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Convert and Swap 1inch 1INCH to United States Dollar USD

1INCH/USD: 1 1inch equals $0.28 USD

Last update: 6:26 AM, November 10, 2024

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1inch is climbing this week.

The current price of 1inch is $0.28 per 1INCH. With a circulating supply of 1,278,395,732.426 1INCH, it means that 1inch has a total market cap of $361,718,575.87. The amount of 1inch traded has risen by $5,877,908.90 in the last 24 hours, which is a 19.39% increase. Additionally, in the last day, $30,315,556.59 worth of 1INCH has been traded.

$361.7M
$30.3M
1.3B 1INCH

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About 1inch

1INCH is an Ethereum token that powers 1inch, a decentralized exchange that aims to offer the “best rates by discovering the most efficient swapping routes across all leading DEXes.” Decentralized exchanges (a.k.a. DEXes) like 1inch enable users to transact tokens without an intermediary. 1inch aggregates token prices across decentralized exchanges in order to find the best prices for users.

1inch (1INCH) is a decentralized network that brings together various protocols to facilitate efficient, secure, and profitable operations in the decentralized finance (DeFi) space. The network's first protocol is a decentralized exchange (DEX) aggregator that searches for the best deals across multiple liquidity sources, providing users with better rates than any individual exchange. The 1inch Network also includes the 1inch Limit Order Protocol, which offers innovative and flexible limit order swap opportunities, and the 1inch Wallet, a multichain mobile platform for secure storing, transaction, and staking capabilities. The 1INCH token is the governance and utility token of the 1inch Network, allowing holders to participate in the network's governance and earn a portion of the fees.

1inch operates through a series of protocols. The 1inch Aggregation Protocol uses the Pathfinder algorithm to find the best paths across over 400+ liquidity sources on 12 chains, including Ethereum, BNB Chain, Polygon, Avalanche, and others. The 1inch Limit Order Protocol allows for innovative and flexible limit order swap opportunities, with features such as dynamic pricing and conditional orders. The 1inch Wallet provides an easy-to-navigate interface for secure storing, transaction, and staking capabilities. The 1INCH token holders can stake their tokens to participate in the network's governance, including the management of the 1inch DAO Treasury.

1inch aims to enhance the DeFi space by providing users with the most lucrative, fastest, and protected operations. It offers users better rates than any individual exchange by searching deals across multiple liquidity sources. The 1inch Limit Order Protocol facilitates innovative and flexible limit order swap opportunities, enabling various implementations, including stop-loss and trailing stop orders, as well as auctions. The 1inch Wallet provides secure storing, transaction, and staking capabilities, streamlining interactions with 1inch’s features. Additionally, 1INCH token holders can participate in the network's governance and earn a part of the fees.

1inch was founded by Sergej Kunz and Anton Bukov during the ETHGlobal New York hackathon in May 2019. The project quickly gained traction, reaching 1M users and surpassing $150B in overall volume on the Ethereum network alone in just over two years. In December 2020, 1inch raised $12 million in Series A funding, followed by a $175 million Series B round in December 2021. The project has continued to evolve, introducing new features and protocols to enhance its offering in the DeFi space.

How 1inch and United States Dollar differ

1inch (1INCH) and the US Dollar (USD) are fundamentally different in their nature and functionality. 1inch is a decentralized network that operates in the decentralized finance (DeFi) space, aiming to provide efficient, secure, and profitable operations. It includes a decentralized exchange (DEX) aggregator that seeks to find the best deals across multiple liquidity sources, a Limit Order Protocol for flexible limit order swap opportunities, and a Wallet for secure storing, transaction, and staking capabilities. The 1INCH token, the network's governance and utility token, allows holders to participate in the network's governance and earn a portion of the fees. On the other hand, the US Dollar is a traditional, centralized fiat currency issued by the Federal Reserve. It is used for all types of transactions, from buying groceries to international trade, and does not offer the same level of participation or potential earning opportunities as 1inch. Unlike 1inch, which operates on blockchain technology and can be transacted globally without intermediaries, USD transactions often involve banks or other financial institutions and are subject to government regulations.

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1INCH to United States Dollar conversion tables

The exchange rate of 1inch is increasing.

The current value of 1 1INCH is $0.28 USD. In other words, to buy 5 1inch, it would cost you $1.41 USD. Inversely, $1.00 USD would allow you to trade for 3.53 1INCH while $50.00 USD would convert to 176.68 1INCH, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 21.15%. Meanwhile, in the last 24 hours, the rate has changed by 4.24%, which means that the the highest exchange rate of 1 1INCH to United States Dollar was $0.29 USD and the lowest 24 hour value was 1 1INCH for $0.26 USD. This time last month, the value of 1 1INCH was $0.25 USD, which is a 13.86% decrease from where it is now. Looking back a year, 1inch has changed by $0.39 USD. That means that in a single year, the value of 1inch has shrank by 28.18%.

1INCH to USD performance history

Price 24H ago
Change 24H
Price 1W ago
Change 1W
Price 1M ago
Change 1M
Price 1Y ago
Change 1Y
$0.27 USD
4.24%
$0.23 USD
21.15%
$0.25 USD
13.86%
$0.39 USD
-28.18%

1INCH to USD

Amount
Today at 6:26 am
0.5 1INCH
$0.14
1 1INCH
$0.28
5 1INCH
$1.41
10 1INCH
$2.83
50 1INCH
$14.15
100 1INCH
$28.30
500 1INCH
$141.50
1,000 1INCH
$283.00

USD to 1INCH

Amount
Today at 6:26 am
0.5 USD
1.77 1INCH
1 USD
3.53 1INCH
5 USD
17.67 1INCH
10 USD
35.34 1INCH
50 USD
176.68 1INCH
100 USD
353.36 1INCH
500 USD
1,766.78 1INCH
1,000 USD
3,533.57 1INCH

Today vs. 24 hours ago

Amount
Today at 6:26 am
24 hours ago
24H Change
0.5 1INCH
$0.14
$0.14
+4.24%
1 1INCH
$0.28
$0.27
+4.24%
5 1INCH
$1.41
$1.36
+4.24%
10 1INCH
$2.83
$2.72
+4.24%
50 1INCH
$14.15
$13.57
+4.24%
100 1INCH
$28.30
$27.15
+4.24%
500 1INCH
$141.50
$135.75
+4.24%
1,000 1INCH
$283.00
$271.50
+4.24%

Today vs. 1 month ago

Amount
Today at 6:26 am
1 months ago
1M Change
0.5 1INCH
$0.14
$0.12
+13.65%
1 1INCH
$0.28
$0.25
+13.65%
5 1INCH
$1.41
$1.25
+13.65%
10 1INCH
$2.83
$2.49
+13.65%
50 1INCH
$14.15
$12.45
+13.65%
100 1INCH
$28.30
$24.90
+13.65%
500 1INCH
$141.50
$124.50
+13.65%
1,000 1INCH
$283.00
$249.00
+13.65%

Today vs. 1 year ago

Amount
Today at 6:26 am
1 year ago
1Y Change
0.5 1INCH
$0.14
$0.19
-26.49%
1 1INCH
$0.28
$0.38
-26.49%
5 1INCH
$1.41
$1.92
-26.49%
10 1INCH
$2.83
$3.85
-26.49%
50 1INCH
$14.15
$19.25
-26.49%
100 1INCH
$28.30
$38.50
-26.49%
500 1INCH
$141.50
$192.50
-26.49%
1,000 1INCH
$283.00
$385.00
-26.49%

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