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Yellow Network Empowers Its Wallet With Cross Chain Swap Technology
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Yellow Network Empowers Its Wallet With Cross Chain Swap Technology

Yellow Network Empowers Its Wallet With Cross Chain Swap Technology

Yellow Network has integrated 1inch's Fusion Swap technology into its Yellow Wallet, offering users a streamlined cross-chain swapping experience with built-in fee protections.

1inch is a leading decentralized exchange (DEX) aggregator that sources liquidity from various exchanges to provide users with the best possible trading rates across multiple blockchains. Its Fusion Swap technology represents a significant advancement in DeFi trading, utilizing a specialized order execution mechanism that protects users from front-running and sandwich attacks while delivering optimized swap rates through smart routing across numerous liquidity sources.

The new integration allows users to execute token swaps directly from their Yellow Wallet balance across multiple blockchains. To perform a swap, users simply select tokens from the originating chain in the "From" field and their desired receiving tokens and chain in the "To" field.

First-time users must approve each token before swapping, after which they can execute trades by clicking the "Execute Swap" button. The platform displays estimated fee rates prior to execution for transparency.

"Users only pay fees on successful swaps, with no charges for failed transactions," a Yellow Network representative explained. "If a swap isn't executed within 10 minutes, funds are fully refunded."

The wallet includes a transaction history feature that displays the last 10 swaps, categorized as either same-chain or cross-chain transactions, with detailed status information for each.

The service is unavailable in several jurisdictions including the United States, Iran, North Korea, and other sanctioned territories. Users attempting to circumvent these restrictions through VPNs or other methods are prohibited from using the service.

Yellow Network recommends that users who don't immediately see swapped tokens in their wallet use the "Import assets" feature to manually add them by entering the contract address.

Disclaimer: The information provided in this article is for educational purposes only and should not be considered financial or legal advice. Always conduct your own research or consult a professional when dealing with cryptocurrency assets.
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