1inch integrates ZKsync’s zk-rollup tech; to make cross-chain swaps more faster and secure
1inch, the decentralised exchange (DEX) aggregator, announced on Thursday its integration with zkSync, the Ethereum layer-2 scaling solution that uses ZK-Roll up technology.In a bid to make more faster and secure cross-chain transactions, 1inch will enable its users to make frequent or smaller trades with much lower gas fees using zkSync’s Ethereum Layer-1 network. While giving full ownership of the assets, 1inch enables the completion of cross-chain transactions in only few clicks. Sergej Kunz, co-founder of 1inch, further shared his insights on the integration with Coingape, saying, “By deploying 1inch fusion+ on Zksync era, users can gain access to secure, cost-effective, and bridgeless cross-chain swaps. ZKsync Era’s zero-knowledge rollups offer higher throughput (can process thousands of transactions per second) and stronger security guarantees on Ethereum L1, all while maintaining lower transaction costs, thus, offering users benefits of cutting-edge scalability, better liquidity, and a robust security model.” How zkSync can enable faster and multiple cross-chain swaps in one go Using its zero-knowledge rollups (zk-rollups) on Ethereum layer 2, zksync’s integration is set to provide low-cost and secure cross-chain transactions for 1inch’s growing user base. The zkSync ecosystem integrated with 1inch, wiill provide users with best possible prices for token swaps, enabling higher returns for them. Without central intermediaries, users will be able to move funds seamlessly now between Ethereum and zksync. Most significantly, after collaboration with 1inch’s Fusion+ technology, zkSync era will allow users to make multiple transactions with a single proof using zero-knowledge rollups (ZK-Rollups) of zkSync. The transactions are set to be faster, transparent, and private with zksyn saving time in settlements and cutting costs – reducing Ethereum gas costs by up to 100x. Furthermore, zkSync uses cryptographic proofs (SNARKs and STRAKs) to verify transactions before executing them due to which the risks related to layer 2 failures will also be minimised. Furthermore, as its 2025 roadmap, zkSync is working towards enabling 10,000 transactions per second, thus, promising growth for its users. 📢 1inch now supports @zksync for cross-chain swaps! One of the most efficient and secure Layer 2 networks, it’s already available in your #1inchWallet and dApp. That means you’ve got more options for seamless, gas-free and secure swaps. Find out more👇https://t.co/2tHPalOeqG pic.twitter.com/DMK9aUxERJ — 1inch (@1inch) February 6, 2025 1inch – to become the go-to DEX aggregator? 1inch, with its beta launch in last September, has been witnessing an accelerating user base with its multi-chain blockchain networks available on Ethereum, Binance Smart Chain, Polygon Avalanche, Arbitrum, Optimism, Fantom (FTM) and Gnosis Chain. Introducing more flexibility in trading between different networks, 1inch’s Fusion+ tech outweighs conventional bridging as it outsources network fees to resolvers. By scanning multiple DEXs such as Uniswap, Curve Balancer Sushiswap, it helps users to find the best trade prices to swap their tokens at – providing liquidity from multiple sources. And now, the integration with zksync – which has been adopted by leading DeFi applications such as Uniswap and Ave – 1inch is all good to go to offer secure and quicker settlements for its cross-chain transactions. Crossing over $544B+ in trading volumes with successful execution of 115M+ trades, 1inch can led the development of a compliant ecosystem of DeFi cross-chain swaps. Disclaimer: The content may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.