1inch Network | CoinWIKI

What is 1inch Network?

1Inch is a distributed network for decentralized protocols on BSC enabling the most lucrative, fastest and protected operations in DeFi. The initial protocol of the 1inch Network is a DEX aggregator solution that searches deals across multiple liquidity sources, offering users better rates than any individual exchange.

This protocol incorporates the Pathfinder algorithm which finds the best paths among different markets over more than 12 liquidity sources on Binance Smart Chain. In less than two years the 1inch DEX aggregator surpassed $30B in overall volume. The 1inch Aggregation Protocol facilitates cost-efficient and secure swap transactions across multiple liquidity sources. The 1inch Limit Order Protocol facilitates the most innovative and flexible limit order swap opportunities in DeFi. The 1inch spot price aggregator is a set of smart contracts that extract price data for tokens traded on DEXes from the blockchain.

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