1 00:00:14,230 --> 00:00:20,672 [HOST] Welcome to X1 Report, your source for the latest in blockchain news. Today, we're diving 2 00:00:20,672 --> 00:00:26,894 into an exciting update from the X1 blockchain: XDEX has launched a new smart routing 3 00:00:26,894 --> 00:00:31,506 feature that significantly enhances tradability on the network. 4 00:00:31,506 --> 00:00:37,947 [ANALYST] Jason, the founder of XDEX and part of the X1 Labs core development team, announced this 5 00:00:37,947 --> 00:00:43,950 feature on Telegram. It allows swaps to be routed across multiple liquidity pools, 6 00:00:43,950 --> 00:00:48,781 creating a single swap experience even when using different DEXes. 7 00:00:48,781 --> 00:00:55,193 [HOST] This is particularly groundbreaking on a chain like X1, where almost no two tokens share a 8 00:00:55,193 --> 00:01:01,176 pool. The new routing engine supports multi-hop and cross-DEX routing, automatically 9 00:01:01,176 --> 00:01:04,524 finding the most efficient path between tokens. 10 00:01:04,524 --> 00:01:10,847 [ANALYST] The feature is accessible via a new Multi tab on the XDEX swap interface, alongside 11 00:01:10,847 --> 00:01:17,704 existing Swap, Limit, and TWAP modes. It's currently live, with 20 successful routed swaps 12 00:01:17,704 --> 00:01:19,989 recorded since its deployment. 13 00:01:19,989 --> 00:01:28,554 [HOST] Under the hood, it's an on-chain program deployed to X1 mainnet at slot 77,477,230 on 14 00:01:28,554 --> 00:01:36,011 September 8th, 2026. The first routed swap occurred just 41 minutes later. 15 00:01:36,011 --> 00:01:42,134 [ANALYST] The program exposes a single instruction, MultiHopSwap, and holds its own upgrade 16 00:01:42,134 --> 00:01:48,939 authority, separate from the XDEX AMM itself. This ensures the router can be independently 17 00:01:48,939 --> 00:01:51,963 upgraded without affecting the core AMM. 18 00:01:51,963 --> 00:01:59,073 [HOST] An example transaction shows how it works in practice. A six-hop swap involving MR. 19 00:01:59,073 --> 00:02:06,782 EGGPLANT, ANL, WXNT, UNO, TRUMP, X1FINITY, and USDC.X executed successfully, demonstrating 20 00:02:06,782 --> 00:02:10,980 the engine's capability to handle complex routes. 21 00:02:10,980 --> 00:02:18,317 [ANALYST] Each hop consumes a significant amount of compute units, with the six-hop swap using 22 00:02:18,317 --> 00:02:26,178 298,072. The router fee is 0.5%, paid to a separate fee wallet, adding to the overall cost 23 00:02:26,178 --> 00:02:27,838 of the transaction. 24 00:02:27,838 --> 00:02:35,266 [HOST] X1 Report's own index of the XDEX AMM shows just how fragmented the liquidity landscape is 25 00:02:35,266 --> 00:02:42,694 on X1. With only 0.45% of possible token pairs actually represented in pools, this routing 26 00:02:42,694 --> 00:02:45,253 feature becomes a game-changer. 27 00:02:45,253 --> 00:02:51,679 [ANALYST] The cross-DEX aspect of the feature is currently limited to XDEX and Degen, with no other 28 00:02:51,679 --> 00:02:58,105 venues yet integrated. However, the architecture allows for future expansion, making it a 29 00:02:58,105 --> 00:03:01,065 forward-looking development on the chain. 30 00:03:01,065 --> 00:03:07,322 [HOST] To use this feature, simply open the Multi tab on the XDEX swap interface, select your 31 00:03:07,322 --> 00:03:13,798 input and output tokens, and let the engine find the best route for you. Keep in mind the 32 00:03:13,798 --> 00:03:17,435 associated token accounts and the 0.5% router fee. 33 00:03:17,435 --> 00:03:23,994 [ANALYST] This update from XDEX is a significant step forward in improving tradability on the X1 34 00:03:23,994 --> 00:03:30,476 blockchain. As more venues integrate, we can expect even greater efficiency and reach 35 00:03:30,476 --> 00:03:31,925 across the network. 36 00:03:31,925 --> 00:03:37,356 [HOST] That's all for today's report. If you've traded through the Multi tab, share your 37 00:03:37,356 --> 00:03:43,189 experience with us on our reviews page. Stay tuned for more updates from the blockchain 38 00:03:43,189 --> 00:03:48,016 world. Until next time, keep exploring and stay informed with X1 Report.