1inch

Rate

At this moment, the price of 1inch is —. The 24-hour trading volume is —. Over the past 24 hours, the price of 1inch has changed from — to —. The daily high reached — over the past 24 hours, while the daily low was —.

History

It began as a hackathon project in 2019 and grew into one of the most used routing layers in decentralised finance. The 1INCH governance token followed in late 2020.

Technology

The routing algorithm searches across automated market makers and private market makers, splitting a single swap into several paths when that reduces slippage. The token governs the protocol and its treasury.

Use cases

Traders follow 1INCH as a read on decentralised exchange volume, since the aggregator earns relevance whenever on-chain trading is busy.

Forecast

Walbi does not publish price targets. What can be said is what moves this instrument: traders follow 1INCH as a read on decentralised exchange volume, since the aggregator earns relevance whenever on-chain trading is busy. It trades here as a USD-settled perpetual contract, so a position carries no ownership of the underlying and funding is exchanged between long and short holders for as long as it stays open.