I'm curious to know, which blockchain network does the decentralized exchange protocol 1inch operate on? I've heard about its liquidity aggregation capabilities and the ability to source tokens from multiple sources, but I'm not sure which blockchain infrastructure it utilizes. Is it Ethereum-based? Or perhaps it's compatible with other leading smart contract platforms? Clarifying this information would help me better understand the scope and reach of 1inch's services within the decentralized finance ecosystem.
8 answers
Stefano
Sat Jun 29 2024
Liquidity providers benefit from the increased exposure and access to a wider user base.
alexander_smith_musician
Sat Jun 29 2024
The objective is to identify the most profitable platforms for its users.
CryptoWizardry
Sat Jun 29 2024
1inch Network grants access to a robust network of 116 sources.
Tommaso
Sat Jun 29 2024
The 1inch Network serves as a DEX aggregator, a platform tailored for liquidity providers.
Eleonora
Sat Jun 29 2024
These sources span across the Ethereum ecosystem, Binance Smart Chain, and the Polygon Network.