1inch is a decentralized exchange aggregator that aims to provide traders with the best prices and lowest fees on their transactions. Rather than having to manually check and compare prices across exchanges, 1inch collects real-time pricing data from various DEXs, allowing traders to identify the optimal price across the market and take advantage of trading opportunities within a single platform.
No related events yet.
According to the official announcement, Binance will delist the 1INCH/BTC, WIF/BTC, and XRP/MXN spot trading pairs and suspend trading on April 24 at 11:00.
Odaily News The market landscape for DEX aggregators on Ethereum is shifting, moving from a structure dominated by a single protocol in the past to a more fragmented competitive landscape.Currently, Kyber Network holds the top position with approximately 31% market share, followed closely by CowSwap at around 22%, while 1inch's share has dropped from about 30% to 15%.Analysis suggests this change is related to the ebb of early liquidity mining incentives and also reflects a gradual shift in user behavior from being "incentive-driven" to being driven by "real trading experience."It is worth noting that the statistics only include transactions initiated directly through the aggregators and do not fully reflect the actual influence of protocols serving as underlying routing infrastructure.