What is 1inch API?

The 1inch API is a cutting-edge discovery and routing algorithm that offers non-custodial asset swaps at the most attractive rates in major DeFi ecosystems — Ethereum, BNB Chain, Polygon, and others. It finds the most efficient token swap paths, splitting swaps between different protocols and even different market depths within one protocol.

What is a 1inch token?

The 1INCH token is the utility and governance token of the 1inch protocol and can be used for holding, spending, sending or staking. As the platform’s governance token, 1INCH token holders can vote on and propose updates to the 1inch protocol, such as how fees are structured and distributed across platform users.

What does 1inch do?

An initiative that fosters the 1inch Network's growth and incentivizes contributions through grants and other resources. 1inch is the most audited project in DeFi. See a list of the most important smart contract audits here. A governance tool that enables 1INCH stakers to vote for key protocol parameters.

Who founded 1inch?

Built on the Ethereum blockchain, 1inch was founded in May 2019 by Surjey Kunz and Anton Bukov during an ETHGlobal hackathon. Kunz previously worked as a software engineer for Porsche, while Bukov was a developer who previously worked on the NEAR Protocol.