434843
1inch

@1inchnetwork #434843

A distributed network for various protocols on ETH, BNB Chain, Avalanche, Polygon, OΞ, Arbitrum, Gnosis, Fantom, Klaytn, Aurora, zkSyncEra and Base.
82 Follower 77 Following
Community or infrastructure – what comes first in Web3? 🤔

Our co-founder Sergej Kunz highlights the dilemma: you need a strong community to build infrastructure, but you can't grow it without the right framework.

Find out how this challenge is being solved ▶️
What a fighting weekend it was! 👊 59,000+ fans gathered at the Oktagon 62 MMA event in Frankfurt’s Deutsche Bank Park!

The 1inch mascot on the stadium screen was a highlight 🤩 Admit it, the scale took you by surprise too! Feeling the spirit of a noble battle?

One of the highlights: a warrior in full gear going all out on the punching machine! ⚔️ Who else is ready to unleash their inner fighter?

And of course, the 1inch team brought their energy, kicking things up a notch! So much fun and team spirit 💜

Overall, it was incredible to see tens of thousands of people vibing together! 🫶🔥
DeFi hits harder with the 1inch team at OKTAGON 62! 💥

Visit our booth for the latest updates and drink vouchers 🍻 With a 58,000+ capacity, this is one of the biggest MMA events ever!

📍 Deutsche Bank Park
🕕 Oct 12, 18:00 (+ Live stream)

ℹ️ Details: https://oktagonmma.com/en/events/oktagon-62/

Read more about the 1inch x OKTAGON MMA partnership 👉 https://blog.1inch.io/1inch-and-oktagon-mma-enter-the-second-stage-of-partnership/
What if you didn’t have to worry about which blockchain your tokens are on? 🤩

1inch co-founder Sergej Kunz shared our vision to unify tokens across Ethereum, Solana, NEAR, TON, and more.

Watch what’s coming next 📹👇
📊 1inch Monthly Chain Stats (September)

Another fantastic month for us, with milestones across 12 chains!

TOTAL:
💰 $529.9B in volume (+$5.7B)
🔄 110.6M swaps (+3.6M)
👥 17.8M wallets (+416.5K)

Check the full stats on Dune ➡️ http://dune.com/1inch/main

Top September Performers on 1inch

☯️ 1inch Fusion: +$2.4B in monthly volume
🔹 Ethereum: +$3B in monthly volume, crossed $400B in total volume
🔵 Base: Crossed $1B in monthly volume, reached 10M+ total swaps with a monthly increase of +932.9K swaps
🟠 BNB Chain: +125.5K wallets

Other September Highlights

🔺 Avalanche: 💰+$223.9M 🔄+83.5K 👥+11.6K
🟣 Polygon: 💰+$242.8M 🔄+354.8K 👥+45.2K
🔴 Optimism: 💰+$124.3M 🔄+106K 👥+22K
🦉 Gnosis: 💰+$57M 🔄+24.5K 👥+1.8K
🟦 Fantom: 💰+$3.8M 🔄+28.1K 👥+6.2K

Keep swapping on 1inch for the best rates 🦄
📰 The most interesting 1inch updates you might have missed last month – all in our new digest!

Get the full details on the 1inch Fusion➕ release and whitepaper, major partnerships and global events, as well as blockchain stats.

Find it all here 👉 https://blog.1inch.io/1inch-monthly-digest-september-2024/
6 years ago at ETHGlobal Singapore, Sergej Kunz & Anton Bukov set out to revolutionize crypto 🚀

Now in 2024, we’re back with $20,000 in prizes to support the next wave of BUIDLERS shaping the future of Web3!

Let’s build the future together 🔮✊
At his presentation at #TOKEN2049, our co-founder Sergej Kunz dives deep into the unique benefits of Fusion➕ that change the landscape of cross-chain swaps.

Reveal the insights ▶️
Enabling Fusion➕ cross-chain swaps on app.1inch.io is as easy as 1-2-3:

1️⃣ Make sure you’ve updated to the latest 1inch dApp
2️⃣ Go to swap settings (top right)
3️⃣ Toggle on the Fusion+ switch

Follow this simple guide to get started 👇
We've made cross-chain swaps truly effortless with 1inch Fusion➕

Our explainer shows how we’ve simplified everything for you 🔽
The future of cross-chain swaps is here, and it’s called Fusion➕

Powered by intent-based atomic swaps, it’s a complete reinvention of how cross-chain should be 🔀 Gasless, secure, fully self-custodial, with a seamless UX ✨ Ready to experience perfection? Dive deeper ⬇️

Fusion+ is more than just another cross-chain solution or bridge aggregation☝️ We’ve created a P2P marketplace where it doesn’t matter which network the liquidity is on. Our decentralized resolver network is compliant with address screening, KYB checks and TRM Labs verification.

Fusion+ by 1inch is now in beta, and we’re inviting early users to try it 🤩
It’s so simple:
1️⃣ Visit https://app.1inch.io/ and enable Fusion+ in Settings (required only during the testing period)
2️⃣ Choose tokens and chains to swap
3️⃣ Confirm the swap and keep the tab open.

Learn more in our blog ➡️ blog.1inch.io/1inch-introduces-fusion-plus/

We don’t follow trends, we set them.
🎉 Big congrats to our frens at @WalletConnect on the launch of the WalletConnect Network!

Excited to see how it transforms the way apps and wallets interact across the ecosystem 🔗
Insightful moments from the panel at Boarderless Summit during TOKEN2049, where Sergej Kunz shared thoughts on unifying liquidity across multiple chains ⛓️ with Eugene Ng (DWF Labs/ OpenEden), Simonas Baksys (LayerZero Labs) and Chris Carapola (Curvance).

Great minds, focused on simplifying the Web3 journey 💯
🤝 We're excited to partner with OKX to supercharge OKX Wallet and DEX with our APIs!

Users can now enjoy swaps with the best rates, gasless transactions, and MEV protection—all powered by 1inch Swap & 1inch Fusion APIs 🦾

Learn more in the blog 👇 blog.1inch.io/1inch-and-okx-wallet-partner/
🤜 💥 1inch Kicking Ass Fridays

Did you know 1inch SLASHES price impact by letting market makers partially fill your orders with our game-changing Partial Fills? 🦄

Less price impact. More value. That’s how we roll ✅

Dive deeper 👉 https://help.1inch.io/en/articles/4610960-what-is-the-partial-fill-setting
When they think old school, we think cutting edge
📲 https://1inch.io/wallet/
📄 We’ve just released our white paper on intent-based atomic swaps! This research dives deep into how our technology simplifies cross-chain transactions by automating the process and eliminating off-chain complexities.

Read the full white paper ➡️ https://1inch.io/assets/1inch-fusion-plus.pdf

Current cross-chain solutions face big challenges 💁 They either rely on centralized bridges with serious security risks or use decentralized methods that are overly complex for users. Our new protocol solves this by combining atomic swap security with intent-based simplicity ✅

This white paper shows how intent-based atomic swaps deliver a decentralized cross-chain solution 🔀 Dutch auctions secure the best rates, while resolvers automate trustless swaps across blockchains. It aligns with Vitalik Buterin's vision for true blockchain interoperability 🫡
Layer 2 networks are the solution Ethereum needs to overcome its scalability challenges 🤔 But how close are we to realizing their full potential?

Dive into the 'L2-verse' and see why it's more than just hype—something big is coming soon 👉 https://blog.1inch.io/l2-verse-how-to-deliver-on-promises/

The Blockchain Trilemma—scalability, security and decentralization 🔺 L2 solutions aim to strike the perfect balance, but in practice, enhancing one of these aspects often leads to compromising another

🔄 Optimistic Rollups, ZK-Rollups and sidechains—three approaches with one goal: scaling Ethereum. From assumptions of validity to zero-knowledge proofs and independent chains, each offers unique solutions. Which one will shape Ethereum’s future? 🔮

L2 solutions hold the 🗝️ key to Ethereum's future, but liquidity fragmentation and UX issues remain hurdles. The exciting part? 🦄 1inch is developing a solution that could break through these barriers and reshape the L2-verse.
One ➕ could change it all
🍁 September is packed with major crypto events, including TOKEN2049 and ETHGlobal in Singapore.

We’ve got a lot to showcase at these events! Expect a big release ➕ a hackathon, workshops, and more.

Check out our plans in the blog 👉 https://blog.1inch.io/1inch-all-set-to-take-center-stage-at-septembers-major-web3-events/
Whether it's buying the latest iPhone or transforming economies, this digital revolution is empowering millions 🌐
📊 1inch Monthly Chain Stats (August)

This was another impressive month for us, with growth and milestones across 12 chains!

TOTAL:
💰 $524.2B in volume (+$8.2B)
🔄 107.1M swaps (+2.9M)
👥 17.4M wallets (+343.5K)

Check our stats on Dune ➡️ http://dune.com/1inch/main
🔥 Ready for this? $400B+ in total volume on the Ethereum network—and we’re moving full speed ahead!

While others are still gearing up, we’re already leading the charge and setting the standard ⚡

Wanna see how far we’ve come together? 👉 https://dune.com/1inch/main
🇩🇪 We're proud to sponsor and support the TUM Blockchain Conference 2024 in Munich!

On Sep 12, don't miss our booth and workshop as Alex Neufeld, Developer Portal Lead at 1inch Labs, takes the stage alongside the student-driven blockchain community 🚀

🎟️ Get your tickets 👇 www.eventbrite.com/e/922315539607/?discount=TBCx1inch
Where there’s chaos, there’s always a path to clarity 👉 https://portfolio.1inch.io/