1inch deploys protocols on Coinbase’s Base L2 network

On 24 August, the developers of 1inch Network announced the deployment of the mainnets of their project on Base — second-layer solution, supported by the cryptocurrency exchange Coinbase.

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Thanks to the integration, 1inch users will gain access to cheaper and faster transactions, as well as additional liquidity.

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Additionally, projects deployed on Base will be able to serve customers in the Coinbase ecosystem using internal products and fiat channels.

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Earlier in July, 1inch Labs released a test Web3-platform SaaS with access to the API for creating new products.