1inch Network (1INCH): Price, Charts, and Market Insights

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The 1inch Network has emerged as a leading force in the decentralized finance (DeFi) ecosystem, offering users an efficient, secure, and intelligent way to trade digital assets across multiple decentralized exchanges (DEXs). Built with innovation at its core, 1inch leverages advanced aggregation algorithms and deep liquidity integration to deliver optimal trading outcomes. This guide explores the fundamentals of 1INCH, its unique value proposition, tokenomics, security framework, and where to access it—delivering comprehensive insights for both new and experienced crypto participants.

What Is 1inch (1INCH)?

1inch operates as a decentralized exchange (DEX) aggregator, pulling liquidity from numerous DeFi platforms to find the best possible trading rates for users. Instead of manually checking prices across Uniswap, SushiSwap, Curve, and other DEXs, traders can use 1inch to automatically route their orders through the most cost-effective paths—often splitting a single trade across multiple platforms for maximum efficiency.

At its heart, 1inch solves one of DeFi’s biggest pain points: fragmented liquidity. By consolidating order books and liquidity pools, it minimizes slippage and maximizes returns, especially for large trades. The protocol uses smart contract-based routing logic that evaluates hundreds of potential swap routes in real time, ensuring users get the best net output after fees and price impact.

👉 Discover how smart routing can boost your DeFi returns today.

The Technology Behind 1inch

1inch doesn’t just aggregate—it innovates. In late 2020, the team launched Mooniswap, its own automated market maker (AMM) protocol designed to reduce impermanent loss and front-running risks common in traditional AMMs like Uniswap.

Mooniswap introduces a unique mechanism called virtual balances, which delays fee collection and creates a time-based buffer against arbitrage bots. This design helps protect liquidity providers by minimizing losses due to rapid price changes or malicious trading behavior.

Since then, 1inch has expanded beyond Ethereum to support multiple blockchains, including BNB Chain, Polygon, Optimism, Arbitrum, and Avalanche—making cross-chain swaps seamless and gas-efficient.

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Who Founded 1inch?

1inch was co-founded in 2019 by Sergej Kunz and Anton Bukov, two Russian developers who met during a blockchain hackathon in Vienna. Their shared vision was to simplify DeFi trading by eliminating inefficiencies caused by isolated liquidity pools.

Their work quickly gained traction within the Ethereum community, culminating in the official launch of the 1inch Network in August 2020. Since then, the project has evolved into a fully decentralized autonomous organization (DAO), governed by its community of 1INCH token holders.

Why Is 1inch Different?

Several factors set 1inch apart from other DEX aggregators:

This combination of performance, flexibility, and transparency makes 1inch a preferred choice for sophisticated traders and passive users alike.

How Many 1INCH Tokens Are in Circulation?

The total supply of 1INCH tokens is capped at 1.5 billion. As of now, over 1.4 billion tokens are already in circulation, distributed through various channels:

This structured distribution supports long-term decentralization and sustainable growth.

Is the 1inch Network Secure?

Security is a top priority for 1inch. The platform undergoes regular audits by reputable firms such as CertiK, Trail of Bits, and OpenZeppelin. Additionally:

While no system is entirely immune to risk, 1inch’s proactive approach to security—including bug bounties and continuous monitoring—has helped maintain a strong track record since launch.

👉 Learn how secure trading protocols protect your digital assets.

Where Can You Buy 1INCH?

Purchasing 1INCH is straightforward on major cryptocurrency exchanges. You can acquire the token on both centralized (CEX) and decentralized (DEX) platforms:

To buy on a DEX:

  1. Connect your wallet (e.g., MetaMask).
  2. Select the network where you want to trade (e.g., Ethereum or Polygon).
  3. Enter the amount of ETH or USDC you’d like to swap for 1INCH.
  4. Confirm the transaction.

Always verify contract addresses when using DEXs to avoid phishing scams.

Frequently Asked Questions (FAQ)

What is the purpose of the 1INCH token?

The 1INCH token serves as the governance asset of the 1inch DAO. Token holders can propose and vote on key protocol upgrades, fee structures, treasury allocations, and partnership initiatives.

Can I stake my 1INCH tokens?

Yes. Users can stake 1INCH in the Staking Vault to earn rewards in ETH and other tokens. Staking also increases voting power within the DAO.

Does 1inch charge lower fees than other DEXs?

While 1inch applies a small service fee (typically around 0.3%), its routing efficiency often results in lower overall costs compared to executing trades manually on individual DEXs—especially when factoring in slippage reduction.

How does 1inch make money?

Revenue comes primarily from trading fees collected across integrated DEXs. A portion is shared with liquidity providers, while another part goes to stakers and the DAO treasury.

Is 1inch available on mobile?

Yes. The official 1inch Wallet app is available on iOS and Android, offering secure storage, built-in swapping, and dApp browsing capabilities—all without compromising user control.

Can I use 1inch without paying gas fees?

Not entirely. While some layer-2 integrations reduce gas costs significantly, all blockchain transactions require network fees (gas). However, using networks like Polygon or Arbitrum via 1inch can make trades much cheaper than on Ethereum mainnet.

👉 Start exploring low-cost DeFi trades across blockchains now.

Final Thoughts

The 1inch Network stands at the forefront of DeFi innovation, combining powerful aggregation technology with robust security and community-driven governance. Whether you're looking to optimize trade execution, participate in governance, or simply explore multi-chain opportunities, 1INCH offers a reliable and intelligent gateway into decentralized finance.

As the ecosystem continues to evolve—with ongoing developments in limit orders, intent-based trading, and enhanced privacy features—1inch remains well-positioned to lead the next generation of DeFi tools.

For those ready to dive deeper into efficient crypto trading, integrating platforms like 1inch into your strategy could be a game-changer.