1INCH Token token
Overview
1INCH is the native governance token of the 1inch Network, a decentralized exchange (DEX) aggregator. It enables holders to vote on protocol proposals, stake for fee discounts, and participate in network governance.
Within the DeFi Intel graph, 1INCH Token connects to 3 tracked entities, most strongly to Ethereum, 1inch Fusion, 1inch.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 3 of 3 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 90% |
supports_token | 1inch Fusion | 90% |
governs | 1inch | 90% |
More on 1INCH Token
Frequently asked questions
Who founded 1inch?
Sergej Kunz and Anton Bukov founded 1inch in May 2019 at the ETHGlobal hackathon in New York City.
What does 1inch actually do?
It aggregates many decentralized exchanges and splits a trade across multiple venues so users get a better overall rate; its routing algorithm is called Pathfinder.
Is 1inch custodial?
No. Swaps are executed by smart contracts and users keep control of their own wallets throughout.
Related reading
Sources
Facts on this page were verified against the following sources.