{"id":6303,"date":"2021-08-26T16:24:07","date_gmt":"2021-08-26T16:24:07","guid":{"rendered":"https:\/\/tokpie.io\/blog\/?p=6303"},"modified":"2026-02-17T22:36:20","modified_gmt":"2026-02-17T22:36:20","slug":"trade-1inch-token-network","status":"publish","type":"post","link":"https:\/\/tokpie.io\/blog\/trade-1inch-token-network\/","title":{"rendered":"What\u2019s the 1inch Network: 1inch Token"},"content":{"rendered":"\n

If you\u2019re impressed by Uniswap<\/a>, then this article is for you. The fact is that Uniswap is like an elephant in the DeFi jungle. So, meet the 1inch that\u2019s a jaguar. 1inch\u2019s team applies an agile development approach. So, they release updates regularly. Simultaneously the total diluted market cap of the UNI token is $27B, while 1inch token has just $4.5B. So, in Tokpie, we think that this difference will decrease, attracting many new fans into 1inch\u2019s community. In the following paragraphs, you will find basics info about the $1inch. Also, you will get a guide on how to trade 1inch tokens on the Tokpie exchange. <\/p>\n\n\n\n

What\u2019s the 1inch network?<\/h2>\n\n\n\n

The 1inch network is a leading decentralized exchange (DEX) aggregator. It helps users discover the best trade prices for tokens. The most exciting feature is that users can search through multiple chains: Ethereum, BSC Mainnet, Polygon Network, Optimism, and more are coming. So, instead of swapping tokens from a single liquidity pool, 1inch\u2019s aggregator scans different pools to suggest the most efficient way to trade crypto assets. <\/p>\n\n\n

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1INCH’s DEX aggregator searches on many chains.<\/figcaption><\/figure><\/div>\n\n\n

How does 1inch work?<\/h2>\n\n\n\n

The 1inch works on Pathfinder\u2019s routing algorithm to provide people with the best price quote. Moreover, when a person trades a large size, he wants to save every percentage. So, having an optimal trading path is essential for a trader. That makes 1inch\u2019s tools so helpful for crypto whales and ordinary people. <\/p>\n\n\n\n

What\u2019s the 1INCH token?<\/h2>\n\n\n\n

The 1INCH token serves as a governance coin and a utility token. As a result, it facilitates multiple tokenomics. Moreover, token-holders can vote for and receive rewards for that. We never make any price projects here. However, you should check the total market caps of similar companies like UNI<\/a> and CAKE<\/a>. Their FULLY DILUTED MARKET CAPs were around $27,000,000,000 and $11,000,000,000 in August 2021, while 1INCH had just $4,500,000,000. So, consider it when trading. Also, note that the $1INCH runs on many blockchains. But the two most usable chains are Ethereum and Binance Smart Chain.<\/p>\n\n\n\n