Chainflip v1.8 Upgrade
After a year of major feature rollouts like our Solana integration, DCA support for better-priced swaps, and the launch of Boost for faster BTC swaps, Chainflip’s upcoming v1.8 release delivers major improvements. This update focuses on making integrations easier and more reliable, improving user experience, and reinforcing economic security, paving the way for a more efficient and robust swapping experience.
Vault Swaps: a game-changer for integrators.
Before v1.8, integrators relying on smart contract-based infrastructure faced major hurdles incorporating Chainflip. Vault swaps were previously limited to EVM and Solana, meaning Bitcoin swaps still required deposit channels.
Not only was this a friction point for developers, but features like Boost, DCA + Fill-or-kill, and affiliate tracking weren’t available through vault swaps either.
With v1.8, vault swaps now support Bitcoin, eliminating the need for deposit channels entirely. This unlocks:
- Seamless integration – Smart contract-based apps can now process BTC swaps directly, just like all EVM routes and Solana.
- Full feature access – Boost, DCA, Fill-or-Kill, and affiliate programs will be available for vault swaps.
- Better broker level screening – Vault swaps simplify broker level screening and compliance
- Faster, more flexible transactions – Users and integrators no longer have to manually deposit funds into a deposit address.
This release makes Chainflip more adaptable than ever, allowing integrators to build with ease and deliver a frictionless cross-chain experience for their users.
Cross-chain messaging Enhancements: Improved Aggregation
Chainflip’s v1.8 release also tackles a long-standing challenge: gas budgeting for cross-chain swaps. Gas estimation for swaps across chains has often been a point of friction for integrators, leading to inefficiencies in transaction execution.
The Problem:
- Volatile Gas Prices: Ethereum gas fees can spike unpredictably, sometimes doubling or tripling between transaction submission and execution. Solana also experienced a significant increase in transaction fees these last few weeks, highlighting the need for better estimations.
- Unstable Exchange Rates: The conversion rate between source assets and gas assets can fluctuate, impacting calculations.
- Inefficient Gas Budgeting: Overestimating gas leads to unnecessary costs, while underestimating it risks transaction failures.
The Solution:
With v1.8, Chainflip is revamping gas estimation by introducing a smarter, more dynamic budgeting system that:
- Accurately forecasts gas costs
- Reduces manual intervention for integrators
- Improves pricing competitiveness
This change makes it easier for integrators to connect Chainflip with top aggregators like Jupiter, Uniswap, and Squid Router for better swap execution. Now, users can enjoy smoother, more cost-efficient swaps without excessive gas overestimation, making cross-chain trading more seamless than ever.
Boost Fee Split: Strengthening Economic Security
Another major update in v1.8 is the implementation of the Boost fee split. This governance-backed change will allocate a portion of Boost fees to FLIP buy-and-burn, strengthening economic security and further aligning incentives within the protocol.
For more details on why this is necessary and how it works, check out our Boost Fee Split blog post.
Final Thoughts
The v1.8 update isn’t just another incremental release—it’s a significant step toward making Chainflip the best decentralized swapping infrastructure available. With vault swaps unlocking new integration possibilities, gas improvements making cross-chain aggregation smoother, and the Boost fee split enhancing economic incentives, this update strengthens the protocol’s foundation while setting the stage for future innovation.
Stay tuned for more updates as v1.8 rolls out. As always, we appreciate the community’s feedback in making Chainflip stronger than ever!