Aqua, The First Shared Liquidity and the Next Leap in DeFi: A Conversation with 1inch Co-founder Sergej Kunz

Sergej Kunz, co-founder of 1inch, introduced Aqua at Devconnect Buenos Aires, a protocol designed to solve the fundamental DeFi issue where 80-90% of liquidity pool capital remains unused due to fragmentation. Aqua introduces a shared-liquidity architecture, allowing a single wallet balance to support multiple strategies simultaneously without locking assets into separate pools, thereby increasing capital efficiency and potential yield significantly—backtests show returns increasing five times or more. The initial release targets developers and security experts for scrutiny, with a production version aimed at liquidity providers expected by late 2025 or early 2026. Kunz positions Aqua as solving fragmentation for liquidity providers (makers), mirroring how 1inch aggregation solved it for takers in 2019, marking a significant architectural shift in DeFi liquidity design.

(Source：BeInCrypto)