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News brief

1inch Launches Aqua Shared Liquidity Layer Across 13 Chains

The new layer allows users to utilize a single wallet balance for multiple positions simultaneously.

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1inch has launched its shared liquidity layer, Aqua, which is now accessible to all users across 13 different blockchain networks, as reported by Decrypt. This development aims to streamline how users manage their digital assets within the 1inch ecosystem.

The Aqua layer is designed to enable a single wallet balance to support several open positions concurrently. This functionality could simplify asset management for users engaging with various decentralized finance (DeFi) protocols and applications on the supported chains.

By centralizing liquidity management, Aqua seeks to improve efficiency for users who frequently interact with multiple trading or lending platforms. The layer's availability across 13 chains suggests a broad reach within the decentralized finance landscape.

Original reporting

This brief condenses the reporting linked above and adds analysis based on NomadCard's live fee dataset. It is not financial advice. Corrections: if you spot an error, reach us via the contact page.