What is the current version of 1inch exchange?

The current version of 1inch Exchange is V2, and it introduced what is now a main feature of the aggregator: Pathfinder. What is Pathfinder? Pathfinder is a protocol that calculates and suggests one or several exchange routes.

What is 1inch and how does it work?

1inch is a DEX aggregator that picks and chooses the cheapest crypto prices across decentralized exchanges. Here's how it works. 1inch's main product is a DEX aggregator that works out the best crypto prices across decentralized exchanges. The platform launched its governance token, 1INCH, in December 2020.

What does the 1inch Exchange logo mean?

The idea behind it is to symbolize efficiency, like the 1-inch punch is the epitome of efficiency in martial arts. In a similar way, the logo, manic unicorn, comes from their roots in CryptoManiacs, but also to contrast Uniswap’s cute unicorn. How Does 1inch Exchange Work?

What are the benefits of the 1inch exchange?

One of the greatest benefits of using the 1inch Exchange is how it can lower the gas fees paid for transactions. With current transaction fees ranging from $30 – $60 or more on a good day, it is increasingly important to minimize gas fees. 1inch does this in two ways: through “Infinite Unlock” and its CHI Gas Tokens.