{
  "url": "https://blockindex.ai/coin/1inch",
  "name": "1inch",
  "links": {
    "github": "https://github.com/1inch",
    "website": "https://1inch.io/",
    "whitepaper": null
  },
  "dScore": 38,
  "market": {
    "priceUsd": 0.07294504346596652,
    "marketCapUsd": 102953212.9427544,
    "volume24hUsd": 8479472.81031125,
    "priceChange7dPct": 1.92337786,
    "priceChange24hPct": -2.19631672
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": 1500000000,
    "circulating": 1411380514.0275033,
    "circulatingPct": 94.09203426850021
  },
  "ticker": "1INCH",
  "founder": "Sergej Kunz, Anton Bukov",
  "vcFunded": true,
  "updatedAt": "2026-06-19T06:00:23.701466+00:00",
  "fairLaunch": false,
  "launchYear": 2019,
  "description": "1inch is a decentralized finance (DeFi) protocol and token ecosystem that began as a DEX-aggregator and has since evolved into a multi-product platform offering routing, AMM liquidity, limit orders, MEV-protected execution and growing cross-chain capabilities. The project was founded by Sergej Kunz and Anton Bukov at an ETHGlobal hackathon in May 2019 and quickly established itself by focusing on execution quality and capital efficiency. Over time 1inch has combined an aggregation protocol (Pathfinder), the 1inch Liquidity Protocol (Mooniswap and successors), a Limit Order Protocol, Fusion for MEV-protected execution, and consumer/developer products including a mobile wallet, APIs, and the Aqua shared‑liquidity initiative. The 1INCH token functions as an ERC-20 governance and utility token across this product suite.\n\nTechnically, 1inch operates primarily on Ethereum as an ERC-20 token while integrating liquidity and execution across multiple chains and L2s, including Polygon, BSC, zkSync Era and, more recently, Solana via native swap integrations. The protocol’s routing engine (Pathfinder) composes routes across many liquidity sources to secure competitive swap rates, and Fusion adds MEV-aware, resolver-based execution to protect users from adverse on-chain extraction. The project’s smart contracts and on-chain metadata show permissive licensing for contract sources and standard Solidity-based implementations; many of the contracts and tooling are publicly verifiable via explorers like Etherscan.\n\nIn terms of use cases and adoption, 1inch serves traders and integrators seeking best-rate execution, LPs seeking improved capital efficiency, and developers/institutions integrating swap and routing functionality via the 1inch APIs. The protocol powers retail swaps through its UI and wallet, supplies liquidity primitives to DeFi composability, and offers enterprise-facing products through 1inch Business. Multi-chain expansion and integrations (wallet providers, Ledger Swap API, block scanners) target broader liquidity access and institutional workflows. Despite notable security incidents tied to frontend supply‑chain compromises and a Fusion v1 exploit, the project has pursued remediation through bug bounties, compensations, multisig transitions and security partnerships.\n\nTokenomics are anchored by an on-chain fixed maximum supply (≈1.5 billion 1INCH tokens) and an active circulating supply (≈1.402B, ~93.5% of max per available sources). The token supports governance (1inch DAO), staking-like mechanics (Unicorn Power) and protocol incentives; specific premine / PIP percentages were not disclosed in the provided materials. Governance is primarily on‑chain via the 1inch DAO, with token-holder proposals and voting shaping treasury allocations, product funding and compensation proposals. Roadmap priorities emphasize Aqua shared liquidity, continued Pathfinder improvements, cross-chain native swaps (including Solana integrations), and developer tooling and enterprise integrations to increase capital efficiency and developer adoption.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 1",
    "isToken": true,
    "consensus": "PoS",
    "parentChain": "ETH"
  },
  "dScoreComponents": {
    "autonomy": 5,
    "ageHistory": 13,
    "governance": 20,
    "nodeDistribution": 0,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Centralized Leaning"
}