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The DEX aggregator and automated market maker was first deployed on the Optimism mainnet in August 2021.

Last week, 1inch outperformed several cryptos with its higher market capitalization, gaining by over 4% in 7 days. The altcoin's price movement was not unexpected, however, as several developments in its ecosystem accelerated its incline.

The price of One-inch (1INCH) has shown some great strength in recent times against tether (USDT) as the price gears up for a rally to the $1.3 mark. Bitcoin's (BTC) price has shown a little strength bouncing off from key support, leading to most crypto assets popping out from their shell, with the price of One-inch (1INCH), not an exception.

Bitcoin price remained in a range above the USD 19,500 support zone. BTC is currently (11:11 UTC) trading near USD 20,070 and is almost unchanged in a day and down 7% in a week.

OP tokens will be claimable retrospectively by users who made swaps via the 1inch wallet on Optimism. The post 1inch announces 300,000 OP token airdrop for users on Optimism appeared first on The Block.

The 1inch integration with Aurora offers users access “to faster and cheaper transactions on a number of DEXes.” As noted in an update shared with CI, 1inch is always on the lookout for “promising” collaborations, and they're now announcing an integration with Aurora.

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Monthly active users (MAU) on 1Inch Network have declined gradually since November 2021, data from Dune Analytics revealed. In July, the total monthly active users on the all-in-one DeFi platform stood at 94,263.

The 1inch API continues to expand in the DeFi space, “now strengthening the swapping functionality of the KuCoin Wallet, focused on opening the gateway to Web3 world to its users.

The crypto market's bearish performance in the first half of 2022 saw 1INCH extend its retracement from its all-time high (ATH) by as much as 93%. Despite this outcome, the network maintained strong development activity.

KuCoin Wallet integrates 1inch in order to provide native swaps for its consumers worldwide at the most competitive rates available across all decentralized exchange platforms.

Coinspeaker KuCoin Wallet Integrates 1inch to Launch Native Swap Function

The Seychelles-based crypto exchange KuCoin has announced a partnership with 1inch DeFi data aggregator to bring native token swap functionality to its in-house wallet.

The 1INCH crypto is the centralization and utility token of 1Inch Exchange, a decentralized exchange aggregator. The aggregator enables consumers to swap Ethereum and its tokens via liquidity pools, pricing and percentage optimization protocols. 1inch Exchange aims to provide better bargains to consumers by identifying the far more efficient DEX service provider swap routes.

KuCoin has partnered with the 1inch DeFi data aggregator protocol in order to offer native swaps for its users worldwide at the lowest prices available across all decentralized exchange platforms.

KuCoin, one of the leading cryptocurrency exchanges in the world, has announced integration of DEX aggregator 1inch Network to allow for native swaps that will benefit the exchange's users across the globe.

1inch Network expands to another cryptocurrency exchange as KuCoin Wallet integrates its automated market maker functionality to improve token swaps.

Coinspeaker South Korea's Klaytn Announces Its Partnership with DeFi Protocol 1inch

The 1inch Network has integrated its aggregation and limit order protocols to the burgeoning Klaytn blockchain mainnet.

The DeFi market can grow in Korea according to recent statements by 1inch co-founder Sergej Kunz. 1Inch wants to grow in the largely unexplored Asian market, but widespread DeFi adoption is being held back by a lack of understanding.

1Inch plans to expand into a largely untapped Asian market, but a lack of DeFi knowledge is preventing mass adoption

On Christmas Day in 2020, 1inch exchange launched the first token of its kind, the 1INCH. It is a utility token that serves as the governance and utility of the 1inch platform.

The crypto market cap rose by almost $23 billion in the trading hours bringing the market capitalization to $1.6 Trillion.

Wirex, a non-custodial wallet provider, has announced a partnership deal with the 1inch Network.