1inch is a decentralized finance (DeFi) platform that aggregates liquidity from various decentralized exchanges (DEXs) to offer users optimal token swap rates. Founded in 2019 by Sergej Kunz and Anton Bukov, the platform has rapidly expanded its services across multiple blockchain networks, including Ethereum, BNB Chain, and Polygon. The 1inch Network encompasses a suite of products designed to enhance the DeFi experience, such as the Aggregation Protocol, Liquidity Protocol, Limit Order Protocol, and a mobile wallet. These tools enable users to efficiently manage, track, and transact digital assets while mitigating risks like high slippage and front-running attacks. The native 1INCH token plays a central role within the ecosystem, serving both governance and utility functions. In December 2021, 1inch secured a $175 million Series B funding round led by Amber Group, underscoring its strong position in the DeFi market. With a commitment to innovation and user-centric solutions, 1inch continues to be a leading force in the decentralized finance landscape.
Phone: +1(284) 340 6873Website: https://1inch.io/
Highlights
1inch is a decentralized finance (DeFi) platform that aggregates liquidity from multiple decentralized exchanges to provide optimal token swap rates.
Founded in 2019 by Sergej Kunz and Anton Bukov, 1inch has expanded its services across multiple blockchain networks, including Ethereum, BNB Chain, and Polygon.
The platform's native token, 1INCH, serves both governance and utility functions within the ecosystem.
1inch has raised significant funding, including a $175 million Series B round in December 2021 led by Amber Group.
The 1inch Network offers a suite of products, including the Aggregation Protocol, Liquidity Protocol, Limit Order Protocol, and a mobile wallet, enhancing user experience in the DeFi space.
