1inch Launches New “Pathfinder” Algorithm to Improve Swap Transaction Rates

PANews reported on June 11 that according to The Block, 1inch Labs announced that it has reduced transaction delays by upgrading the price route discovery algorithm called Pathfinder. The tool can provide users and integrators with better Swap transaction rates of up to 6.5%. The team said that the new algorithm can find efficient transaction paths faster, making classic exchange operations more efficient and profitable. In addition, by integrating exchange steps and maximizing the use of centralized liquidity, the new algorithm also improves Gas cost efficiency. It is reported that the Pathfinder development cycle is about six months. It will first be launched on the 1inch chain that supports the Ethereum virtual machine, and may be expanded to the Solana chain in the future. The 1inch protocol has been deployed on this chain.

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