1inch Network (1INCH)
The DEX aggregator. Best swap rates across all exchanges.
What is 1inch Network?
1inch is a decentralized exchange aggregator that searches dozens of DEXes simultaneously to find the best possible price for your trade. Instead of manually checking Uniswap, SushiSwap, Curve, Balancer, and other platforms, 1inch does it for you in seconds. The protocol splits your trade across multiple exchanges and routes if that results in a better overall rate.
The 1INCH token governs the 1inch DAO and is used for staking in the 1inch Network. Stakers can delegate their voting power, earn protocol fees, and participate in governance decisions. The token also unlocks discounts and benefits within the 1inch ecosystem.
1inch has become a foundational piece of DeFi infrastructure. It handles billions in monthly volume and integrates with wallets like MetaMask, Trust Wallet, and Ledger Live. The protocol's Pathfinder algorithm considers gas costs, price impact, and available liquidity to calculate the optimal trade route.
How 1inch Network Works
1inch uses an algorithm called Pathfinder that analyzes liquidity across all connected DEXes, calculates the optimal route (sometimes splitting a single trade across multiple exchanges), and executes the swap in one transaction. For example, if you want to swap ETH for USDC, Pathfinder might route 60% through Uniswap and 40% through Curve because the combined rate beats either exchange individually. Gas costs are factored in — 1inch will only split routes if the savings outweigh the extra gas. The result is better prices and less slippage, especially for larger trades.
1inch Network Ecosystem
- 1inch Aggregation Protocol — best rates across all DEXes
- 1inch Limit Order Protocol — gasless limit orders
- 1inch Liquidity Protocol — automated market making
- 1inch Network staking and governance via 1INCH token
- Integration with MetaMask, Ledger, Trust Wallet, and more
Team & Development
1inch was founded by Sergej Kunz and Anton Bukov, who built the first version at the ETHGlobal hackathon in New York in 2019. The protocol launched publicly in 2020 and quickly became the leading DEX aggregator. The 1INCH token and DAO governance launched in December 2020. The project is now governed by the 1inch DAO, with development led by the 1inch Labs team.
Frequently Asked Questions
Why use 1inch instead of trading directly on Uniswap?
1inch checks Uniswap AND every other DEX to find you the best price. For many trades, especially larger ones, 1inch can save you 1-5% by routing through multiple exchanges. It costs the same in gas as a regular swap but gets you more tokens.
What is the 1INCH token for?
1INCH is used for governance (voting on protocol changes), staking (earn fees and voting power), and unlocking benefits like reduced fees. Holding 1INCH is optional — you can use the 1inch aggregator without owning the token.
Where do I store 1INCH?
1INCH is an ERC-20 token on Ethereum and BEP-20 on Binance Smart Chain. Use MetaMask, Trust Wallet, Ledger, or any compatible wallet.
Can I sell or swap 1INCH?
Yes. Swaps supports selling 1INCH for fiat and swapping it for other tokens.
Buy 1inch Network on Swaps
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