1inch

1inch

DEX aggregator routing multi-chain trades

Overview

1inch provides a DeFi ecosystem with a DEX aggregator, liquidity tools, and advanced order features across multiple blockchains. Its Aggregation Protocol uses Pathfinder to route and split trades across many decentralized exchanges to get the best price, lowest fees, and minimal slippage on chains like Ethereum, BNB Chain, and Polygon. It differs from rivals by combining liquidity from multiple sources under a DAO-backed governance model, with Liquidity and Limit Order Protocols and revenue from Swap Surplus rather than direct trading fees. The goal is to make DeFi trading cheaper and easier by offering a single interface that aggregates fragmented liquidity and provides flexible tools for traders.

Significant Headcount Growth

About 1inch

Simplify's Rating
Why 1inch is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Fintech

Crypto & Web3

Financial Services

Company Size

51-200

Company Stage

Series B

Total Funding

$189.8M

Headquarters

Road Town, British Virgin Islands

Founded

2020

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Simplify's Take

What believers are saying

  • Aqua public launch on July 28, 2026 received eight independent security audits.
  • Robinhood Chain integration gives 1inch immediate exposure to tokenized stock trading demand.
  • 1inch Foundation and DAO committed 10 million 1INCH plus 500,000 USDC rewards to Aqua.

What critics are saying

  • Bukov said 1inch fired him in November 2025, signaling founder fracture.
  • TrustedVolumes exploit hit 1inch’s ecosystem again in May 2026, validating recurring resolver risk.
  • If Aqua underperforms or gets exploited, 1inch’s shared-liquidity thesis loses credibility quickly.

What makes 1inch unique

  • Aqua launched July 2026, letting one wallet back multiple positions across 13 chains.
  • 1inch routes tokenized assets on Robinhood Chain, reaching 27 million Robinhood users.
  • Cross-chain Swap Scanner with Blockscan gives end-to-end visibility across multichain settlements.

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Funding

Total Funding

$189.8M

Above

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$65M
Substack
$100M
ClickUp
$175M
1inch

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

4%

2 year growth

5%
Yahoo Finance
Jul 31st, 2026
1inch launches Aqua protocol to unlock $1.6B idle liquidity for tokenised assets

1inch has launched Aqua, a shared liquidity protocol designed to improve efficiency for decentralised finance users across networks. CEO Sergej Kunz said the platform addresses inefficiency in decentralised exchanges, where roughly 80% of liquidity — around $1.6 billion — sits idle. Aqua targets tokenised real-world assets, enabling direct asset-to-asset trading rather than requiring trades against dollars. Users could theoretically trade tokenised SpaceX shares directly for Apple stock, with liquidity providers earning fees on every transaction. Kunz said the protocol allows one wallet's holdings to back multiple trading pairs simultaneously. Tokenised equities are already available through platforms like Robinhood, Kraken, and Ondo, though not yet in the US.

Crypto GOOD News
Jul 28th, 2026
1inch moves to unite DeFi liquidity across 13 chains with Aqua.

1inch moves to unite DeFi liquidity across 13 chains with Aqua. 6 hours ago Decentralized exchange aggregator 1inch announced the launch of its Aqua protocol allowing users to provide liquidity to many protocols at once. Decentralized exchange aggregator 1inch announced Aqua, a protocol aimed at unifying the liquidity pools of numerous markets in the decentralized finance ecosystem. According to Tuesday's announcement, Aqua allows liquidity providers to authorize several strategies against one wallet inventory, while the assets remain in the wallet until a trade settles, rather than depositing the funds to any particular liquidity pool. The protocol has been deployed on 13 blockchains including Ethereum, Arbitrum, Base, Robinhood Chain and BNB Chain.

PR Newswire
Jul 28th, 2026
1inch launches Aqua to the public, introducing the first shared liquidity layer for DeFi.

1inch launches Aqua to the public, introducing the first shared liquidity layer for DeFi. Jul 28, 2026, 07:05 ET * Following its developer launch in November 2025, Aqua now offers a risk-controlled alternative to DeFi's pool-based model. * 1inch unveils a Merkl-powered liquidity incentive program for Aqua, funded with 10 million 1INCH by the 1inch Foundation and 500k USDC from 1inch DAO. * Aqua goes live across 13 EVM chains from day one. ROAD TOWN, British Virgin Islands, July 28, 2026 /PRNewswire/ - 1inch, the leading DeFi ecosystem, announces the full public launch of Aqua, a self-custodial shared liquidity layer that enables liquidity providers to use the same wallet balance across multiple positions without locking assets in liquidity pools. Following its developer launch in November 2025, Aqua today offers one of the first risk-controlled alternatives to DeFi's traditional pool-based model, enabling more capital-efficient liquidity provisioning. 1inch Aqua works as a registry: a user connects their wallet to approve a token balance and create liquidity positions that can access that balance. The Aqua protocol tracks that balance, and when it receives a swap order that meets the criteria of the position, it pulls the requested tokens from the wallet and pushes back received tokens and fees in a single atomic transaction. Otherwise, the user's tokens remain in their wallet and completely under their control. "The liquidity provisioning space is broken, but you only see how broken once there's an alternative. Today, that alternative has arrived. With Aqua, liquidity providers no longer have to accept the inefficient pool structure they've put up with for years," said Sergej Kunz, 1inch co-founder. "DeFi doesn't just need more liquidity. It needs more useful liquidity, active wherever demand appears. We built Aqua so providers get that reach without giving up custody: your tokens stay in your wallet until the moment a swap fills." Alongside the product launch, 1inch Network Incentives goes live - a liquidity reward program for Aqua, led by Degensoft Ltd (BVI) and delivered through Merkl. The 1inch Foundation has committed 10 million 1INCH in provider rewards, and a further 500,000 USDC boost from the 1inch DAO. The initiative is designed to accelerate liquidity growth and swap activity across supported pairs. As a result, liquidity providers not only benefit from Aqua's improved experience but also have the opportunity to earn additional rewards. Program terms, markets and safeguards are set out in the published campaign configuration. According to 1inch, the current pool based system is a major limiting factor on DeFi's ability to scale and bring TradFi capital on chain. For liquidity providers, the current model of depositing into pools means handing over custody, while active capital gets spread thin across protocols, pairs and price ranges. The scale of the problem is stark: per on-chain research by Dune commissioned by 1inch, 85% of concentrated liquidity across major DEXs was underutilized in H1 2026, roughly $1.6 billion of the $1.84 billion tracked. That includes about $542 million sitting fully out of range in an average week, resulting in an estimated $150 million in fees foregone per year. Through Aqua, 1inch is showcasing a more efficient model for shared liquidity, allowing the same wallet balance to back multiple positions simultaneously. Unlike the traditional model, where liquidity must be split across multiple pools and positions, Aqua enables a single balance to support multiple quotes at once. For example, a $100,000 balance can support three positions collectively quoting $300,000 of liquidity, with the potential to quote more. The underlying tokens remain available to every position at all times; nothing is borrowed, and any swap can only execute against the assets actually held in the wallet. A position on Aqua can be full range, concentrated or pegged, depending on the selected pair and position type. A user can open and close positions themselves, with no lock-up. Their exposure is capped by the tokens they actually hold, not by the theoretical combined size of every position they create. If their wallet cannot cover a swap, Aqua simply does not call on their tokens. From today, users can create positions across 13 EVM chains, including Ethereum, Arbitrum, Base, Robinhood Chain and BNB Chain. Aqua also launches with a number of additional functionalities, including a liquidity leaderboard, an incentives screen, liquidity map visualizations, batch position creation, provider profiles with cross-chain positions, sub-wallets, and an AI-assisted liquidity provisioning flow via the 1inch Business MCP with safe batch deployment, coming soon. Aqua has undergone eight independent security audits conducted by OpenZeppelin, Bailsec, Hashlock, Hexens, MixBytes, Nethermind, Theori, and Decurity. Combined with its fully self-custodial design, which never holds user tokens, a swap can only move assets that are actually in the provider's wallet at the moment it fills. Revocation stops new fills as soon as it confirms on-chain. Aqua is also protected from JIT fee sniping by design, as each position has a single owner, thus there is no shared fee moment bots can capitalize on. While Aqua's design keeps exposure bounded and providers in control of their own tokens, swap fees are not guaranteed, prices can move against a position (impermanent loss), and providers bear market and smart-contract risk. About 1inch 1inch accelerates decentralized finance with a seamless crypto trading experience for 27M users. Beyond being the top platform for low-cost, efficient token swaps with $100M+ in daily trades, 1inch offers a range of innovative tools, including a secure self-custodial wallet, a portfolio tracker for managing digital assets, a dedicated business portal giving access to its cutting-edge technology, and even a debit card for easy crypto spending. By continuously innovating, 1inch is simplifying DeFi for everyone. Aqua involves risk, including loss of funds. It's built for experienced users - do your own research. Not financial advice. Incentive rewards are variable, not guaranteed, and subject to the program's published terms. SOURCE 1inch

Newswire
Jul 28th, 2026
1inch launches Aqua to the public, introducing the first shared liquidity layer for DeFi.

1inch launches Aqua to the public, introducing the first shared liquidity layer for DeFi. Jul 28, 2026, 07:05 ET * Following its developer launch in November 2025, Aqua now offers a risk-controlled alternative to DeFi's pool-based model. * 1inch unveils a Merkl-powered liquidity incentive program for Aqua, funded with 10 million 1INCH by the 1inch Foundation and 500k USDC from 1inch DAO. * Aqua goes live across 13 EVM chains from day one. ROAD TOWN, British Virgin Islands, July 28, 2026 /CNW/ - 1inch, the leading DeFi ecosystem, announces the full public launch of Aqua, a self-custodial shared liquidity layer that enables liquidity providers to use the same wallet balance across multiple positions without locking assets in liquidity pools. Following its developer launch in November 2025, Aqua today offers one of the first risk-controlled alternatives to DeFi's traditional pool-based model, enabling more capital-efficient liquidity provisioning. 1inch Aqua works as a registry: a user connects their wallet to approve a token balance and create liquidity positions that can access that balance. The Aqua protocol tracks that balance, and when it receives a swap order that meets the criteria of the position, it pulls the requested tokens from the wallet and pushes back received tokens and fees in a single atomic transaction. Otherwise, the user's tokens remain in their wallet and completely under their control. "The liquidity provisioning space is broken, but you only see how broken once there's an alternative. Today, that alternative has arrived. With Aqua, liquidity providers no longer have to accept the inefficient pool structure they've put up with for years," said Sergej Kunz, 1inch co-founder. "DeFi doesn't just need more liquidity. It needs more useful liquidity, active wherever demand appears. We built Aqua so providers get that reach without giving up custody: your tokens stay in your wallet until the moment a swap fills." Alongside the product launch, 1inch Network Incentives goes live - a liquidity reward program for Aqua, led by Degensoft Ltd (BVI) and delivered through Merkl. The 1inch Foundation has committed 10 million 1INCH in provider rewards, and a further 500,000 USDC boost from the 1inch DAO. The initiative is designed to accelerate liquidity growth and swap activity across supported pairs. As a result, liquidity providers not only benefit from Aqua's improved experience but also have the opportunity to earn additional rewards. Program terms, markets and safeguards are set out in the published campaign configuration. According to 1inch, the current pool based system is a major limiting factor on DeFi's ability to scale and bring TradFi capital on chain. For liquidity providers, the current model of depositing into pools means handing over custody, while active capital gets spread thin across protocols, pairs and price ranges. The scale of the problem is stark: per on-chain research by Dune commissioned by 1inch, 85% of concentrated liquidity across major DEXs was underutilized in H1 2026, roughly $1.6 billion of the $1.84 billion tracked. That includes about $542 million sitting fully out of range in an average week, resulting in an estimated $150 million in fees foregone per year. Through Aqua, 1inch is showcasing a more efficient model for shared liquidity, allowing the same wallet balance to back multiple positions simultaneously. Unlike the traditional model, where liquidity must be split across multiple pools and positions, Aqua enables a single balance to support multiple quotes at once. For example, a $100,000 balance can support three positions collectively quoting $300,000 of liquidity, with the potential to quote more. The underlying tokens remain available to every position at all times; nothing is borrowed, and any swap can only execute against the assets actually held in the wallet. A position on Aqua can be full range, concentrated or pegged, depending on the selected pair and position type. A user can open and close positions themselves, with no lock-up. Their exposure is capped by the tokens they actually hold, not by the theoretical combined size of every position they create. If their wallet cannot cover a swap, Aqua simply does not call on their tokens. From today, users can create positions across 13 EVM chains, including Ethereum, Arbitrum, Base, Robinhood Chain and BNB Chain. Aqua also launches with a number of additional functionalities, including a liquidity leaderboard, an incentives screen, liquidity map visualizations, batch position creation, provider profiles with cross-chain positions, sub-wallets, and an AI-assisted liquidity provisioning flow via the 1inch Business MCP with safe batch deployment, coming soon. Aqua has undergone eight independent security audits conducted by OpenZeppelin, Bailsec, Hashlock, Hexens, MixBytes, Nethermind, Theori, and Decurity. Combined with its fully self-custodial design, which never holds user tokens, a swap can only move assets that are actually in the provider's wallet at the moment it fills. Revocation stops new fills as soon as it confirms on-chain. Aqua is also protected from JIT fee sniping by design, as each position has a single owner, thus there is no shared fee moment bots can capitalize on. While Aqua's design keeps exposure bounded and providers in control of their own tokens, swap fees are not guaranteed, prices can move against a position (impermanent loss), and providers bear market and smart-contract risk. About 1inch 1inch accelerates decentralized finance with a seamless crypto trading experience for 27M users. Beyond being the top platform for low-cost, efficient token swaps with $100M+ in daily trades, 1inch offers a range of innovative tools, including a secure self-custodial wallet, a portfolio tracker for managing digital assets, a dedicated business portal giving access to its cutting-edge technology, and even a debit card for easy crypto spending. By continuously innovating, 1inch is simplifying DeFi for everyone. Aqua involves risk, including loss of funds. It's built for experienced users - do your own research. Not financial advice. Incentive rewards are variable, not guaranteed, and subject to the program's published terms. SOURCE 1inch Dominic Cox, [email protected], +66 (0) 986097090

PR Newswire
Jul 28th, 2026
1inch launches Aqua, first shared liquidity layer letting DeFi providers use same wallet across multiple positions

1inch has launched Aqua, a self-custodial shared liquidity layer for decentralised finance. The platform allows liquidity providers to use the same wallet balance across multiple positions without locking assets in pools. Aqua functions as a registry where users connect their wallets to create liquidity positions. Tokens remain in users' wallets until a swap transaction occurs. The protocol executes swaps through atomic transactions, pulling requested tokens and returning received tokens and fees. The 1inch Foundation has committed 10 million 1INCH in provider rewards, with an additional 500,000 USDC from the 1inch DAO. According to on-chain research commissioned by 1inch, 85% of concentrated liquidity across major DEXs was underutilised in H1 2026. Aqua is now available across 13 EVM chains, including Ethereum, Arbitrum, Base, and BNB Chain. The platform has undergone eight independent security audits.

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