SafePal and 1inch launched a Walletdrop collaboration to enhance the security and user experience of Decentralized Finance.

On July 22, the Web3 wallet brand SafePal and the DEX aggregator 1inch jointly launched 300 limited edition co-branded hardware wallets, aiming to enhance the security and convenience of DeFi. This collaboration is particularly strategic against the backdrop of last month's global DEX spot trading volume reaching a new high of 30%. SafePal CEO and co-founder Veronica Wong stated: "In the increasingly competitive wallet field, it is very important to continuously iterate and effectively incentivize and retain users. Since token airdrops are often accompanied by exploits and fake accounts from Bots, the Walletdrop event conducted with 1inch can help us better identify and serve users with genuine DeFi security needs." 1inch co-founder Sergej Kunz stated: "Self-custody is at the core of decentralization. As the scale of DeFi expands and attracts more mainstream users, advocating for secure self-custody methods is particularly important. We are pleased to partner with SafePal through this collaboration to incentivize active users and promote best practices for asset protection."