1inch

Today is the final day to enter the contest to win a #1inch sweater. The prizes will be delivered worldwide, and the winners will be announced tomorrow. To participate, retweet and like the original tweet and keep your DMs open for a surprise.

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.

According to an analysis by Cyrille Pastour from Swaap Finance, 1inch has surpassed Uniswap in frontend trading volume. The Uniswap team responded, raising some points about the methodology. 1inch has created a comprehensive dashboard comparing the two platforms, showing that 1inch often leads in volume. This trend may indicate that users increasingly prefer 1inch in volatile markets. Despite competition, 1inch sees an opportunity to collaboratively enhance Web3 alongside Uniswap.

The 1inch team has reviewed their systems in response to the Ledger incident and confirms that their dApp remains secure and unaffected. As a precautionary measure, all Ledger libraries have been temporarily removed from the platform. Further updates will be provided.

1inch and Tide_web3 are teaming up for Sprint 2 of the Optimism's Symphony. Users can swap on Optimism via 1inch for a chance to win rewards, with 50 participants randomly chosen to receive 20 $OP tokens each.

1inch is participating in the world's largest Ethereum hackathon. They are offering bounties and a $20K prize fund. Check their quoted tweet for more details.

In 2023, there were significant innovations and new features in the DeFi space. 1inch played a central role in enhancing protocols and introducing new solutions, contributing to the future of decentralized finance.

The latest update from the 1inch community announced that #1inchFusion has been deployed on the BuildOnBase platform. This integration allows for seamless swaps on Base with zero transaction costs, access to market liquidity, and other features to enhance the Web3 experience.

1inch Developer Portal has added the History API, offering well-organized and detailed transaction data for blockchain addresses. The History API provides scam protection, comprehensive data support, and fast response times. It is designed for versatility and efficiency, making it suitable for building wallets, DEXes, and other Web3 apps.

1inch dApp ensures no swap fees for smooth token swaps. While other projects are introducing swap fees of up to 0.875%, 1inch is committed to providing a better user experience and fostering the growth of the Web3 market without risking users' assets.