1inch Network (1INCH)
|Volume / Market Cap||0.1000|
|Total Supply||1,500,000,000 1INCH|
1inch Network is currently trading at $0.4502, after a price change of 3.40% in the last 24 hours.
Ranked as cryptocurrency #85 by capitalization today, 1INCH market cap is valued at $355,762,102. 1INCH trading volume reached $35,577,229 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on 1INCH coin price prediction page.
What is 1inch Network?
1inch Network unifies decentralized protocols for higher returns, speed and secure decentralized finance support. The platform’s API v3 pathfinder is a routing algorithm that provides an ideal asset exchange rate in the aggregator protocol. Pathfinder looks for the most efficient paths for a swap in BSC, Polygon, Ethereum and Arbitrum liquidity sources.
The protocol offers a customized API endpoint for enterprise customers. The 1inch limit order protocol has multiple smart contracts compatible with EVM blockchains. Regular limit order and RFQ order are the order types in the protocol aimed at versatility and gas cost-efficiency. The Smart contracts allow limit order requests and RFQ orders that could be settled on-chain afterwards.
The two order types are data structures built off-chain and signed based on the EIP712 standard. 1inch decentralized application supports the placement of limit orders. The Network’s non-custodial signed orders are opened and accessible via REST API endpoint for completing trades in an on-chain order.
1INCH is the native token powering a 1inch Network. There are 409,023,442.44 1INCH tokens from a total supply of 1,500,000,000. Sergej Kunz and Anton Bukov founded 1inch Network in May 2019.