SafePal has partnered with 1inch to launch a Walletdrop collaboration, enhancing DeFi security and user experience.

BlockBeats News, July 22, Web3 wallet brand SafePal jointly launched 300 sets of limited-edition co-branded hardware wallets with DEX aggregator 1inch, aiming to enhance the security and usability of DeFi. Against the backdrop of last month's record-breaking 30% global DEX spot trading volume share, this collaboration is highly strategic.

SafePal CEO and Co-Founder Veronica Wong stated: "In the increasingly competitive wallet space, continuous iteration and effective user incentives and retention are crucial. Since token airdrops often come with airdrop hunters and bot fake accounts, the Walletdrop activity with 1inch can help us better identify and serve the user group with genuine DeFi security needs."

1inch Co-Founder Sergej Kunz said: "Self-custody is at the core of decentralization, and as DeFi scales and attracts more mainstream users, advocating for a secure self-custody approach is particularly important. We are excited to collaborate with SafePal to incentivize active users and promote best practices for securely protecting assets."