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1 1INCHPrice $ 0.0981
Rank: 227
1INCH Price
1inch (1INCH) has rebranded to 1 (1INCH). For more information, please check the official announcement: https://blog.1inch.com/1inch-reb....
General Info
Contracts/Explorers:
Ethereum
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1 (1INCH) Chart
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1INCH
What is 1 (1INCH)?
What Is 1 (1INCH)?
1 is a decentralized exchange (DEX) aggregator, connecting several DEXes into one platform to allow its users to find the most efficient swapping routes across all platforms. In order for a user to find the best price for a swap, they need to look at every exchange — DEX aggregators eliminate the need for manually checking, bringing efficiency to swapping on DEXs.
DEX aggregators work by sourcing liquidity from different DExs, meaning that they are able to offer users better token swap rates than they could find on any single DEX, in the shortest time possible.
1 launched in August 2020 after a $2.8 million funding raise from Binance Labs, Galaxy Digital, Greenfield One, Libertus Capital, Dragonfly Capital, FTX, IOSG, LAUNCHub Ventures and Divergence Ventures.
In December 2020, 1inch raised another $12 million in Series A funding, led by Pantera Capital, with others including ParaFi Capital, Blockchain Capital, Nima Capital and Spartan Group. The funding round was conducted through a SAFT sale (simple agreement for future tokens).
1 Price Today
1's current price is $ 0.0981, it has dropped -0.19% over the past 24 hours.
1's All Time High (ATH) of $ 8.50 was reached on 27 Oct 2021, and is currently -98.8% down.
The current circulating supply of 1 is 1.41 Billion tokens, and the maximum supply of 1 is 1.50 Billion.
1’s 24 hour trading volume is $ 7.39 Million.
1's current share of the entire cryptocurrency market is 0.01%, with a market capitalization of $ 138.15 Million.
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