Name: 1inch
SKU: 1INCH
Price: 0.187773265416 USD

<h3>What Is 1inch (1INCH)?</h3>1inch is a decentralized exchange (<a href="https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex" rel="noopener noreferrer" target="_blank" style="color: var(--color-primary-blue) ;">DEX</a>)&nbsp;<a href="https://coinmarketcap.com/alexandria/article/what-are-dex-aggregators-a-deep-dive-by-1inch" rel="noopener noreferrer" target="_blank" style="color: var(--color-primary-blue) ;">aggregator</a>, connecting several DEXes into one platform to allow its users to find the most efficient swapping routes across all platforms. In order for a user to find the best price for a swap, they need to look at every exchange — DEX aggregators eliminate the need for manually checking, bringing efficiency to swapping on DEXs.DEX aggregators work by sourcing liquidity from different DExs, meaning that they are able to offer users better token swap rates than they could find on any single DEX, in the shortest time possible.1inch launched in August 2020 after a $2.8 million funding raise from Binance Labs, Galaxy Digital, Greenfield One, Libertus Capital, Dragonfly Capital, FTX, IOSG, LAUNCHub Ventures and Divergence Ventures.In December 2020, 1inch raised another $12 million in Series A funding, led by Pantera Capital, with others including ParaFi Capital, Blockchain Capital, Nima Capital and Spartan Group. The funding round was conducted through a SAFT sale (simple agreement for future tokens).

Arbitrum Ecosystem

Avalanche Ecosystem

BNB Chain Ecosystem

Ethereum Ecosystem

Kaia Ecosystem

Near Ecosystem

Optimism Ecosystem

Polygon Ecosystem

Sonic Ecosystem

zkSync Ecosystem

Small Backers

Backers 2

Core Contributors

Backers 1

Network Growth Fund

Community Incentives

1inch is&nbsp;an exchange aggregator that scans decentralized exchanges to find the lowest cryptocurrency prices for traders, and is powered by its 1INCH utility and governance token. 1INCH is used to furnish the platform's decentralized "instant governance" model, and facilitates liquidity mining through token staking.

1inch

1inch is a DEX aggregator and liquidity protocol on Ethereum Virtual Machine.

Analyze a price difference for %name% pairs between different exchanges and markets to find the most profitable chains

1inch 1INCH

1inch Arbitrage