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

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The world of decentralized finance (DeFi) continues to evolve at a rapid pace, and at the forefront of this innovation stands 1inch Network (1INCH) — a powerful decentralized exchange (DEX) aggregator designed to maximize trading efficiency, minimize slippage, and deliver optimal pricing across multiple liquidity sources.

Whether you're a seasoned DeFi trader or just beginning your journey into crypto, understanding how 1inch works — from its tokenomics and security model to where you can buy 1INCH — is essential for making informed decisions in today’s fragmented blockchain ecosystem.

What Is 1inch (1INCH)?

1inch operates as a decentralized exchange (DEX) aggregator, pulling liquidity from numerous DEXs across various blockchains to find users the best possible trading rates. Instead of manually checking each DEX like Uniswap, SushiSwap, or Curve for price differences, traders can use 1inch to automatically split their orders across multiple platforms, ensuring maximum output with minimal slippage.

The protocol uses smart order routing algorithms that scan dozens of liquidity pools in real time. By doing so, it enables users to execute trades more efficiently than they could on any single exchange alone.

At the heart of 1inch's innovation is its ability to aggregate fragmented liquidity, which solves one of DeFi’s biggest challenges: inefficient capital distribution across platforms. This makes 1inch not just a convenience tool, but a critical infrastructure layer in modern crypto trading.

👉 Discover how smart routing can boost your trading performance today.

The Evolution of 1inch: Key Milestones

Launched in August 2020, 1inch quickly gained traction after raising $2.8 million in funding from notable investors including Binance Labs, Galaxy Digital, Dragonfly Capital, and FTX. This early support signaled strong confidence in the project’s vision of optimizing decentralized trading.

In December 2020, the team launched Mooniswap, its own automated market maker (AMM) protocol designed to reduce front-running and impermanent loss — two persistent issues in traditional AMMs like Uniswap.

Also in December 2020, 1inch introduced its native governance token: 1INCH. The token launch marked the beginning of a decentralized autonomous organization (DAO) model, allowing token holders to vote on protocol upgrades, treasury allocations, and strategic initiatives.

Later, in a Series A funding round led by Pantera Capital, 1inch secured an additional $12 million from investors such as ParaFi Capital and Spartan Group through a SAFT (Simple Agreement for Future Tokens) structure.

These milestones laid the foundation for 1inch to expand beyond Ethereum, integrating with networks like BNB Chain, Polygon, Optimism, Arbitrum, and others — positioning itself as a cross-chain DeFi powerhouse.

Who Are the Founders of 1inch?

1inch was co-founded by Sergej Kunz and Anton Bukov, two Russian developers who met at a blockchain hackathon in 2019. Their shared frustration with inefficient DEX trades led them to build an algorithm that could split large orders across multiple exchanges to achieve better prices.

What started as a weekend project soon evolved into one of the most widely used DeFi tools globally. Today, the 1inch team includes core developers, security researchers, and community managers working collaboratively under the DAO framework.

Their technical expertise and commitment to decentralization have helped establish 1inch as both innovative and trustworthy within the crypto space.

Why Is 1inch Different From Other DEXs?

While many DEXs focus on being standalone trading venues, 1inch takes a different approach:

Unlike traditional exchanges that rely on order books or single liquidity pools, 1inch leverages aggregated data to offer superior price discovery — especially beneficial for high-value swaps where slippage can be costly.

This unique value proposition has made 1inch a go-to solution for traders seeking efficiency and cost-effectiveness in DeFi.

How Many 1INCH Tokens Are in Circulation?

The total supply of 1INCH is capped at 1.5 billion tokens.

As of now, over 1.4 billion tokens are in circulation, distributed through various channels:

This distribution model emphasizes decentralization and long-term sustainability. The gradual release of team and investor tokens helps prevent market flooding and promotes price stability.

Is the 1inch Network Secure?

Security is a top priority for 1inch. The protocol has undergone multiple audits by leading firms such as CertiK, Trail of Bits, and OpenZeppelin. No major exploits have been reported on the core aggregation engine since launch.

Additionally:

However, as with all DeFi protocols, users must remain cautious of phishing sites and always verify URLs before connecting wallets.

👉 Stay ahead of risks with secure trading tools powered by innovation.

Where Can You Buy 1INCH?

The 1INCH token is listed on several major cryptocurrency exchanges, including:

It's also available directly through decentralized platforms like the 1inch dApp, where users can swap other tokens for 1INCH without KYC requirements.

When purchasing 1INCH:

  1. Choose a reputable exchange.
  2. Enable two-factor authentication (2FA).
  3. Withdraw funds to a personal wallet if holding long-term.

For maximum control and security, storing 1INCH in non-custodial wallets like MetaMask or Trust Wallet is recommended.

Frequently Asked Questions (FAQ)

What is the purpose of the 1INCH token?

The 1INCH token serves two primary functions: governance and utility. Token holders can participate in DAO votes on protocol changes and earn staking rewards through liquidity programs.

Can I stake 1INCH tokens?

Yes. Users can stake 1INCH in the Staking Vault to earn rewards in CHI tokens (gas optimization tool) or other incentives funded by the ecosystem treasury.

Does 1inch support NFT trading?

While primarily focused on token swaps, 1inch has explored NFT integration through partnerships and API expansions. However, it does not currently host an NFT marketplace.

How does 1inch reduce slippage?

By splitting large trades across multiple DEXs using intelligent routing algorithms, 1inch minimizes price impact and ensures closer execution to quoted prices.

Is 1inch available on mobile?

Yes. The 1inch dApp is mobile-browser compatible and works seamlessly with wallet apps like MetaMask Mobile. A dedicated iOS and Android app was previously offered but later discontinued for strategic reasons.

What blockchains does 1inch support?

1inch supports Ethereum, BNB Chain, Polygon, Arbitrum, Optimism, Avalanche, Gnosis Chain, Fantom, and zkSync Era — making it one of the most cross-chain-friendly DeFi tools available.

Final Thoughts

The 1inch Network represents a significant leap forward in decentralized trading infrastructure. By solving real-world problems like high slippage, poor liquidity distribution, and inefficient routing, it empowers users to trade smarter — not harder.

With strong fundamentals, continuous innovation, and a growing multi-chain presence, 1INCH remains a key player in shaping the future of DeFi.

Whether you're looking to optimize your trades, participate in governance, or simply explore efficient cross-chain swaps, 1inch offers tools that cater to both novice and advanced users alike.

👉 Start optimizing your crypto trades with advanced aggregation technology now.