1inch has been focusing on enhancing its cross-chain capabilities, enabling users to swap assets across multiple blockchain networks. This interoperability is a key development in the DeFi space, addressing the issue of fragmented liquidity.
The 1inch DEX aggregator has established itself as a major player within the DeFi ecosystem. Its platform aims to provide users with the best possible swap rates by aggregating liquidity from various DEXs.
While initially focused on Ethereum, 1inch's expansion now includes Bitcoin, either directly or through wrapped versions. This integration allows Bitcoin holders to participate in DeFi activities on other chains.