In recent years, decentralized exchanges (DEX) and their aggregators have become an important part of the decentralized finance (DeFi) sector. The platform 1inch, founded in 2019, plays an active role in this evolution by providing users with optimal trading conditions.
Overview of 1inch and DEX Aggregators
1inch is a leading DEX aggregator that provides traders with access to liquidity from multiple DEXs. Since its inception, the platform has processed over $500 billion in trading volume. DEX aggregators help minimize fees and reduce price slippage, offering better trading leverage for users.
Innovations and Opportunities in 1inch
1inch co-founder, Sergej Kunz, noted that the company's aim is to create a seamless cross-chain experience that rivals centralized exchanges. 1inch implements atomic execution of trades, which guarantees that all deal conditions are met or the transaction is not executed at all. This prevents losses associated with partial execution of transactions.
Tokenization of Real-World Assets and the Future
Sergej Kunz believes that tokenization of real-world assets will be a logical next step for 1inch in the near future. He expects that within five to ten years, traders will be able to trade traditional stocks on-chain while retaining non-custodial ownership of these assets. Despite current challenges, the potential market for tokenization is expected to reach around $18.9 trillion by 2033.
Therefore, 1inch continues to expand its capabilities in DeFi and is preparing for the era of real-world asset tokenization, focusing on improving security and user convenience.
