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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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1inch launches a new "Pathfinder" Algorithm to drop latency and improve Gas cost efficiency.
Gate News bot news, 1inch Labs announced that the upgraded price path discovery Algorithm Pathfinder has dropped latency, and this tool "provides users and integrators with up to 6.5% better swap rates."
The team wrote in the announcement: "The new Algorithm is able to find more efficient paths and execute faster, making traditional swap more efficient and more profitable. By integrating certain swap steps and maximizing the use of concentrated liquidity, the new Pathfinder offers higher Gas cost efficiency."
According to the team, the development of Pathfinder took about six months. The tool will initially be launched on EVM-compatible blockchains of 1inch, and may eventually expand to the Solana chain.
Source: The Block