- It is a decentralized spot order book exchange.
- The platform allows you to significantly reduce trading costs by optimizing slippage
- Partnership with 1inch will provide users of the aggregator with access to the most competitive prices for popular pairs in the Arbitrum pool
Last week, June 30, 1inch Network announced about partnership with DEX Lighter.xyz. The project team noted that the agreement will ensure the efficiency of the market and the determination of optimal prices based on the aggregator.
Note that Lighter.xyz uses a fully online order book to provide users with a transparent and secure trading environment. Thanks to the mediation of the site, traders get access to uninterrupted transactions with high profitability and low commissions.
In fact, the platform significantly reduces trading costs on popular pairs such as WETH and WBTC. In the Arbitrum 1inch pool, the share of Lighter orders is 30-50%, according to the aggregator team.
This indicates a high demand for DEX services. Cooperation will strengthen the relationship between 1inch and Lighter, as well as provide the best prices for popular trading pairs in the pool noted above.
“Active traders appreciate the benefits of using online order books, which are further enhanced when applied to highly liquid markets” — Lighter.xyz CEO Vladimir Novakovsky.
Recall that the 1inch Network team is our good friends. Here here, for example, you will find a complete guide to the platform from Incrypted. Recall that the representative of the project was present at the Incrypted Conference 2023. The 1inch team also recently attended the prestigious Money 20/20 conference.