1inch seeks to optimize gas costs with its new v5 router

1inch seeks to optimize gas costs with its new v5 router

According to 1inch, users’ gas costs for swaps will be at least 10% lower than its previous offerings in the DEX segment, thereby, making swapping activity on the Ethereum network more profitable for its users. In the Router v5, 1inch estimated that swaps will be approximately 5% more gas efficient than in the previous version, and 10% more gas efficient, compared to the second best performing player in the DEX segment.

New features and improvements made to the Router v5 from previous routers include; a new interaction logic, pre-/post-interactions, and an improved smart contract error processing system. The new edition is also meant to prioritize security and has been audited by almost a dozen industry projects, such as Consensys, OpenZeppelin, and ABDK Consulting.

Sergej Kunz, the co-founder of 1inch

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