- 1inch consists of the 1inch.exchange DEX Aggregator as well as the 1inch Liquidity Protocol (formerly called Mooniswap).
- 1inch.exchange DEX Aggregator: employs an advanced algorithm that searches over 33 liquidity protocols (as at 25 Dec 2020) to discover the most efficient swap paths so traders can receive the most efficient trade prices.
- 1inch Liquidity Protocol: an Automated Market Maker (AMM) that makes use of a new mechanism called Delayed Price Updates to protect swappers from front-running, and to increase Liquidity Provider (LP) earnings and reduce arbitrageurs' profits.
- The 1INCH token is the native ERC-20 token of the 1inch protocols and is a governance and utility token that will be used to govern all protocols developed by 1inch (starting with 1inch.exchange and 1inch Liquidity).
- 1inch introduces a new governance framework called Instant Governance where 1INCH token holders and key protocol stakeholders (e.g. LPs) can vote directly on protocol parameters.
- One of the key instant governance features is that token stakers or LPs can constantly and dynamically vote to change protocol settings, without having to wait for proposals to be submitted or concluded.
- 1inch raised ~14.8MM USD from private investors for approximately 30.8% of the 1INCH total token supply between August to December 2020.
- The total 1INCH token supply is 1,500,000,000, with token allocations as follows:
- Core Backers and Contributors: ~53.3%
- Community Incentives: 30.0%
- Protocol Growth and Development: ~14.4%
- Advisors: 2.30%
Ranking 99/105 1INCH Price $6.85 Price Change 24h $1.51 24h Low / 24h High $5.24 / $6.81 24 Hour Trading Vol $346,249,922.01 Market Cap $1,056,097,593.79 Max Supply 1,500,000,000 Circulating Supply 156,671,623 1INCH Price History 7d Low / 7d High $5.19 / $6.81 30d Low / 30d High $3.78 / $6.81 90d Low / 90d High $3.07 / $6.81 52 Week Low / 52 Week High $0.7612 / $6.81All Time High $6.81 Website https://1inch.io/ About 1INCH Technical Analysis 1INCH/USDT https://s3.tradingview.com/snapshots/o/odJ78Wpm.png