1inch monthly digest: March

The 1inch Network is happy to present you the March digest of major news and updates.

Updates, news and integrations

In March, a major update of the token search and management functionalities in the 1inch Wallet v1.21 for Android was released, enabling users to effortlessly navigate their token portfolios.

The improvements include convenient filters and a long-tap menu, as well as an ability to import any tokens to a user’s list, even those without a balance or find interesting coins with reflection icons for trending tokens, Coingecko & CoinMarketCap.

In another major development, the second phase of 1inch's Community Builders Program was launched. The primary emphasis of phase 2.0 is on educating the online Web3 community about 1inch’s tech, with a sub-focus on the APAC region.

Meanwhile, thanks to the Dencun upgrade on March 13, 1inch users now enjoy significantly lower L2 fees on zkSync, Optimism, Arbitrum and Base. 

As 1inch continues to collaborate with the DeFi space’s most promising projects, portfolio rebalancing tool Threebalance, SafeWallet and liquidity provider Lumia were integrated with 1inch.

Also, 1inch users can now earn Hinkal points from the confidential transaction protocol Hinkal.

Events

In March, 1inch contributors attended several major crypto events around the globe.

1inch’s software engineer Tanner Moore participated in the DeFi Day by Dystopia Labs during ETHDenver 2024 with a keynote on powering dApps with 1inch. Meanwhile, 1inch CFO Chae Ho Shin gave the talk 1inch Fusion: A New Standard for Blockchain Swaps at ETH Vietnam and our partners & community lead attended WalletCon in Lisbon.

Key stats

• 1inch Fusion: $22.5B in volume, 2.62M swaps, 777K users 
• Ethereum: $353.4B in volume, 16.8M swaps, 2.9M users
• BNB Chain: $44M in volume, 25.8M swaps, 5.1M users
• Polygon: $26.1B in volume, 22.1M swaps, 2.8M users
• Optimism: $5.7B in volume, 2.5M swaps, 597K users
• Base: $1.1B in volume, 985K swaps, 307K users
• Avalanche: $7.6B in volume, 2.7M swaps, 618K users
• Fantom: $1.4B in volume, 1.5M swaps, 155K users
• Arbitrum: $18.4B in volume, 7.6M swaps, 1.3M users
• Gnosis:  $562.2M in volume, 2.3M swaps, 89K users

Stay tuned for more exciting news and announcements from the 1inch Network!