He announced that Coinbase will integrate into Base, the Ethereum Layer-2 network, in 1 inch.
Base, Coinbase’s newly launched Layer-2 network, continues to garner interest. 1inch is integrated into Base, which leaves many platforms behind on a daily basis.
1inch announced that it will integrate into Base
1inch Network integrates with Base, the Ethereum Layer-2 scaling solution developed by Coinbase. Through this integration, the 1inch Network will aggregate liquidity from decentralized exchanges.
1inch Network has launched the decentralized exchange aggregation protocol and limit orders on the Ethereum Layer-2 network Base. This protocol will draw liquidity from decentralized exchanges such as Uniswap, Balancer, SushiSwap and Base Swap to help users optimize their swap rates. In addition, the limit order protocol will allow Base users to trade at any price, and the trade will only be executed when the market price matches the set value.
Sergej Kunz, co-founder of 1inch Network, said, “Base is a very promising Layer-2 solution and is backed by Coinbase, which is also a big player.” made a statement.
1inch Network is a leader in the DEX aggregation industry, with over $1 billion in trading volume in the past week. The protocol is also integrated into Optimism, Arbitrum and zkSync Era Layer 2 networks and supports different blockchains such as Ethereum, BNB Chain and Avalanche.
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