Decentralized exchange aggregator 1inch has launched Aqua, a protocol designed to enable liquidity providers to supply capital across multiple decentralized finance markets simultaneously while keeping assets in their own wallets until settlement. The system has been deployed on 13 blockchains, including Ethereum, Arbitrum, Base, Robinhood Chain and BNB Chain.

Aqua allows providers to authorize several strategies against a single wallet inventory. Funds remain in the wallet rather than being deposited into individual liquidity pools and are transferred only when a trade settles. The protocol includes a generalized on-chain registry, wallet-backed automated market-making strategies, atomic settlement and tools for position management.

Liquidity is not multiplied. A provider can advertise the same capital across multiple protocols, yet the assets may participate in only one operation at a time. For example, $10,000 can be advertised on three protocols for a combined $30,000 of advertised capacity, but only $10,000 of concurrent trades can execute against those funds. The design aims to raise capital utilization when simultaneous demand is low.

Access is restricted to resolvers holding a 1inch-issued credential, and not every protocol is supported. Positions are continuously quoted against the market maker’s live wallet balance. Any proposed swap that would exceed the available balance reverts atomically.

Subject to tokenholder approval, the protocol plans to allocate 500,000 USDC and 10 million 1INCH tokens, valued at approximately $830,000, as incentives to encourage liquidity growth and trading activity on supported pairs.