From Cointelegraph

June 11, 2025 4:17 am:

Decentralized exchange PancakeSwap launches one-click crosschain swaps with Across Protocol to simplify DeFi user experience. Users can swap assets directly through PancakeSwap interface between BNB Chain, Arbitrum, and Base without using complex blockchain bridges. Intent-based transfers allow users to define desired outcome, reducing risk and improving security for smoother experience.

Crosschain activity traditionally relied on vulnerable blockchain bridges, as seen in Axie Infinity’s Ronin Bridge hack of over $600 million in 2022. PancakeSwap’s Head Chef Kids emphasizes the safety of intent-based crosschain swaps, settling transactions in real-time through a decentralized network of relayers. This setup enhances security and user experience.

Intent-based crosschain swaps are set to revolutionize DeFi infrastructure by making it safer, faster, and easier to integrate with existing systems. Chef Kids believes this could lead to increased institutional DeFi adoption by reducing operational complexity, avoiding asset lockups, and offering clearer execution paths. Across co-founder Hart Lambur sees this as key to onboarding institutions and retail investors.

Other protocols are also working on crosschain transfer solutions to eliminate friction associated with blockchain bridges. Unichain proposed ERC-7683 standard in October 2024 to streamline crosschain transactions, while Ethereum co-founder Vitalik Buterin supports ERC-7683 as an open standard for marking crosschain orders. Across, integrated with UniswapX, has a decentralized network of 30 solvers filling user orders on the destination chain within seconds.

DEX aggregator 1inch deploys Pathfinder update for 6.5% better swap rates and faster, more seamless transactions. Ethereum’s L2s are on track to be interoperable within months, offering a complete guide for users. Crosschain infrastructure development continues to improve accessibility and efficiency in the DeFi space.

Read more at Cointelegraph: PancakeSwap’s One-Click Crosschain Swaps to Simplify DeFi for Institutions