The multi-chain liquidity protocol Symbiosis has integrated the 1-inch DEX aggregator to facilitate arbitrary asset swaps between EVM-compatible networks.
The Symbiosis protocol manages stablecoin liquidity pools and routes the transaction through existing DEXes. Therefore, the partnership is essential to enable the best prices for the end users, since the 1 inch router works on both sides: the source chain side and the destination chain side.
The best price for token exchange. 1 inch is the best solution, especially with large quantities you can see a clear difference. super excited!
Will, co-founder of Symbiosis
“We are pleased that the Symbiosis team has selected 1inch as the main swap engine for their multi-chain liquidity protocol.”
Sergej Kunz, co-founder of 1inch Network.
Previously, the team used a proprietary routing protocol, and a transition to 1″ is proving to be a great addition amidst the first non-EVM Terra the team plans to launch in May: Near and Solana, which are coming soon come out according to.
Symbiosis launched beta mainnet in March. Aside from diving into non-EVMs, the team behind the protocol is monitoring great potential in various L2s, with Boba being the first to be recently integrated.
About symbiosis
Symbiosis is a multi-chain decentralized liquidity protocol that allows users to perform any crypto token swaps across multiple blockchains with a single click.
Currently, the protocol supports five networks, including Boba, BNB Chain (formerly BSC), Ethereum, Polygon, and Avalanche, with plans to add more networks in the near future. Their main goals are to solve the twin problems of interoperability and to provide a user-friendly experience.
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