馃敟 $19B Liquidation Tests DeFi Infrastructure - 1inch Processes $1.23B Seamlessly
馃敟 $19B Liquidation Tests DeFi Infrastructure - 1inch Processes $1.23B Seamlessly
馃挜 $19B Liquidation Chaos
Market stress test passed with flying colors
A massive $19 billion liquidation hit crypto markets, putting DeFi infrastructure through its biggest test. The result? Everything kept running smoothly.
1inch delivers under pressure:
- Processed $1.23B in swap volume within 24 hours
- Zero downtime during market chaos
- Seamless operations maintained around the clock
Key takeaway: While traditional markets might buckle under such pressure, decentralized finance proved its resilience. The infrastructure held strong when it mattered most.
This stress test demonstrates why DeFi remains the future of finance - built to withstand extreme market conditions without missing a beat.
When $19B is liquidated on the market, infrastructure is tested. Yet everything still works. Crypto endures, and DeFi remains the future. 1inch seamlessly processed $1.23B in swap volume in 24 hours. Day and night, we are ready.
馃攧 1inch Wallet Redesign
1inch has launched a redesigned mobile wallet app with enhanced user experience features. **Key improvements include:** - Better swap rates and easier trading interface - Improved activity tracking dashboard - Transaction templates to save time - Streamlined mobile-first design The update focuses on making crypto management more accessible from mobile devices. Users can now handle swaps, track portfolio activity, and execute transactions more efficiently. The wallet maintains 1inch's focus on finding optimal rates across decentralized exchanges while improving the overall user interface. [Download the updated wallet](http://1inch.com/wallet)
1inch Co-founder Predicts CEXes Will Become DeFi Frontends
At Token2049, 1inch co-founder **Sergej Kunz** outlined his vision for crypto's next phase: centralized exchanges will transform into **frontends for DeFi** as the industry moves fully on-chain. **Key developments:** - The boundary between DeFi and traditional finance is dissolving - 1inch's non-custodial technology already powers swaps for major platforms - Current integrations include Binance, Coinbase, Ledger, MetaMask, and Trust Wallet **Why this matters:** Major exchanges recognize they cannot afford to miss the decentralized shift. 1inch's infrastructure is positioning itself as the backbone technology enabling this transition across the entire financial industry. Read Kunz's complete analysis: [blog.1inch.com/sergej-kunz-on-cexes](https://blog.1inch.com/sergej-kunz-on-cexes/)
1inch Expands Integration Options with Unichain and Bug Bounty Programs
1inch Network announces multiple initiatives to strengthen DeFi development: - New integration with Unichain offering seamless cross-chain swaps and 1-second blocks via optimistic rollups - Launch of Unite DeFi hackathon with ETHGlobal offering $525,000 in prizes - Bug bounty program with HackenProof featuring rewards up to $500,000 across 5 tracks - Developer Portal updates supporting new chain integrations Integration tools and documentation available at [1inch Developer Portal](http://portal.1inch.dev) Developers can participate in both the hackathon and bug bounty programs to help shape the future of DeFi.
1inch Launches Bug Bounty Program with Rewards up to $500k
1inch has announced a comprehensive bug bounty program offering rewards up to $500,000 for identifying critical vulnerabilities. The program covers 5 key tracks: - Smart contract security - Infrastructure vulnerabilities - Protocol integrity - User fund protection - System architecture Security researchers can participate by finding and reporting bugs through official channels. The reward structure is tiered based on vulnerability severity: - Critical: Up to $500,000 - High: Up to $50,000 - Medium: Up to $5,000 - Low: Up to $1,000 Learn more at [1inch Bug Bounty Program](https://blog.1inch.io/1inch-bug-bounty-programs/)