About 1inch Network
The 1inch Network brings together decentralized protocols to create synergistic operations that offer the most profitable, efficient, and secure experiences within the DeFi ecosystem.
The inaugural protocol within the 1inch Network is a decentralized exchange (DEX) aggregator solution, which scours deals across numerous liquidity sources, providing users with superior rates compared to individual exchanges. Powered by the Pathfinder algorithm, the 1inch Aggregation Protocol navigates over 400 liquidity sources spanning 12 chains: Ethereum, BNB Chain, Polygon, Avalanche, Optimism, Arbitrum, Fantom, Gnosis Chain, Klaytn, Aurora, zkSync, and Base.
Within just over two years, the 1inch DEX aggregator has amassed a user base exceeding 1 million and has facilitated over $150 billion in trading volume on the Ethereum network alone.
The 1inch Limit Order Protocol introduces innovative and flexible limit order swap opportunities within DeFi. Offering dynamic pricing, conditional orders, and robust RFQ support, the protocol enables various implementations, including stop-loss and trailing stop orders, as well as auctions.
The 1inch Wallet, a multichain mobile platform, delivers a user-friendly interface alongside secure storage, transaction, and staking functionalities. Designed to seamlessly interact with 1inch's features, this versatile wallet enhances user experience.
The governance and utility token of the 1inch Network is the 1INCH token. Holders of 1INCH can stake their tokens to participate in the 1inch Network's DAO governance, including managing the 1inch DAO Treasury. Additionally, holders can select resolvers and earn a portion of their fees.
Through 1inch Fusion, users can stake 1INCH tokens to acquire Unicorn Power (UP) and subsequently delegate their UP to any 1inch Fusion Resolver to start earning rewards. Staking options include setting custom or preset lock periods, with staked 1INCH tokens subject to penalties if withdrawn before the designated lock period expires.
In December 2020, 1inch secured $12 million in Series A funding, led by Pantera Capital, alongside investors such as ParaFi Capital, Blockchain Capital, Nima Capital, and Spartan Group, through a SAFT (simple agreement for future tokens) sale.
In December 2021, 1inch concluded a $175 million Series B round, led by Amber Group, with approximately 50 investors participating, including Jane Street, VanEck, Fenbushi Capital, Alameda Research, Celsius, Nexo, Tribe Capital, and Gemini Frontier Fund.
1INCH Price Live Data
The live 1inch Network price today in INR is ₹ 37.23 , with a 24-hour trading volume of ₹ 4229.23 . Crypshots updates this 1INCH to INR price in real-time. The current 1inch Network price reflects a change in the last 24 hours, with a market cap of ₹ 43.12G . There are 1.16G 1INCH coins in circulation today.
If you want to buy 1inch Network at the current price, the top cryptocurrency exchanges for trading 1inch Network are Binance, Gate.io, CoinDCX, Flitpay, and Bybit. You can find other exchanges to buy 1inch Network on our crypto exchanges page.