1inch expands to Coinbase’s layer-2 network, Base

1inch has finished integrating with Base, Coinbase’s newly-launched layer-2 Ethereum scaling solution.
Dot
March 8, 2024
Ayush Pande

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

TABLE OF CONTENTS
Sergej Kunz; Photo Source: 1inch Network (Youtube)
In the words of Sergej Kunz, the co-founder of 1inch Network, “Base is a very promising L2 solution, plus it’s incubated by such a major player as Coinbase. In addition, we totally share Base’s philosophy aimed at bringing the next billion users to blockchain.”

Decentralized exchange 1inch (1INCH) has finished integrating with Base, Coinbase’s newly-launched layer-2 Ethereum (ETH) scaling solution.

According to 1inch’s blog post, the exchange has deployed the 1inch Aggregation Protocol to Base to provide more liquidity by extracting price data from multiple exchanges. The protocol can split transactions across a large number of DEXs to offer better buying and selling prices to users.

1inch has also released its Limit Order Protocol on Base. This smart contract offers loss-aversion facilities by allowing users to set stop-loss and trailing stop orders.



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Coinbase deployed Base for general users on August 9, with the platform’s daily users exceeding the 100,000 figure as of writing. Since its release, Coinbase’s L2 network has grown tremendously in popularity and has even surpassed rival layer two protocols Arbitrum (ARB), Starknet (STRK), and Optimism (OP) in terms of weekly transactions per second. Base also has over 140 dApp and DEX integrations, including popular DEXes Uniswap (UNI) and SushiSwap (SUSHI).

Written by
Author's profile picture

Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

Connect with Ayush on LinkedIn

1inch expands to Coinbase’s layer-2 network, Base

HomeCrypto exchanges
Contents
Sergej Kunz; Photo Source: 1inch Network (Youtube)
In the words of Sergej Kunz, the co-founder of 1inch Network, “Base is a very promising L2 solution, plus it’s incubated by such a major player as Coinbase. In addition, we totally share Base’s philosophy aimed at bringing the next billion users to blockchain.”

Decentralized exchange 1inch (1INCH) has finished integrating with Base, Coinbase’s newly-launched layer-2 Ethereum (ETH) scaling solution.

According to 1inch’s blog post, the exchange has deployed the 1inch Aggregation Protocol to Base to provide more liquidity by extracting price data from multiple exchanges. The protocol can split transactions across a large number of DEXs to offer better buying and selling prices to users.

1inch has also released its Limit Order Protocol on Base. This smart contract offers loss-aversion facilities by allowing users to set stop-loss and trailing stop orders.



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


Coinbase deployed Base for general users on August 9, with the platform’s daily users exceeding the 100,000 figure as of writing. Since its release, Coinbase’s L2 network has grown tremendously in popularity and has even surpassed rival layer two protocols Arbitrum (ARB), Starknet (STRK), and Optimism (OP) in terms of weekly transactions per second. Base also has over 140 dApp and DEX integrations, including popular DEXes Uniswap (UNI) and SushiSwap (SUSHI).

Written by
Author's profile picture

Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

Connect with Ayush on LinkedIn
Ayush Pande

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

In the words of Sergej Kunz, the co-founder of 1inch Network, “Base is a very promising L2 solution, plus it’s incubated by such a major player as Coinbase. In addition, we totally share Base’s philosophy aimed at bringing the next billion users to blockchain.”

Decentralized exchange 1inch (1INCH) has finished integrating with Base, Coinbase’s newly-launched layer-2 Ethereum (ETH) scaling solution.

According to 1inch’s blog post, the exchange has deployed the 1inch Aggregation Protocol to Base to provide more liquidity by extracting price data from multiple exchanges. The protocol can split transactions across a large number of DEXs to offer better buying and selling prices to users.

1inch has also released its Limit Order Protocol on Base. This smart contract offers loss-aversion facilities by allowing users to set stop-loss and trailing stop orders.



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


Coinbase deployed Base for general users on August 9, with the platform’s daily users exceeding the 100,000 figure as of writing. Since its release, Coinbase’s L2 network has grown tremendously in popularity and has even surpassed rival layer two protocols Arbitrum (ARB), Starknet (STRK), and Optimism (OP) in terms of weekly transactions per second. Base also has over 140 dApp and DEX integrations, including popular DEXes Uniswap (UNI) and SushiSwap (SUSHI).

Written by
Author's profile picture

Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

Connect with Ayush on LinkedIn
Written by
Ayush Pande