#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 Network Launches Ambassador Program and Reports Portfolio Growth
1inch Network has announced a new Ambassador Program alongside significant growth metrics for their Portfolio feature: - Portfolio service reaches **410,000 unique wallets** and **200,000 unique users** - Monthly active users exceed **11,000** - New Ambassador Program offers community members opportunities to contribute and earn rewards The Ambassador Program includes multiple levels with specific tasks and rewards. Participants can earn by creating content, engaging with the community, and promoting 1inch products. [Learn more about the Ambassador Program](https://blog.1inch.io/1inch-launches-ambassador-program/) [Check out 1inch Portfolio](http://portfolio.1inch.io)
Institutional Web3 Adoption: Balancing Regulation and Decentralization
A critical discussion on institutional Web3 adoption emerged from our Davos panel *From Vulnerability to Victory*. Key focus areas: - Regulatory clarity requirements - Security infrastructure needs - Maintaining decentralization while achieving mainstream adoption The panel explores how traditional institutions can embrace Web3 while preserving core crypto values like self-custody. Industry experts discuss the delicate balance between regulatory compliance and decentralization principles. [Watch the full panel discussion](https://youtu.be/oPk2WHbboz8)
Swap it
A significant development in the crypto trading landscape has emerged with multiple 'Swap it' announcements in early 2025. The pattern began in January and continued through April, suggesting a coordinated rollout or strategic market movement. While details remain limited, these recurring announcements indicate potential changes in swap protocols or trading mechanisms. - First announcement: January 9, 2025 - Follow-up events: April 11 and 14, 2025 The repetition of this phrase across multiple dates may signal an important shift in DeFi trading infrastructure or policy.
Fusion+ Introduces Gasless Transactions for Cross-Chain Swaps
Fusion+ has unveiled a new feature allowing users to perform gasless transactions for cross-chain swaps. Here's what you need to know: - Users can now sign off-chain orders without paying gas in native tokens - Network fees are covered by resolvers, making swaps cost-free - This feature simplifies the swap process, removing a common barrier Fusion+ continues to innovate in the cross-chain swap space, addressing key challenges like fragmented liquidity and high fees. The platform aims to provide: - Seamless token swaps across supported chains - Enhanced security and best price execution - A user-first approach to cross-chain interactions To learn more about Fusion+ and its features, visit the 1inch blog or try it out in the 1inch dApp.
1inch Wallet Eliminates Blind Signing for Enhanced Security
The 1inch Wallet has introduced a feature that eliminates blind signing, providing users with full visibility into their transactions. This enhancement aims to improve security and user understanding: - Complex transaction details are simplified into clear language - Users can review and approve each transaction with confidence - The feature promotes more secure and informed crypto transactions To experience this improved security measure: 1. Visit https://1inch.io/wallet/ 2. Download the 1inch Wallet 3. Enjoy transparent, secure transactions This update reinforces 1inch's commitment to user safety and transparency in the crypto space.