💰 1inch Explained: DEX Aggregator Token & Ecosystem in One Video
$1INCH is the native token of the DEX aggregator 1inch, which holds a leading position in the DeFi world. As of early May 2025, the $1INCH token, which is the native asset of the 1inch network, demonstrates the following key metrics:
🟣 Current price: $0.21
🟣 Market Cap: $283M
🟣 Circulating Supply: 1.38M (92% of Max Supply)
🟣 Total offer: 1.5B
🟣 Daily trading volume: $15.23M
🟣 ATH: $9.00
🔒 92% of tokens have already been unlocked — only ~0.04% (664k tokens) remain to be unlocked. This means that the bulk of tokens are already in circulation, and the pressure on the price from new unlocks is minimal.
🪄 $1INCH: Governance and Utility
✨ Governance: $1INCH is the governance and utility token of the 1inch Network. Its holders participate in the governance of the protocols through the DAO, making decisions on key changes and development of the network.
✨ Staking & Unicorn Power (UP): Users can stake #1INCH tokens to earn Unicorn Power (UP), an internal metric of influence in the system. $UP can be delegated to resolvers in Fusion Mode and receive a portion of their fees.
✨ Fusion Mode: This unique mode allows you to place orders with a specified price and execution time without paying network fees. 1INCH is used to participate in the #Fusion mechanics — through staking, delegation and order management.
✨ Liquidity Incentives: The token is used to reward liquidity providers and participants in #DeFi campaigns, including within #Liquidity Protocol, trading, farming and other activities.
✨ Gas Refunds: Some users, upon fulfilling conditions (e.g. participating in #DAO or staking), are given a partial refund of fees (gas-fee) on transactions through #1inch.
✨ Cross-chain Utility: 1INCH is available and used on various networks: Ethereum, BNB Chain, Polygon, Avalanche, Arbitrum, Optimism, zkSync, Base, and now — 🪙 #Solana. In each network, the token retains similar functionality.
If you're interested in learning more about the 1inch ecosystem, which includes a multi-chain DEX, DAO, bank cards, analytics, and more, watch our full video guide on YouTube ⬇️
📹 1inch A to Z: DEX Review for Crypto Newbies
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