The 1inch Network’s first protocol is a decentralized exchange (DEX) aggregator solution that searches deals across multiple liquidity sources, offering users better rates than any individual exchange. The 1inch Aggregation Protocol incorporates the Pathfinder algorithm for finding the best paths across over 70+ liquidity sources on Ethereum, 40+ liquidity sources on Binance Smart Chain, 20+ liquidity sources on Polygon, 40+ liquidity sources on Avalanche, Optimistic Ethereum, Arbitrum and Gnosis Chain. In just over two years the 1inch DEX aggregator has reached 1M users and surpassed $120B in overall volume on the Ethereum network alone.
The 1inch Liquidity Protocol is a next-generation automated market maker (AMM) that protects users from front-running attacks and offers attractive opportunities to liquidity providers.
The 1inch Limit Order Protocol facilitates the most innovative and flexible limit order swap opportunities in DeFi. The protocol’s features, such as dynamic pricing, conditional orders, and extra RFQ support, power various implementations, including stop-loss and trailing stop orders, as well as auctions.