1inch Network DeFi Monthly digests

1inch Monthly Digest: October 2022

1inch Network-photo

by 1inch Network

• 2 min read

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

Updates, news and integrations

In early October, 1inch unveiled a partnership with Unstoppable Domains, an NFT domain name provider and digital identity platform. The partnership will enable 1inch Wallet users to perform transactions in a more user-friendly way by replacing complex addresses with domain names.

1inch also continues its mission of driving mass adoption of crypto. In a bid to bridge crypto and mixed martial arts (MMA), Unicorn Fighting Tournament (UFT) was launched, the first ever crypto MMA event. The inaugural tournament featured eight fighters battling for a unique NFT belt and a cash prize in 1INCH tokens.

Incidentally, in the same vein, 1inch partnered with Oktagon MMA, one of the fastest-growing sports promotion agencies in Europe. Under the partnership, 1inch will support a series of ten tournaments. The first tournament in the series, Oktagon 36, was held in Frankfurt on Oct. 15.

The past month also saw a number of integrations involving 1inch. The 1inch Limit Order Protocol is now integrated into Gnosis Safe, a legacy multi-signature wallet by GnosisDAO. Aurora+ launched an instant crypto exchange powered by 1inch, SwapBox integrated 1inch swapping routes and XY Finance integrated 1inch routes on eight chains.

Meanwhile, 1inch now enables native swaps in the Fizen wallet, and Exodus Wallet added 1INCH to the list of supported tokens.

In October, the 1inch Network continued to run DeFi Visions, a series of video interviews with DeFi’s most prominent personalities and projects. The most recent installment featured Fernando Martinelli, co-founder and CEO of Balancer Labs.

The main takeaways from DeFi Visions interviews are also available on this blog.

Events

As 1inch continues to attend major crypto events around the globe, our team took part in The DAOist 2022 conference in Bogota, Columbia on Oct. 9–10.

Meanwhile, on Oct. 18–23, the 1inch annual corporate event was held. Dozens of 1inch’s contributors from all over the world, including co-founders Sergej Kunz and Anton Bukov, gathered in Tel Aviv, Israel for a week of face-to-face interaction, discussions and fun.

Key stats

Ethereum: $216.8 bln in volume, 7.8 mln swaps, 1.6 mln users

BNB Chain: $19.5 bln in volume, 6.4 mln swaps, 958.1k users

Polygon: $15.6 bln in volume, 9.9 mln swaps, 1.1 mln users

Optimism: $770.8 mln in volume, 238.3k swaps, 64.8k users

Avalanche: $570.5 mln in volume, 136.4k swaps, 12.3k users

Fantom: $215.5 mln in volume, 483.4k swaps, 6k users

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

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