#1inch in 2023: Redefining #DeFi
#1inch in 2023: Redefining #DeFi
In 2023, #1inch experienced remarkable growth in its community, technological advancements, and swap volume. Despite a crypto winter, #1inch saw a 62% increase in swaps, 88% growth in users, and $114B in volume. The platform demonstrated growth on Ethereum with a 70% increase in swaps and 30% user base growth. #1inch also launched the 1inch Developer Portal and became involved in numerous events and campaigns. The platform aims to collaborate with Uniswap to enhance the Web3 ecosystem.
🦄 #1inchWeeklyRecap #97 Updates and integrations: ⚡ @1inchDAO’s proposal [1IP-48], '#1inch Network Support Grant Proposal,' is live on @SnapshotLabs until Dec 23 - snapshot.org/#/1inch.eth/pr… 📈 @CyrillePastour from @SwaapFinance: “1inch surpassed #Uniswap by frontend trading
🦄 #1inchWeeklyRecap #98 Updates and integrations: 📲 The @1inchWallet v2.3.0 for iOS, introducing the Cloud Snapshots feature, is now available - apps.apple.com/us/app/1inch-c… 💥 Check out your 2023 #crypto highlights at portfolio.1inch.io or in the #1inchWallet 👛 The
1/ #1inch in 2023: Redefining #DeFi 🌅 As 2023 comes to a close, join us in reflecting on a transformative year. We've seen remarkable growth in our community, technological advancements and an increase in swap volume - dune.com/1inch/main Explore our yearly highlights ⤵️
1/ Yesterday, @CyrillePastour from the @SwaapFinance team highlighted an intriguing development in the DEX space. 📊 According to his analysis, #1inch has surpassed @Uniswap in frontend trading volume by November 2023: x.com/CyrillePastour…
Let's debunk the biggest myth in DeFi. @Uniswap is not the largest DEX. Data shows that @1inch in fact should get the title! In most DeFi rankings, Uniswap ranks 1st among DeXes by raw volume. See for instance the famous @DuneAnalytics dex.trades table. Yet, the devil is in
1inch Expands Integration Options with Unichain and Bug Bounty Programs
1inch Network announces multiple initiatives to strengthen DeFi development: - New integration with Unichain offering seamless cross-chain swaps and 1-second blocks via optimistic rollups - Launch of Unite DeFi hackathon with ETHGlobal offering $525,000 in prizes - Bug bounty program with HackenProof featuring rewards up to $500,000 across 5 tracks - Developer Portal updates supporting new chain integrations Integration tools and documentation available at [1inch Developer Portal](http://portal.1inch.dev) Developers can participate in both the hackathon and bug bounty programs to help shape the future of DeFi.
1inch Launches Bug Bounty Program with Rewards up to $500k
1inch has announced a comprehensive bug bounty program offering rewards up to $500,000 for identifying critical vulnerabilities. The program covers 5 key tracks: - Smart contract security - Infrastructure vulnerabilities - Protocol integrity - User fund protection - System architecture Security researchers can participate by finding and reporting bugs through official channels. The reward structure is tiered based on vulnerability severity: - Critical: Up to $500,000 - High: Up to $50,000 - Medium: Up to $5,000 - Low: Up to $1,000 Learn more at [1inch Bug Bounty Program](https://blog.1inch.io/1inch-bug-bounty-programs/)
Unite DeFi Builders Program Opens Applications
The Unite DeFi Builders Program is now accepting applications for its next cohort. This initiative aims to support developers looking to contribute to the DeFi ecosystem. - Program focuses on filling critical gaps in DeFi infrastructure - Open to both experienced developers and promising newcomers - Application process is now live Interested builders can access the application form through the official Unite DeFi portal. The program offers mentorship, technical resources, and potential funding opportunities for selected projects. **Key Requirements:** - Clear project vision - Technical capability demonstration - Commitment to ecosystem development *Application deadline approaching - early submissions encouraged*
1inch Integrates with Sonic Labs, Launches Developer Portal Features
1inch Network has announced integration with Sonic Labs, bringing enhanced EVM capabilities to their ecosystem. Key features include: - Sub-second transaction execution - MEV protection - Optimized cross-chain swap rates - Minimal fee structure The 1inch Developer Portal now offers: - Integration across 13+ networks including Ethereum, Solana, Base, BNB, and Linea - 16 customizable APIs - Flexible RPS settings - Scalable API call volume - Custom user number configurations Developers can access these features through the [1inch Developer Portal](http://portal.1inch.dev) with configurable subscription plans.
Solana Foundation President Lily Liu Featured in Dubai Announcement and Upcoming Podcast
Lily Liu, President of the Solana Foundation, recently visited Dubai for a key Solana announcement. She will be featured in an upcoming podcast alongside notable guests: - 1inch co-founder Sergej Kunz (@deacix) - Alexandra Fetisova (@daosasha) This follows her recent appearance at Consensus Hong Kong in February, where she discussed Solana's role in PayFi and the future of finance. *Previous engagement:* - February 17th speaker at Consensus Hong Kong - Focus on Solana and PayFi developments - [Event registration](https://lu.ma/10xsqb5z)