1inch in November: cross-chain swaps take center stage for users

1inch is excited to share the November digest of major news and updates.

Updates, news and integrations

November marked a milestone for 1inch with the full-scale launch of cross-chain swaps, now available for all users in the 1inch Wallet and 1inch dApp.

With cross-chain swaps, users retain complete self-custody of their assets, while the architecture ensures secure and efficient transactions across networks.

Since its beta launch on September 18, cross-chain swaps have become a key innovation in DeFi, processing millions in total volume and enabling seamless swaps across multiple L1 and L2 blockchains. Designed with security in mind, cross-chain swaps offer optimal rates and gasless execution while ensuring users maintain full control over their assets.

To celebrate this release, we created a fun video showing how 1inch brings together Ethereum, Base, BNB Chain, Arbitrum, Polygon, Optimism and Avalanche. Check out how 1inch helps them connect!

In other updates, the 1inchWallet is now officially WalletConnect certified, highlighting our commitment to improving on-chain user experiences. Additionally, the Fluid DEX integrated with 1inch.

Events

1inch is dedicated to spreading the Web3 message to users around the globe. To support this mission, we actively participated in major crypto events across South Asia and Australia this November.

In mid-November, the 1inch team landed in Bangkok to take part in one of the year’s busiest crypto weeks, which included Devcon and the ETHGlobal Bangkok hackathon. Hackathons hold a special place in 1inch’s story, as our journey began at an ETHGlobal hackathon in New York back in 2019.

From South East Asia, 1inch headed Down Under to attend the Australian Crypto Convention, a premier crypto event welcoming over 10,000 guests. 

One year after our debut in Australia, we were excited to return, showcasing our products and championing DeFi and Web3 to a broader audience.

The Australian Crypto Convention also featured the inaugural GM Crypto Run, where 1inch’s co-founder Sergej Kunz participated alongside other crypto enthusiasts.

Key stats

TOTAL: $564.6B in volume, 124.6M swaps, 20.9M wallets

1inch Fusion: $39.4B in volume, 4M swaps, 1M wallets 

Ethereum: $426.5B in volume, 23.6M swaps, 3.9M wallets

BNB Chain: $48.3B in volume, 33M swaps, 6.5M wallets

Polygon: $28.3B in volume, 25.9M swaps, 3.3M wallets

Arbitrum: $30.3B in volume, 12.8M swaps, 2M wallets

Optimism: $7.7B in volume, 4M swaps, 852K wallets

Base: $9.5B in volume, 13.2M swaps, 1.3M wallets

Avalanche: $9.8B in volume, 3.5M swaps, 745K wallets

Fantom: $1.6B in volume, 1.6M swaps, 186K wallets

Gnosis:  $1B in volume, 2.5M swaps, 113K wallets

Stay tuned for more updates and announcements from 1inch!