Key Notes

1inch Network announced it had surpassed $500 billion in all-time trading volume on the Ethereum network since its launch in 2019.

The milestone figure differs from other platforms, with DeFiLlama showing ~$235B in total volume while some Dune dashboards report over $716B.

The milestone comes as 1inch faces increased competition from rivals like CoW Swap and questions about the value accrual of its token.

DeFi protocol 1inch Network , a decentralized exchange (DEX) aggregator, announced it passed a major volume milestone, routing $500 billion in trades on the Ethereum network since its inception in 2019. The team shared the update on X on October 8.

$500B routed via 1inch on Ethereum.

A major milestone — and only halfway to $1T.

We move forward as 1” pic.twitter.com/oKh

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