1inch Weekly Recap #102
1inch Weekly Recap #102
1inch released updates including the 1inch Wallet v1.20 for Android and the 1inch Portfolio update. The 1inchDAO has live proposals on Snapshot. THORWalletDEX and Velvet Capital were integrated with 1inch. There was a 1inch Davos meetup on liquidity and market making in a DEX or CEX, as well as regulating DeFi. According to Flashbots, 1inch is the market's volume leader and second in user numbers. BitDegree launched a campaign to explore the mysteries of the 1inch Network. There was also media coverage of the #1inchParty in Davos at WEF2024.
🦄 #1inchWeeklyRecap #102 Updates and integrations: 📱 The @1inchWallet v1.20 for Android with an enhanced transaction activity is out now: play.google.com/store/apps/det… 💼 The #1inchPortfolio update with new chains and protocols was released - portfolio.1inch.io ⚡ The
1inch Co-founder Discusses Future of DeFi Swaps at Paris Blockchain Week
Sergej Kunz, co-founder of 1inch, delivered insights on DeFi's evolution at Paris Blockchain Week. His keynote Expanding Horizons of DeFi: Swap Marketplaces and Beyond covered two major themes: - The integration of AI in DeFi (DeFAI) - Future developments in swap marketplaces The presentation took place at the Carrousel du Louvre, highlighting key innovations in decentralized trading platforms. Watch the full keynote: [Paris Blockchain Week Keynote](https://youtu.be/9zdM0WwLC5c) Learn more about DeFAI: [Panel Discussion](https://www.youtube.com/watch?v=jzWfy0CANnk)
1inch DEX Achieves Record $4.5B Daily Trading Volume
1inch, a decentralized exchange aggregator, has reached a significant milestone with $4.5 billion in trading volume within 24 hours. This represents a 10-12x growth from previous levels. Key points: - Volume growth from $100M to $200M in cross-chain swaps over 30 weeks - Current daily volume shows exponential growth - Platform continues to offer gas-free swaps at competitive rates Trading activity can be verified on [1inch platform](http://app.1inch.io) and [Dune Analytics](http://dune.com/1inch/main) for detailed metrics.
Bitcoin Pizza Day: From 2 Pizzas to Millions
Today marks Bitcoin Pizza Day, commemorating the first real-world BTC transaction in 2010 when Laszlo Hanyecz traded 10,000 BTC for two pizzas. At today's prices, that amount would buy approximately 43,333,333 pizzas at $15 each - a stark illustration of Bitcoin's value appreciation over 15 years. - Original transaction: 10,000 BTC = 2 pizzas - Current equivalent: 10,000 BTC = 43M+ pizzas - Value increase: ~$600M in today's terms For better crypto swap rates, check out [1inch](http://app.1inch.io).
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)
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.