What it is
1inch is a decentralized exchange aggregator that scans multiple DEXs to find the best swap rates for users.
Unlike AMM platforms, 1inch does not rely on its own liquidity pools.
Instead, it routes trades through:
Uniswap
Curve
Sushi
Balancer
And many others
This ensures optimized pricing and reduced slippage.
No registration or KYC is required.
How it works
Connect wallet
Select token pair
1inch scans liquidity across DEXs
Smart routing splits trade if needed
Confirm transaction
Swap executed on-chain
The platform may divide a single swap into multiple transactions across different DEXs to improve execution price.
All operations remain fully non-custodial.
When to use it
Use 1inch when you:
Want the best swap rate
Trade large volumes
Minimize slippage
Operate across multiple chains
Avoid centralized exchanges
Not ideal if you:
Provide liquidity (not its core purpose)
Want simple single-pool interaction
Trade with leverage
Video tutorials
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