The popular decentralized exchange 1inch announced that the second version of its limit order protocol is now live. One of the most prominent features that the project outlined is allowing users to gaslessly place limit orders to swap into ETH dozens of tokens that support permits.
1inch V2 Limit Order Protocol Goes Live
The project highlighted the launch in a press release shared with CryptoPotato. The document informed that ever since the launch of the v1 of the limit order protocol in June this year, it has attracted over 20,000 users who executed nearly 60,000 trades. The total value is just shy of $3 billion.
With the anticipation building for the second version, 1inch said it has worked on optimizing the trading features, including perhaps the most crucial issue in the DeFi world now – gas efficiency.
The release of V2 comes with a refactored, optimized, and simplified code, allowing different types of orders to be moved to separate files. According to the DEX, this has improve
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