Loading, Please wait...
Loading in progress
1inch network
1inch Network company profile covering its DEX aggregator, wallet, 1INCH token, products, team, funding, and milestones.
Last updated 17 days ago
Company Info
1inch Network is an aggregation protocol and DeFi ecosystem established back in 2019 by the founders, Sergej Kunz and Anton Bukov. It was developed by Degensoft Ltd., a company that allows users to swap cryptocurrency through different decentralized exchanges, ensuring optimal trading paths, best prices, and low fees for transactions.
In contrast to ordinary decentralized exchanges that use one liquidity source, 1inch uses hundreds of sources of liquidity from decentralized protocols on Ethereum, BNB Chain, Polygon, Arbitrum, Optimism, Base, Solana, Avalanche, zkSync Era, Linea, Gnosis, Sonic, and many more blockchains.
1inch Network Details:
|
Attribute |
Details |
|
Blockchain Networks Supported |
Ethereum, BNB Chain, Polygon, Arbitrum, Optimism, Avalanche, Base, Gnosis Chain, Fantom, Linea, Sonic, and other EVM-compatible networks |
|
Native Token |
|
|
Token Utility |
Governance, staking, protocol incentives, DAO participation |
|
Supported Wallets |
MetaMask, Trust Wallet, Coinbase Wallet, Ledger, Trezor, WalletConnect-compatible wallets, 1inch Wallet |
|
Mobile App |
Yes (iOS & Android) |
|
Security Features |
Smart contract audits, non-custodial architecture, MEV protection (Fusion), hardware wallet compatibility |
|
Smart Contract Audits |
Audited by multiple security firms including OpenZeppelin, ConsenSys Diligence, and ChainSecurity |
|
Use Cases |
Token swaps, best-price routing, cross-chain swaps, liquidity aggregation, DeFi trading, DAO governance |
|
Main Competitors |
|
|
Funding Status |
Venture-funded |
|
Notable Investors |
Pantera Capital, Amber Group, Nima Capital, Dragonfly, Jane Street, VanEck, Fenbushi Capital, Alameda Research (historical), Galaxy Digital and others |
|
Primary Focus |
Finding the most efficient token swap routes across decentralized exchanges while minimizing slippage and gas costs. |
Key Features of 1inch Network:
- Facilitates zero-bridge cross-chain swaps of tokens between 13+ blockchain networks.
- Fusion Protocol is designed to make gas-saving and MEV-secure intent-based trades.
- Limit Order Protocol helps to place on-chain limit orders that do not require paying gas fees before order execution.
- Develops a non-custodial 1inch Wallet to keep, swap, and manage cryptocurrencies.
- Has a 1inch Portfolio that helps to monitor portfolio and liquidity positions.
1inch Network Milestones:
| Year | Achievements |
|---|---|
| 2019 | The 1inch DEX aggregator was created by Sergej Kunz and Anton Bukov through the ETHGlobal hackathon that took place in New York and came up with an intelligent solution to aggregate liquidity among decentralized exchanges. |
| 2020 | Formal launch of the 1inch platform, two private fundraising events, the 1INCH governance token, and 1inch DAO. |
| 2021 | Release of 1inch Wallet, Limit Order Protocol, and $175 million raised through a funding round where the value of the firm was put at $2.25 billion. |
| 2022 | Launched the Fusion Protocol, bringing about intent-based swaps that increase efficiency and shield users from front-running and MEV exploits. |
| 2024 | Integrated advanced MEV protection, wallet screening, and completed the distribution of the 1INCH token supply while expanding ecosystem products. |
| 2025 | Extension of the 1inch network on the Solana blockchain, introduction of bridgeless cross-chain swaps of assets on Solana and EVM blockchains, announcement of the new look of the company at the TOKEN2049 conference, launch of Aqua - a liquidity layer for DeFi. |
FAQs
Company Details
Launch Date
Feb-2020
Company Size
Medium (51-250)
Total Employees
- + 3
Sergej Kunz, anton bukov, Holly Atkinson and 3 Others
Contact Details
Terrance B. Lettsome Airport, Other Islands , British Virgin Islands
Social Media
Primary Category
Board Members and Advisors
Holly Atkinson
Chief Product & Technology Officer
Vladimir Kozlov
Editor in Chief
Sylvia Jarzebowska
Contributor
Irena T
Head of Sales & Business Development
All Members
Company-driven Events
Result Not Found
The requested search filter did not yield relevant results.
| # | Investors | Funding Date | Funding Round | Fund Raised |
|---|---|---|---|---|
Company Insights & Details
Get a complete snapshot of the company’s foundation, valuation, employees, business model, recent posts, and social media presence. These insights help you evaluate its operations, growth, and public footprint. If something needs to be updated,Notify Us
Similar Companies
Arianee Protocol
Arianee company profile covering its platform overview, features, verified team, and milestones.
France
PixelPlex
PixelPlex company profile covering its platform overview, features, team and milestones.
United States
Bettoblock
Bettoblock company profile covering its platform overview, features, and milestones.
United Arab Emirates
Oodles Blockchain
Oodles Blockchain company profile covering its company overview, blockchain features, and milestones.
India
Track Your Portfolio