Catenaa, Tuesday, June 17, 2025- 1inch Labs, a leading decentralized exchange aggregator, announced last Tuesday the launch of its new “Pathfinder” algorithm, which the company claims will reduce latency and offer users up to 6.5% better cryptocurrency swap rates.
The new algorithm aims to find more efficient trading paths and process them faster, making digital asset swaps more efficient and profitable for users and integrators.
The company stated that Pathfinder consolidates certain swap steps and maximizes the use of concentrated liquidity, leading to better gas cost efficiency.
According to 1inch Labs, Pathfinder has been under development for approximately six months. It will initially be introduced on 1inch’s Ethereum Virtual Machine-compatible chains, with potential expansion to Solana, where the protocol recently launched.
1inch holds a significant position in the decentralized exchange aggregation market, accounting for approximately 60% of the market share in May, according to The Block Research.
The platform, designed to minimize slippage and maximize liquidity, handles around $1 billion in daily trading activity.
Following the announcement, the 1inch token saw a nearly 7% increase in value, trading at $0.22, according to The Block’s price data.
