The history of 1inch (1INCH) began in 2019 as a decentralized exchange aggregator with optimal trading routes across multiple blockchains.

1inch aggregates liquidity from multiple decentralized exchanges across various blockchains, offering users optimal trading routes and competitive rates for their token swaps.

1inch utilizes the Pathfinder algorithm to find the most efficient paths for token swaps, minimizing slippage and providing users with improved trading experiences.

1INCH serves as the utility and governance token of the 1inch platform, allowing holders to participate in governance decisions and access various features within the ecosystem.

1inch's decentralized exchange aggregation services are accessible to decentralized applications (DApps) on multiple blockchains, enhancing liquidity and trading options within the broader crypto ecosystem.

1inch's development focuses on improving the decentralized exchange aggregation platform. Ongoing efforts include optimizing routing algorithms, integrating new liquidity sources, and exploring cross-chain functionalities.