The 1inch Network reportedly revealed details related to its deployment decision on  Avalanche for the 1inch Aggregation Protocol, and Gnosis Chain for 1inch Limit Order Protocol. 

Specifically, the 1inch Network reportedly has a particular target of accelerating the expansion of its capabilities across the decentralized finance (DeFi) sector. 

“1inch’s main goal is to offer users the best deals across the blockchain space” Sergej Kunz – 1inch Network co-founder – reportedly remarked, additionally disclosing that the expansion work across Avalanche and Gnosis Chain will roll out a variety of selections for carrying out transactions with reduced prices and accelerated speed.

The Avalanche (AVAX) blockchain is reportedly known as a rapidly developing cross-chain network, whose TVL, as per DeFi Llama, stood at $10.4 billion at the time of publication. 

Nonetheless, the AVAX token still reportedly has vulnerable spots prone to exploitation, having experienced a Multichain hack this week. 

Per the statement, a vast array of protocols will be introduced instantly through 1inch on Avalanche, including 1inch Limit Order Protocol, Aave, Baguette, Canary Exchange, Pangolin, SushiSwap, and Trader Joe.

Gnosis Chain (GNO) reportedly possessed a TVL of $22 million at the time of publication, as revealed by DeFi Llama. The top major DEX on Gnosis Chain is Curve v1, with different protocols that can be accessed instantly on Gnosis including the 1inch Limit Order Protocol, Elk Finance, Honeyswap, Levinswap, and SushiSwap.