Monthly digests

1inch Monthly Digest: November 2023

1inch Network-photo

by 1inch Network

• 2 min read

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

Updates, news and integrations

November’s main release was the 1inch Portfolio, a game-changing solution in the DeFi space that enables users to obtain comprehensive information about their crypto portfolios.

Based on the 1inch Portfolio API, this portfolio tracker delivers portfolio data and detailed analytics to users on a single screen. Users no longer have to check multiple apps for data about their crypto assets held in various wallets and/or on multiple blockchains.

Another addition to the 1inch product lineup was the History API rolled out in the 1inch Developer Portal in a bid to expand the range of innovative Web3 tools offered to developers.

Only a handful of transaction history solutions are currently available, and the 1inch History API is set to take a prominent space among them, delivering an accurate, detailed and well-organized transaction history for any address on multiple blockchains.

Events

On November 11-12, the 1inch team attended the Australian Crypto Convention, held at the Melbourne Convention & Exhibition Center. Sergej Kunz, 1inch co-founder, gave a talk, “1inch Fusion: a new standard for token swaps.”

As part of the event, on November 12, 1inch hosted an afterparty, “Lock, Stock & One Swapping Unicorn.” The attendees celebrated the magical world of DeFi with quest games, delicious food & drinks and super-danceable DJ sets.

Later in November, 1inch landed in Istanbul to participate in Devconnect, a week-long gathering of independent Ethereum events, including DeFi Boat, Nethermind Summit, unStable Summit, ETH Infra Day, Intent.wtf Meetup and the ETHGlobal hackathon.

In addition to collecting insights from talks by Kirill Kuznetsov, 1inch backend lead, and Samuel Yim, 1inch CBDO, Devconnect attendees were able to have quite a bit of fun at unStableParty, presented by 1inch in collaboration with Bitget Wallet. 

Key stats

  • Ethereum: $319.2B in volume, 14.6M swaps, 2.4M users
  • BNB Chain: $39.7B in volume, 21.6M swaps, 4.2M users
  • Polygon: $23.35B in volume, 20M swaps, 2.5M users
  • Optimism: $4.4B in volume, 2M swaps, 464.9K users
  • Avalanche: $5.79B in volume, 2.1M swaps, 493.3K users
  • Fantom: $1.2B in volume, 1.3M swaps, 131.5K users
  • Arbitrum: $13.68B in volume, 5.7M swaps, 1M users
  • Base:  $239.37M in volume, 202.8K swaps, 77.5K users
  • Gnosis:  $366M in volume, 2M swaps, 65.5K users
  • 1inch Fusion: $14.6B in volume, 1.8M swaps, 615.3K users

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

1inch Network-photo

1inch Network

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