Sitemap
YouTube User

YouTube User

How to perform fusion swaps on 1inch?

2 min readJan 15, 2024

Let’s start with 1inch:
1inch Network dApp is a crypto asset from the DeFi category built on the Binance Smart Chain protocol. Now it’s ranked as #123 in general dApp rankings according to the user count, and #61 in the DeFi category, which gives you a good idea of how 1inch Network dApp performs among its competitors.

What is fusion mode?

Fusion mode — is the default mode for users. It doesn’t require any gas fees for the user to execute a swap (outside of “fast” mode), as the “taker” aka resolver pays for all related transaction costs. Each order is filled within a specific price range starting from high to low (dutch auction), designed to incentivize resolvers to take orders. This revolutionizes the execution of swaps on decentralized exchanges. Fusion mode also provides native front-running protection, as the resolvers who fill order bundle transactions before sending them to the mempool. The RPC in your wallet does not determine the RPC the fusion transaction will be sent through.

How to use it?

First of all, connect your wallet by pressing the “ connect wallet” button in the top-right corner and choose the chain you would like to use.

Get YouTube User’s stories in your inbox

Join Medium for free to get updates from this writer.

Press enter or click to view image in full size

After that, choose the chain and wallet you would like to use, for example Metamask.

Press enter or click to view image in full size

Secondly, select the tokens you want to operate. For example, let’s swap some matic:

Press enter or click to view image in full size

As we see, fusion mode is activated and all we need to do is permit to swap tokens.

The 1icnh fusion mode provides you with lower fees on operations, making it more comfortable for users.

--

--