The 1inch Network comprises several DeFi protocols offering users one-stop access to the world of decentralized finance. 1inch’s offerings include an aggregation protocol, a limit order protocol, and a spot price aggregator.
Together, they work to offer high liquidity across hundreds of decentralized exchanges (DEXs) across multiple blockchain networks. The comprehensive ecosystem ensures that DeFi users can place the fastest trades on a decentralized exchange without missing any opportunity.
The 1inch ecosystem also consists of the 1inch DeFi Wallet, a convenient way for users to buy, store, transact, and earn cryptocurrencies. The entire 1inch Network is governed in a decentralized manner by the 1inch DAO, a decentralized autonomous organization.
1INCH is the native token of the 1inch Network. It is used to participate on the platform, and token holders can also contribute to the decentralized governance by voting on proposals about the future evolution of the DeFi powerhouse.
