Pancakeswap decentralized Exchange (DEX) has launched cross -exchanges in one click using a protocol through the protocol, aimed at solving one of the most pressing user (UX) problems in decentralized finance (DEFI).
Integration allows users to exchange assets without using complex blockchain bridges or other external third -party infrastructure that complicates the user experience and incurs additional costs.
Transfers based on intention allow users to simply define their desired result, such as USDC exchange (USDC) on the basis of Ether (Weth) on Arbitrum, and a network of relays in competition to complete the transaction.
Crosschain’s exchanges in one click allow tokens swaps directly via the PancakesWap interface between the BNB chain, the arbitrum and the base, simplifying tokens transfers through thin blockchain networks.
Historically, the cross -activity was based on blockchain bridges, which proved to be vulnerable
In 2022, the Infinity Axie Ronin bridge was drained for more than $ 600 million in cryptocurrency in one of the largest cryptography exploits in history. Piracy has targeted a diagram of several private keys, a safety measure which has ultimately proved to be inadequate.
“Crosschain exchanges using intention bridges are generally safer because they do not lock your assets in a contract, which reduces the risk of exploits,” said Chef Kids, The Head Chef de Pancakeswap.
“Instead, exchanges are paid in real time via a decentralized relay network. This configuration improves safety and offers users a more fluid and faster experience,” he added.
In relation: Here is why the crosschain infrastructure is the missing layer of deffi
Institutions see the potential in simplified defi
The intention -based crossing will make the infrastructure defer, faster and easier to integrate with existing systems. This could unlock the next wave of institutional adoption, the chief’s children told Cointelegraph, adding:
“Cross exchanges reduce operational complexity, the risk of a lower intelligent contract by avoiding the locking of assets and offer clearer execution paths.”
Hart Lambur, co-founder of Coll, also considers the Blockchain infrastructure based on intention as the “key to integration institutions” and retail.
“It offers security, auditability and clean execution without the operational general costs which are generally necessary to interact between the channels,” he told Cintelegraph.
Other protocols have also worked on Transchain transfer solutions to eliminate friction associated with blockchain bridges.
In October 2024, Unichain proposed ERC-7683, a standard that rationalizes cross-transactions by formalizing how the information is sent on different networks. This allows a decentralized network of solvers to recover orders from any protocol.
The co-founder of Ethereum, Vitalik Buterin, expressed his support for the ERC-7683, calling it “an open level to mark the orders of Transchain”.
Through, which is also integrated into Uniswapx, has a decentralized network of 30 solvers which quickly fill the user with their own funds on the destination chain and take the risk of purpose. Exchanges take an average of three seconds.
Elsewhere, Dex Aggregator 1inch deployed its Pathfinder update on June 10, claiming to offer 6.5% better exchange rates while performing more quickly and more transparent transactions.
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