deeper liquidity and better tools. It’s another step toward a more unified, accessible financial future.”
The integration provides immediate access to multiple protocols on Sonic, including wS, Beets, Beets V3, WAGMI, stS, Shadow Exchange, Curve Stable NG, WOOFi V2, SwapX V2, Solidly V3, Uniswap V3, SpookySwap V2, SpookySwap V3, and Equalizer V2.
Featured image via Shutterstock.
Read the full article here
