Today news
About the same in other media
‘In the next three to five years, the DeFi industry will grow massively,’ says 1inch Network co-founder Anton Bukov
Reading now: 499
cointelegraph.comIt’s only been two years since its founding, but decentralized exchange (DEX) protocol 1inch Network has already surpassed $85.8 billion in cumulative trading volume. At a May 2019 hackathon in New York City, 1inch co-founders Anton Bukov and Sergej Kunz developed a prototype DEX aggregator that became the basis of the network. DEX aggregators are platforms that source liquidity from multiple DEXs, thereby providing better token swap rates with less slippage.
The network has a 57.40% market share in the DEX aggregator industry and well over 820,000 users. According to CoinMarketCap, 1inch Exchange is the eighth-largest DEX in the world, with a trading volume of $277 million in the past 24 hours.
On Monday, Bukov joined the Cointelegraph
Read more on cointelegraph.comAbout this in other media
What long SHIB traders need to worry about over the next 24 hours ambcrypto.com /3 years ago
Dogecoin could accommodate a 16% decline before the next rally ambcrypto.com /3 years ago
The ‘right time’ for Fantom’s next rally is just round the corner ambcrypto.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
