CoinYQ

What is 1INCH?

1INCH is the governance and utility token of 1inch Network, a DEX aggregator that finds the best prices across multiple decentralized exchanges. 1INCH provides governance and fee benefits.

What problem does 1INCH solve?

DEX liquidity is fragmented across platforms. 1inch aggregates liquidity from multiple DEXs to provide users the best swap rates and lowest slippage.

How does 1INCH work?

1inch's Pathfinder algorithm splits orders across multiple DEXs for optimal execution. 1INCH holders vote on governance and receive fee benefits. The network includes 1inch DEX, 1inch Wallet, and 1inch Fusion.

Key facts

  • Ticker: 1INCH
  • DEX aggregator
  • Pathfinder algorithm
  • Governance and fee benefits
  • Multi-chain support

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Frequently asked questions

What is 1inch?

A DEX aggregator that finds best prices across exchanges.

What is 1INCH used for?

Governance voting and fee benefits.

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