What Is 1inch Network?
1inch Network is a pioneering decentralized exchange (DEX) aggregator designed to optimize token trading by scanning multiple liquidity pools across various platforms. Rather than relying on a single DEX's liquidity pool, 1inch aggregates data from numerous sources to provide users with the most efficient trading routes and best possible prices for their token swaps.
Key Features of 1inch Network
- Multi-DEX Aggregation: Scans multiple decentralized exchanges simultaneously.
- Optimal Trading Paths: Uses advanced algorithms to find the best swap routes.
- User-Friendly Interface: Simplifies complex DeFi trading processes.
- Cost Efficiency: Minimizes slippage and maximizes savings for large trades.
Why Use 1inch Network?
For traders dealing with substantial token volumes, manually checking each DEX for the best price is impractical. Price quotes fluctuate based on liquidity pool conditions, and larger trades can significantly benefit from optimized routes. Here’s why 1inch stands out:
- Best Price Discovery: Automatically finds the most favorable rates across DEXes.
- Large Trade Optimization: Reduces price impact and slippage for bulk transactions.
- Time-Saving: Eliminates the need to manually compare multiple platforms.
- Gas Fee Efficiency: Often suggests routes that minimize Ethereum gas costs.
Understanding Pathfinder Technology
Pathfinder is 1inch’s proprietary routing algorithm that powers its backend operations. This sophisticated system evaluates all possible swap routes across supported DEXes (like Uniswap, Curve, Balancer, etc.) to recommend the most efficient path. For example, when swapping ETH for WBTC, Pathfinder analyzes:
- Available liquidity pools
- Current price spreads
- Trading fees
- Gas costs
The result is a smart route that maximizes value while minimizing costs—all presented through an intuitive interface.
Founders and History of 1inch
1inch was co-founded by Sergej Kunz and Anton Bukov, who developed the initial concept during a New York City hackathon in 2019. Their 60-hour prototype evolved into one of DeFi’s fastest-growing products, now handling billions in trading volume.
Key Milestones:
- 2019: Launched as a hackathon project.
- 2020: Released Pathfinder algorithm.
- 2021: Expanded to multiple blockchain networks.
- 2023: Introduced limit orders and other advanced features.
1INCH Tokenomics (2025 Data)
| Metric | Value |
|---|---|
| Market Cap (Jul 2025) | $247M |
| Daily Trading Volume | $4.6K |
| Total Supply | 1.5B 1INCH |
| Circulating Supply | 1.5B 1INCH |
Understanding Market Capitalization
Market cap reflects the total value of all circulating 1INCH tokens, calculated as:
Market Cap = Current Price × Circulating SupplyThis metric helps compare 1INCH’s size relative to other cryptocurrencies.
Trading Volume Insights
Daily volume indicates market activity. The $4.6K volume (as of July 2025) shows trader engagement, though this fluctuates with market conditions.
Where to Buy and Trade 1INCH
👉 Buy 1INCH securely on Phantom
The token is available across multiple platforms, including decentralized exchanges and aggregators like Phantom.
Trading Tips:
- Monitor liquidity depth when placing large orders.
- Compare gas fees across platforms during high network congestion.
- Use limit orders to control execution prices.
FAQ Section
What makes 1inch different from other DEX aggregators?
1inch’s Pathfinder algorithm provides superior route optimization by analyzing more variables (liquidity depth, fees, gas costs) than basic aggregators.
How does 1inch generate revenue?
The protocol earns fees from swaps routed through its system, sharing a portion with liquidity providers.
Can I stake 1INCH tokens?
Yes, 1inch offers staking opportunities through its liquidity pools, allowing users to earn passive income.
Is 1inch available on multiple blockchains?
Absolutely. 1inch supports Ethereum, Binance Smart Chain, Polygon, and other EVM-compatible networks.
How secure is 1inch?
The platform employs audited smart contracts and allows users to retain full custody of their funds—a core DeFi principle.
Why did my swap fail?
Common reasons include insufficient gas fees, price slippage beyond set limits, or temporary liquidity shortages.
👉 Explore advanced trading strategies with 1INCH
👉 Start swapping tokens at optimal rates today