Liquidity aggregator on the Ethereum blockchain
1inch Exchange is a decentralized exchange aggregator that was built on top of the Ethereum network. It aims to provide users with the best prices on the market by splitting orders among multiple decentralized exchanges in one single transaction. At the time of writing, users can connect their wallet to 1inch platform and access popular decentralized exchanges like Mooniswap, Uniswap, Balancer, and more.
In addition to helping users to find the best rate, 1inch platform also helps them with finding the best platform with the lowest fee to trade their tokens. The DeFi platform also offers its own pool and with the GasToken, offers cheaper trading fees compared to other networks. Traders can use 1inch to trade various tokens on the Ethereum network, including trading a custom token.