Coinbase integrates 1inch API to improve token swaps
Coinbase has enhanced its app with the 1inch API, which finds the best token swap rates across the DeFi market.
The U.S. crypto exchange, Coinbase, announced a partnership with decentralized liquidity aggregator 1inch, integrating its API for token swaps directly into its mobile app.
Now, Coinbase users will gain access to the best available swap prices, as the 1inch API aggregates liquidity from dozens of DEXs, including Uniswap, Curve, Balancer, and others. This ensures that exchange rates and fees are automatically optimized.
According to Coinbase representatives, the move is aimed at expanding DeFi functionality within the app and simplifying token management for retail clients. For 1inch, this collaboration marks its largest U.S. integration and an opportunity to reach millions of Coinbase users.
The integration will roll out globally in the coming weeks. Token swaps will take place on Ethereum and compatible L2 networks. Users will be able to swap assets without needing to access separate DeFi applications.
1inch is known as one of the largest liquidity aggregators on the market: according to DeFiLlama, its cumulative trading volume has exceeded $430 billion since launch. Coinbase, meanwhile, remains one of the primary gateways for both institutional and retail crypto investors.
Read also: 1inch project review
Thus, the Coinbase–1inch partnership strengthens both companies: Coinbase expands its services for clients, while 1inch cements its position in the CeFi–DeFi ecosystem as a key liquidity provider.
According to Coinbase representatives, the move is aimed at expanding DeFi functionality within the app and simplifying token management for retail clients. For 1inch, this collaboration marks its largest U.S. integration and an opportunity to reach millions of Coinbase users.
The integration will roll out globally in the coming weeks. Token swaps will take place on Ethereum and compatible L2 networks. Users will be able to swap assets without needing to access separate DeFi applications.
1inch is known as one of the largest liquidity aggregators on the market: according to DeFiLlama, its cumulative trading volume has exceeded $430 billion since launch. Coinbase, meanwhile, remains one of the primary gateways for both institutional and retail crypto investors.
Read also: 1inch project review
The deal highlights Coinbase’s strategy of integrating DeFi tools into its platform. The company previously added support for staking and NFTs, and is now focusing on making token swaps more efficient and user-friendly.
Thus, the Coinbase–1inch partnership strengthens both companies: Coinbase expands its services for clients, while 1inch cements its position in the CeFi–DeFi ecosystem as a key liquidity provider.
