Introduced in 2020, 1inch is not really considered as a DEX (decentralized exchange platform) but more of a DEX aggregator. Thanks to the interoperability of the Ethereum network, 1inch allows exchanges to be carried out all while getting the best market rates. Note that the platform also supports Binance Smart Chain, Polygon, Optimistic and Arbitrum networks. 1inch allows you to use the liquidity pools of several decentralized platforms, like Uniswap, to find the best rates for an exchange between two cryptocurrencies.
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