What is 1inch?
1inch is a decentralized exchange (DEX) aggregator that allows users to access the best prices across multiple DEXs.
It is a non-custodial platform that allows users to trade cryptocurrency without having to trust a third party with their funds. The platform uses smart contracts and an automated market maker (AMM) algorithm to source liquidity from multiple DEXs, including Uniswap, Kyber Network, Bancor, Balancer, and more. This ensures that users can always get the best price for their trades.
1inch also offers a range of features such as atomic swaps, flash loans, and token swaps. Additionally, it has recently launched its own DEX called Mooniswap which provides users with even more options for trading cryptocurrencies.
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