1inch
About
1inch is a decentralized exchange aggregator and comprehensive DeFi ecosystem that provides cross-chain token swapping across 13+ networks through its Fusion protocol. The platform offers MEV-protected, gas-free swaps via a network of professional resolvers, along with a suite of complementary products including a self-custodial wallet, portfolio tracker, and crypto debit card for everyday spending.
Where Does Yield Come From?
In the 1inch ecosystem, you can earn yield mainly by staking and delegating the native 1INCH token.
When you stake 1INCH, you receive Unicorn Power—a measure of your influence in the system. This Unicorn Power can be delegated to professional market-makers called resolvers.
Resolvers are the entities that fill swap orders on 1inch’s Fusion platform. They earn revenue by executing those swaps through a Dutch‑auction process, capturing price differences and arbitrage opportunities while protecting users from maximal extractable value (MEV) and covering gas fees.
A share of the revenue that resolvers earn is paid out as 1INCH token rewards to stakers who have delegated their Unicorn Power to those resolvers.
The system also encourages governance participation: stakers can vote on protocol changes and settings. However, the primary source of yield remains the rewards from delegating to resolvers’ trading activity in the Fusion order‑matching engine.
Legal
Legal form
Limited company (Ltd.)
Registration jurisdiction
British Virgin Islands (registered at c/o Walkers Corporate (BVI) Limited, 171 Main Street, PO Box 92, Road Town, Tortola VG 1110)
Status and notes
The 1inch products (website/interface) are operated by Degensoft Ltd., a BVI limited company. 1inch is described as a contributor to the 1inch Network, which is governed by the 1inch DAO. Terms of Use and Privacy Policy are linked in footer. Footer states "Built by Degensoft".
