1inch Price (1INCH)

1inch Network (1INCH) is a decentralized platform that brings together various protocols to facilitate operations in the decentralized finance (DeFi) space. The network's first protocol is a decentralized exchange (DEX) aggregator that searches across multiple liquidity sources, aiming to provide users with competitive rates. The 1inch Network also includes the 1inch Liquidity Protocol, an automated market maker (AMM) that strives to protect users from front-running attacks and aims to provide opportunities to liquidity providers. The 1INCH token, the network's governance and utility token, allows holders to participate in the network's governance, including treasury management.

1inch Network operates through a series of protocols. The 1inch Aggregation Protocol uses the Pathfinder algorithm to find paths across over 300+ liquidity sources on 10 chains, including Ethereum, BNB Chain, Polygon, Avalanche, and others. This protocol aims to offer users competitive rates by aggregating deals from multiple liquidity sources. The 1inch Liquidity Protocol is an automated market maker (AMM) that strives to protect users from front-running attacks and provide opportunities to liquidity providers. The 1inch Limit Order Protocol facilitates innovative and flexible limit order swap opportunities in DeFi. The 1INCH token allows holders to stake their tokens and participate in the network's governance.

1inch Network strives to improve the DeFi space by offering users streamlined, and resilient operations. It aims to offer users competitive rates by aggregating deals from multiple liquidity sources. The network also provides an opportunity for users to participate in its governance through the 1INCH token. Users can stake their tokens, participate in the network's governance, and may receive a part of the fees as compensation. With the 1inch Fusion, users can stake 1INCH tokens and may be compensated with Unicorn Power (UP), which can be delegated to any 1inch Fusion Resolver.

1inch Network was founded by Sergej Kunz and Anton Bukov during the ETHGlobal New York hackathon in May 2019. In just over two years, the 1inch DEX aggregator has reached 1M users and surpassed a significant volume on the Ethereum network alone. In December 2020, 1inch raised funds in Series A funding, led by Pantera Capital, and in December 2021, it closed a Series B round, led by Amber Group. The network has since continued to grow and expand, introducing new features and protocols to enhance its offerings in the DeFi space.

We update our 1inch to GBP currency in real-time. Get the live price of 1inch on Coinbase.

The current market cap of 1inch is £425.25M. A high market cap implies that the asset is highly valued by the market.

The all-time high of 1inch is £7.16. This all-time high is highest price paid for 1inch since it was launched.

Over the last 24 hours, the trading volume of 1inch is £52.02M.

Assets that have a similar market cap to 1inch include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of 1inch is 1.4 billion.

The median time that Coinbase customers hold 1inch before selling it or sending it to another account or address is 24 days.

1inch ranks 113 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 82% of Coinbase users are buying 1inch. In other words, 82% of Coinbase customers have increased their net position in 1inch over the past 24 hours through trading.

Yes, 1inch is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy 1inch guide.