Table of Contents
1inch is a network of protocols on Ethereum and EVM blockchains. It is most known for its swap protocols, but this is only the beginning for what 1inch has to offer the community. Beyond swapping, 1inch also has a comprehensive set of APIs that can be used to build out any blockchain application. Token details/prices, gas costs, and transaction analysis are just some of the data that is available through 1inch APIs. Additionally, 1inch has also created public goods like Token Plugins, enabling users to design ERC20 tokens with more security and modularity. Let's take a quick look at some of the many tools 1inch has built to supercharge applications.
1inch has four swap protocols:
Each of these swap protocols has the same goal: give users efficient access to onchain liquidity. Let's briefly look at each one:
Classic Swap (previously known as Aggregation Protocol) is 1inch's original swap protocol and has been a leader in onchain swaps since 2019. It was heavily used during DeFi summer and has never let go of its position as the best DEX aggregator on Ethereum. The router is currently on version 6 and is trusted by protocols across the entire ecosystem.
Limit Order Protocol is an onchain orderbook system, enabling tokens to be listed at a specific price for a specific token. This asynchronous approach to swaps gives users gasless execution. Our orderbook protocol is also tracked by our aggregation protocol to further reduce price impact for swaps.
Note: Stop-loss orders are not supported natively.