The 1INCH token is the governance and utility token of the 1inch Network. This versatile wallet was built from the ground up to streamline interacting with 1inch’s features. The 1inch Wallet is a multichain mobile platform that provides an easy-to-navigate interface with secure storing, transaction, and staking capabilities. The protocol’s features, such as dynamic pricing, conditional orders, and extra RFQ support, power various implementations, including stop-loss and trailing stop orders, as well as auctions. The 1inch Limit Order Protocol facilitates the most innovative and flexible limit order swap opportunities in DeFi. The 1inch Liquidity Protocol is a next-generation automated market maker ( AMM) that protects users from front-running attacks and offers attractive opportunities to liquidity providers. In just over two years the 1inch DEX aggregator has reached 1M users and surpassed $150B in overall volume on the Ethereum network alone.
The 1inch Aggregation Protocol incorporates the Pathfinder algorithm for finding the best paths across over 300+ liquidity sources on 10 chains: Ethereum, BNB Chain, Polygon, Avalanche, Optimistic Ethereum, Arbitrum, Fantom, Gnosis Chain, Klaytn and Aurora.
The 1inch Network's first protocol is a decentralized exchange ( DEX) aggregator solution that searches deals across multiple liquidity sources, offering users better rates than any individual exchange.
The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest, and protected operations in the DeFi space.
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