Decentralized finance (DeFi) platform, 1inch announced that it has become the first third-party swap provider to relaunch on the OKX Wallet. The 1inch Swap API will enable OKX Wallet users to access efficient, MEV-protected trades directly within the wallet interface.
In response to growing demand for DeFi swaps and leveraging its aggregation technology, OKX Wallet has broadened its services by reintegrating trusted third-party providers. 1inch, recognized for its leadership in DeFi infrastructure and swap solutions, was selected as the initial provider to support this upgraded trading experience.
The renewed focus on OKX Wallet demonstrates a commitment to expanding DeFi adoption and enhancing self-custody and on-chain functionality. The deeper integration with 1inch is designed to provide a more secure, efficient, and user-friendly trading environment, offering features such as zero gas fee swaps, MEV protection, wallet address verification, and access to aggregated liquidity.
OKX Wallet delivers a secure and convenient platform for storing, managing, and trading a wide array of digital assets across multiple blockchain networks. It supports numerous cryptocurrencies and provides access to decentralized applications (dApps), combining usability with strong security measures.
“With the OKX Wallet, customers get the best of both worlds: the security and liquidity of a top exchange together with the freedom of self-custody and access to thousands of dApps,” said Jason Lau, Chief Innovation Officer at OKX, in a written statement. “We are excited to team up with 1inch to make exploring Web3 easier, safer, and more rewarding for everyone,” he added.
“The relaunch of 1inch on the OKX Web3 Wallet highlights the increasing convergence between DeFi and CeFi,” said Sergej Kunz, 1inch co-founder, in a written statement. “We’re proud to bring OKX users deep liquidity, MEV protection, and gasless swaps, combining security and efficiency for a seamless trading experience,” he added.
The 1inch Swap API enables atomic, intent-driven swaps using a Dutch auction-based mechanism that enhances trade execution while inherently protecting against front-running and sandwich attacks. All 1inch APIs, including the Swap API, are accessible for review and integration through the 1inch Developer Portal.
1inch provides a streamlined DeFi experience to over 25 million users. As a platform for low-cost, efficient token swaps, handling approximately $500 million in daily trading volume, 1inch also offers a variety of tools, including a secure self-custodial wallet, a portfolio tracker for digital asset management, a developer portal for building on its advanced infrastructure, and a debit card for simplified cryptocurrency spending. Through ongoing innovation, 1inch continues to make DeFi more accessible and user-friendly.
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