1INCH Price
1INCH
How Much is 1 1INCH (1INCH)
Convert 1INCH to your currency
Last Updated on Dec 25, 2025 10:47 AM
What is 1INCH?
About the coin
1inch Network is a decentralized exchange (DEX) aggregator designed to help users discover the best trade prices for tokens. Instead of swapping tokens from a single liquidity pool of a DEX, 1inch aggregates across different pools and suggests the most efficient way to trade tokens. This approach allows users to access a broader range of liquidity and potentially better prices.
Main features
One of the main features of 1inch is its ability to provide optimal trading paths for large token trades. Traders dealing with significant amounts may not be aware of all available liquidity across different DEXes, which can affect the price quote they receive. Since price quotes offered by DEXes fluctuate according to the liquidity pool at any given time, 1inch aims to solve this by offering a user-friendly interface that aggregates liquidity and provides the best possible trading path.
How it works
The core of 1inch's functionality is its Pathfinder algorithm, which is responsible for discovering and routing the most efficient token swap routes. For instance, if a user wants to exchange ETH for WBTC, Pathfinder will explore various DEXes such as Uniswap, Curve, Balancer, DODO, and Sushiswap. It then recommends a route that optimizes fees and liquidity, ensuring users receive the best rate without needing to check each individual service. This innovation streamlines the trading process and enhances the user experience.
1inch was founded by Sergej Kunz and Anton Bukov, with the idea being developed at a hackathon in New York City in just over 60 hours. Today, it stands as one of the fastest-growing DeFi products.
Wallet for 1INCH
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Tangem supports networks for 1INCH
- Ethereum
- Bnb Smart Chain
- Base
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1INCH FAQ
- 1INCH is a blockchain-based digital asset used for transferring value and interacting with decentralized applications. It operates without central control, relying on distributed network technology.
- Key features include scalability, low fees, and fast processing. 1INCH supports developers and users who need a flexible blockchain environment.
- 1INCH represents the same asset as 1INCH. The ticker is simply a short label for trading and listing purposes.
- You can buy 1INCH using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- The safest option is to use a hardware wallet that keeps your private keys offline. Tangem provides secure cold storage protection.
- 1inch isdedicated to advancing a secure and compliant DeFi ecosystem. By uniting with forefront security and compliance specialists, we set the standard for safety and compliance, ensuring our users navigate the DeFi space with confidence.
How to secure 1INCH with Tangem Wallet?
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Why choose 1INCH wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
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