DeFi

1Inch

Builds decentralized protocols and contributes to the development of the 1inch Network. Also backed by Fenbushi, Binance, Alameda, and Amber.

About

1Inch

Discover
1Inch

1inch Network is a decentralized finance (DeFi) platform that aggregates liquidity from various exchanges to facilitate efficient and secure token swaps at the best possible rates. It employs a sophisticated algorithm to scan multiple DEXs (Decentralized Exchanges) in real-time, ensuring users receive optimal swap rates with lower slippage and fees. 1inch Network's governance token enables community-driven decision-making, aligning with the decentralized nature of the platform. The project's support from Fenbushi Capital, Binance, Alameda Research, and Amber Group signifies its importance in providing a critical infrastructure layer for the DeFi space.