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1inch opens Aqua shared liquidity layer to users on 13 EVM chains
The protocol went live Tuesday across 13 EVM chains, including Ethereum and Arbitrum, and uses wallet-approved balances with tokens pulled only when a swap matches a position.
1inch has opened Aqua, its shared DeFi liquidity layer, to all users across 13 EVM chains, eight months after releasing it for developers only, according to Decrypt. The front end was initially slated for the first quarter.
Aqua is designed as a registry rather than a traditional pool. Providers approve a token balance and create positions, and tokens are never deposited into a contract, with the protocol pulling tokens and returning proceeds and fees atomically only when a swap fills.
Decrypt reports that 1inch executes each Aqua swap through a verified counterparty, which the company defines as a market maker or arbitrage bot verified on-chain at swap time. The approach is positioned by 1inch as a first risk-controlled liquidity venue, and part of a shift toward “risk-controlled and regulated DeFi.”
For launch incentives, Decrypt says the 1inch Foundation committed 10 million 1INCH in provider rewards, with an additional 500,000 USDC from the 1inch DAO distributed through Merkl. The product has undergone eight independent audits, and 1inch also cautions that it is built for experienced users, with fees not guaranteed and providers exposed to market and smart contract risk.