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1inch is a decentralized exchange (DEX) that aggregates data from multiple DEXs and provides the best trade options to users. The protocol allows users to search for the most lucrative swaps across 170+ DEXs in 10 blockchain networks - including Ethereum, Polygon, Avalanche and Fantom - through a single interface. On top of dynamic pricing, implementation of limit orders and even auctions, 1inch boasts a hyper-secure network with multiple code audits from several top-notch audit firms.

To offer the best swap price to users, 1inch automatically splits orders across different DEXs to get the best deals. Besides seeking out the best prices, 1inch also allows users to swap tokens across different blockchain networks. For instance, users can trade their ERC-20 token for a BEP20 one.

1inch has a governance token with the same name. With 1INCH tokens, people can vote for changes and updates via its DAO and be rewarded for their participation. Furthermore, 1INCH can be locked in liquidity pools and yield farming for more rewards.