Latest posts of: 1inchExchange

⛓️ 1inch Weekly Chain Stats #7

Curious about how 1inch is performing across supported blockchains? 🔎 Check out our weekly stats! Week-over-week changes are shown in parentheses.

☯️ 1inch Fusion mode: $5.1B in volume (+$150.4M) | 441.1K swaps (+22.2K) | 107.2K users (+4.5K)

🔷 Ethereum: $259.5B in volume (+$1B) | 10M swaps (+98.1K) | 1.8M users (+13.6K)

🟡 BNB Chain: $34.3B in volume (+$128.1M) | 15.5M swaps (+113.6K) | 3M users (+22.3K)

🟣 Polygon: $19.1B in volume (+$72.4M) | 12.9M swaps (+118.3K) | 1.4M users (+16.1K)

🔴 Optimism: $2.4B in volume (+$68.6M) | 960.8K swaps (+29.7K) | 207.9K users (+7.1K)

🔺 Avalanche: $3.9B in volume (+$45.8M) | 908.4K swaps (+21.5K) | 128.2K users (+3.8K)

🟦 Fantom: $879.9M in volume (+$12.6M) | 722.3K swaps (+11.4K) | 23.7K users (+1.2K)

🔵 Arbitrum: $5.7B in volume (+$277.1M) | 2.3M swaps (+129.6K) | 381.8K users (+23.9K)

🦉 Gnosis: $219.8M in volume (+$1M) | 204.7K swaps (+2.9K) | 11.4K users (+179)

In late March, 1inch co-founder Sergej Kunz spoke at the Crypto Assets Conference in Frankfurt! 🗣

He shared his insights on how excellent user experience helps to promote DeFi adoption. 🏦

📺 Watch the full video on our YouTube channel: https://youtu.be/Q37oBZKEw5g

🦄 1inch Weekly Recap #55

Dear community, we invite you to read a brief overview of 1inch news for the past week.

Updates, News, and Integrations:

☯️ 1inch's Fusion mode provided an average exchange rate better than the market

⚙️ Zyberswap V3 and Swapr AMM were integrated with 1inch

🎗 ‘Stake and Delegate with 1inch' quest on Layer3 is live

🌊 1inch completed a new combined batch of February gas refunds and March incentives

Events:

🇺🇸 1inch team are at ETHDenver! We took over 4 different stages with speeches, keynotes and panels. Also we brought a bunch of new merch, including awesome snowboards, which the event's participants had a chance to win

🇫🇷 1inch is sponsoring the Paris Blockchain Week Summit

Achievements:

🟡 1inch entered BSCDaily’s top of 40 best BNB Chain dApps 2023 in the DeFi section

🔷 1inch hit 1.8M users on the Ethereum network

Media:

📃 1inch Monthly Digest: February

🔝 How to bring 1bn users to DeFi | Sergej Kunz at EBC 2023

📈 Leveling Up DeFi | Francesco Abbate at EBC 2023

🤝 Revolut: “Grateful for the excellent cooperation with 1inch”

📊 1inch to launch a dedicated analytics dashboard for its ecosystem following DAO vote

👛 Hardware wallets: what’s important to consider

📰 Catch up with the latest 1inch updates in our February digest!

ℹ️ In this issue: 1inch x BurritoWallet partnership announcement, the 1inch RabbitHole update, various integrations, key stats and more.

👉 Read: https://blog.1inch.io/1inch-monthly-digest-february-5d82bf5cf3ec

Whoa, looks like we're going to need a bigger boat! 🛥️

1inch just hit 1.8 million users on the Ethereum network.

That's a lot of DeFi enthusiasts riding the wave 🏄 with us. Let's keep it going!

📊 Check out our dashboard: https://dune.com/1inch

Want to get insights 🔎 into crypto adoption, decentralization and building through a bear market?

Then don't miss our 2nd video from European Blockchain Convention 2023, featuring Francesco Abbate, 1inch Pro chairman, on the panel 'Leveling Up DeFi'! 🚀

▶️ Watch now: https://youtu.be/qVs3cF7On_0

🌊 Welcome the new combined batch of gas refunds for February and incentives for March, distributed under the 1inch Resolver Incentive Program & Delegation Incentive Program!

✅ 1.4M 1INCH tokens have already been paid out as gas refunds to 1inch resolvers.

✅ In addition, 1M 1INCH tokens have been paid out as incentives to 1inch resolvers.

💼 How to become a resolver: https://docs.1inch.io/docs/fusion-swap/how-to-become-resolver

⚠️ The programs will run until the entire combined 20M 1INCH fund is distributed.

📚 1inch Resolver Incentive Program blog post: https://blog.1inch.io/1inch-launched-the-1inch-resolver-incentive-program-ddc394030e85

📚 Delegation Incentive Program blog post: https://blog.1inch.io/1inch-incentivizes-unicorn-power-delegation-ee381551f78

📹 Get ready for an eye-opening talk from 1inch co-founder Sergej Kunz on how to bring 1bn users to DeFi at the European Blockchain Convention 2023!

This video is packed with insights and ideas that will help you take your DeFi knowledge to the next level.

▶️ Watch now: https://youtu.be/J0mtzIjd2ho

Who you hang out with says a lot about you, and we're feeling pretty cool with Revolut 🤟

We even launched a 'Learn & Earn' 👨‍🏫 course together, as learning about DeFi shouldn't be boring!

👉 Read the first article from the new '1inch Partners' series: https://blog.1inch.io/revolut-grateful-for-the-excellent-cooperation-with-1inch-ae278e0d47df

🔥 ETH burned weekly update

🔷 Ether burned over the last 7 days:
342.76 ETH | $564.3K 🔽 36.63% compared to the previous week

🔷 Ether burned in total:
44,311 ETH | $132.5M 🔼 0.77% compared to the previous week

⚡️ We’re excited to share a recent example of how powerful 1inch Fusion Mode could be!

Just imagine swapping 3,700 WETH into USDT and getting an average exchange rate better than the market. Namely, $1,606.04 for 1 ETH as opposed to $1,605.46.

This isn’t magic, this is how Fusion works 🦾

So here's what happened:

💰 A user was swapping a large sum and was supposed to receive less than they eventually received because of price impact.

🙏 Thanks to 1inch Fusion Mode, their transaction was split into a bunch of parts, each of which was executed by resolvers achieving the best auction price.

That’s the whole story, guys 😎

🦄 1inch Weekly Recap #54

Dear community, we invite you to read a brief overview of 1inch news for the past week.

Updates, News, and Integrations:

🔄 The 1inch RabbitHole got an update: Uniswap liquidity providers’ protection and bloXroute support were added

📄 1inch’s audit report was completed by Pessimistic

☑️ Proposals [1IP-17] ‘1inch DAO Donation to Humanitarian Relief Efforts in Turkiye’ and [1IP-18] ‘1inch Analytics Dashboard’ are live

✅ Proposals [1IP-15] ‘Update 1inch DAO Voting Process to Include ‘Abstain’ option’ and ‘[1IP-16] Community Governance Incentives’ were accepted

📊 1inch announced a new stat section: Weekly Chains Stats

Events:

🇺🇸 ‘Unicorn Ugly’ party hosted by 1inch will take place in Denver on March 4

👨‍💻 1inch announced 4 challenges for ETH Denver Hackaton participants

👾 The 9th 1inch Network DAO Community Call with guests from Crypto Tax Calculator and Opolis was held on Discord

Achievements:

🥇 1inch led LunarCrush’s top of 15 projects

☯️ 1inch Fusion Mode smashed past $2B in volume

🟣 1inch surpassed 1.4M users on the Polygon network

Media:

🪙 Wrapped tokens: blockchain limitation disruptors

⛓️ 1inch Weekly Chain Stats (24/02/2023)

1inch is pleased to announce an updated version of the Key Stats!

We included in-depth analytics of the previous week's data 🧐 for each blockchain. This allows you to view data on volume and swap and user numbers in the past 7 days.

Comparison with the previous week:

☯️ 1inch Fusion Mode: +$200M in volume | +37K swaps | +8.4K users

🔷 Ethereum: +$1.7B in volume | +123.8K swaps | +14.3K users

🔶 BNB Chain: +$156.2M in volume | +185.7K swaps | +34.9K users

🟣 Polygon: +$153.6M in volume | +148.8K swaps | +16K users

🔴 Optimism: +$77.9M in volume | +35.1K swaps | +4.4K users

🔺Avalanche: +$110.9M in volume | +33.7K swaps | +2.3K users

🟦 Fantom: +$12.3M in volume | +10.3K swaps | +826 users

🔵 Arbitrum: +$212M in volume | +132.1K swaps | +15.9K users

🦉 Gnosis: +$1.3M in volume | +2.1K swaps | +177 users

Here comes a mind-blowing 10-figure achievement, as 1inch Fusion Mode ☯️ smashes past $2B in volume!

Keep your seat belts fastened, because we're taking the DeFi world by storm. 🌪️

The total number of swaps 🔁 is 214K and the total number of unique wallets 👤 is 59K.

🏆 Top 5 most popular trading pairs on Fusion:

🥇 USDT - USDC
🥈 USDC - WETH
🥉 USDC - USDT
🏅 DAI - USDC
🎖️ USDT - WETH

📊 Check out the 1inch Fusion Mode dashboard here: https://dune.com/1inch/fusion

Curious about wrapped tokens? 🤔

🔍 These tokens represent the value of a blockchain’s native asset on another blockchain. If you're interested in learning more about this topic, read on.

👉 Check out our latest blog post to dive deeper: https://blog.1inch.io/wrapped-tokens-blockchain-limitation-disruptors-f953571d371a

🐇 Meet the latest 1inch RabbitHole update!

🛡️ Now, user protection extends beyond 1inch swaps to cover Uniswap liquidity providers, as well.

Moreover, besides flashbots, we've also included bloXroute support into the 1inch RabbitHole in order to protect users from front-running/sandwich attacks more effectively.

➡️ Check out this step-by-step guide to learn more: https://help.1inch.io/en/articles/6766865-what-is-1inch-rabbithole-protection-and-how-does-it-work

📢 We invite you to vote for 3 active proposals from the 1inch Community on Snapshot!

1. The first proposal is about updating the voting process by adding an 'Abstain' ✋ option.

📊 Cast your vote and show your support for [1IP-15].

🔗 https://snapshot.org/#/1inch.eth/proposal/0xb0690fac4b8237f3408da9375267bb3b1a0afa1c24d5fa9449127d233485692f

2. Do you want to be rewarded 🪙 for your contributions?

The community governance incentive proposal [1IP-16] seeks to do just that! Cast your vote 📢 and show your support for this exciting initiative.

🔗 https://snapshot.org/#/1inch.eth/proposal/0xa974bdb0054389e4a2229b68138fb51ba9ad8176264e63ddb9cf0f834bdb35d6

3. Let's come together and make a difference! A proposal has been made to donate US$100,000 towards humanitarian relief efforts in 🇹🇷 Turkey.

Support [1IP-17] to show that you care. 🙌 Let's help those in need!

🔗 https://snapshot.org/#/1inch.eth/proposal/0xb748c0fa726bb7c7051d474b9273147920d9a2119c9e062ac5231d3edc70f49e

We've reached new heights! 🎢 1inch now has 1.4 million users on the Polygon network.

Just remember, folks, don't get too dizzy from all the DeFi rollercoaster action! 🤪

📊 Check out our dashboard: https://dune.com/1inch

🔥 ETH burned weekly update

🔷 Ether burned over the last 7 days:
541 ETH | $1.73M 🔼 40.8% compared to the previous week

🔷 Ether burned in total:
43,969 ETH | $132.9M 🔼 1.25% compared to the previous week