1INCH 

1INCH Price

What is the 1INCH coin?

1INCH is the governance token of the 1inch Network, a decentralized exchange (DEX) aggregator that splits and routes token swaps across multiple DEXs to secure better rates and lower slippage. Holders vote on protocol parameters through the 1inch DAO. The ecosystem serves retail DeFi traders, wallet users and, since the December 2021 Series B, institutional clients. Routing runs across more than 18 networks, per the official project site.

How does the 1inch DEX aggregator work?

The 1inch protocol divides a single trade into portions and routes each portion to the liquidity source with the best available rate. Aggregating orders across venues reduces slippage on large swaps. Swaps execute on-chain through smart contracts, so users keep custody of their funds throughout the trade. The protocol also supports limit orders and developer-facing Swap APIs.

Is 1INCH a coin or a token?

1INCH is a token: an ERC-20 deployed on Ethereum, with no blockchain of its own. Per DropsTab data, the main contract sits at 0x111111111117dc0aa78b770fa6a738034120c302, verifiable on Etherscan, with additional deployments on BNB Chain, Polygon, Avalanche, zkSync, Gnosis Chain, NEAR and Energi. The token's utility is governance voting in the 1inch DAO, plus historic staking and farming mechanics.

What is 1INCH's total supply and tokenomics?

Per DropsTab data, the maximum and total supply are both fixed at 1,500,000,000 1INCH. No mechanism inflates the token beyond this hard cap, and the official token-release post confirms the same 1.5 billion figure. Allocation spans six buckets: Community Incentives holds the largest share at 30% (450M tokens), Core Contributors hold 22.5%, and Backers hold 18.5%.

How does 1INCH's vesting schedule affect sell pressure?

Per DropsTab vesting data, 38 scheduled unlock events across six buckets followed the December 25, 2020 token generation event. Investor and contributor buckets carried roughly a one-year cliff, then semi-annual tranches from December 1, 2021 (for example, 67.5M Core Contributors and 55.5M Backers 1 per tranche). The final scheduled unlock fell on November 25, 2024, so the fixed-supply vesting is complete. Any further emissions would require new 1inch DAO decisions, meaning no calendar-driven unlock overhang remains from these buckets.

Who invested in 1inch, and what does the backing signal?

Per DropsTab fundraising data, 1inch raised roughly $190M across three VC rounds. A $2.8M seed in August 2020 was led by YZi Labs (previously Binance Labs), with Dragonfly Capital and Galaxy participating. A $12M Series A in December 2020 was led by Pantera Capital, with Blockchain Capital and ParaFi Capital joining. The $175M Series B of December 2021, at a reported $2.25B valuation, brought in market makers and institutional names: Amber Group led, with Jane Street Capital and Gemini Frontier Fund participating. Tier-1 funds, exchange arms and trading firms across the cap table signal institutional-grade credibility.

What did the 1inch airdrop require to qualify?

1inch ran a retroactive airdrop at its December 2020 token launch. Wallets qualified by making at least one trade before September 15, 2020, or by completing four or more trades, or by generating more than $20 in volume, per the official token-release post. A follow-up liquidity-mining program across six pools (1INCH-ETH, -DAI, -WBTC, -USDC, -USDT and -YFI) distributed 0.5% of supply in two weeks from December 26, 2020. Both campaigns have ended.

Where can you buy 1INCH, and how liquid is it?

Per DropsTab data, 1INCH trades on more than 80 markets: 45+ spot pairs, 10+ perpetual-futures venues and 25+ on-chain DEX pairs. Spot anchors include Binance (1INCH/USDT, 1INCH/USDC), Coinbase (USD, EUR, GBP), OKX, Bybit and Kraken, with fiat books in KRW, TRY and INR on venues such as Upbit, Coinone and WazirX. On-chain, liquidity concentrates on Uniswap (v2, v3 and v4), PancakeSwap v2 and Quickswap. Tier-1 centralized coverage with USD and EUR books means price discovery does not depend on thin DEX pools.

Can US users access 1inch?

1inch is a decentralized routing protocol without a central operator, so US retail access depends on venue-level and frontend policies rather than on the protocol itself. Per DropsTab data, 1INCH trades against USD on Coinbase, Kraken and Crypto.com. Whether an individual user can transact depends on each venue's own restrictions and applicable regulation.

Is 1inch a wallet app?

No. 1inch is a DEX aggregator and DeFi ecosystem; the wallet is one product inside it. The self-custodial 1inch Wallet runs on iOS and Android and connects to the same swap routing as the web dApp. The broader suite includes the swap dApp, limit orders, Swap APIs and cross-chain swaps across 18+ networks.