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About 1inch Token
1INCH is the native utility and governance token for the 1inch Network, a decentralized exchange (DEX) aggregator that provides traders with optimal swap rates by sourcing liquidity from various exchanges across multiple blockchains. The token powers the 1inch DAO, allowing holders to participate in decentralized governance by voting on key protocol parameters and the network's future direction. Beyond governance, the 1INCH token facilitates utility within a comprehensive DeFi ecosystem that includes a self-custodial wallet, portfolio tracking tools, and developer APIs. It operates as a multi-chain asset, deployed on networks such as Ethereum, BNB Chain, Polygon, Arbitrum, Optimism, and Base.
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