1INCH Token Overview
1INCH is the core governance token of the 1inch Network, designed to empower the community to participate in the protocol's decision-making process. As a key player in the Decentralized Finance (DeFi) sector, the 1inch Network's main product is a Decentralized Exchange (DEX) aggregator that provides users with optimal cryptocurrency exchange rates by integrating liquidity from nearly 200 DeFi sources.
The main uses of the 1INCH token include:
- Protocol Governance: Holders can stake 1INCH to gain voting rights and participate in decisions regarding protocol parameters and future development.
- Liquidity Mining Rewards: 1INCH tokens are used to incentivize users to provide liquidity to 1inch liquidity pools.
- Fusion Mode: In 1inch's Fusion mode, 1INCH tokens can be used to prioritize transaction execution, enhancing user experience.
Issuance and Supply Details
The 1INCH token's supply mechanism is carefully designed to ensure long-term sustainability and community incentives.
- Total Supply and Max Supply: The total supply and maximum supply of 1INCH are both set at 1.5 billion tokens. This means there is a clear cap on the number of tokens, and no unlimited issuance will occur.
- Circulating Supply: As of September 26, 2026, the circulating supply of 1INCH is approximately 1.41 billion tokens. This figure reflects the number of tokens currently available for trading in the market.
- Unlock Schedule: 1INCH tokens were first issued in December 2020, with an initial release of 6% of the total supply. According to the original plan, all 1.5 billion 1INCH tokens are expected to be fully unlocked by December 2024, and are currently close to full circulation.
1INCH Token Allocation
The total supply of 1INCH tokens is allocated to different stakeholders to support the project's long-term development and the healthy operation of its ecosystem:
- Community Incentive Program: 30% of tokens are allocated for community incentives, aiming to reward user participation, liquidity provision, and ecosystem development.
- Core Contributors: 22.5% of tokens are allocated to the protocol's core contributors, recognizing their efforts in project development and maintenance.
- Growth Fund: 14.5% of tokens are used for a growth fund to promote platform development, supporting strategic partnerships, marketing, and new feature development.
- Project Backers: 33% of tokens are allocated to early project backers, in gratitude for their trust and investment in the project.
Market Performance Overview
As an important token in the DeFi sector, 1INCH's market performance is widely watched.
- Market Cap: As of September 26, 2026, the market capitalization of 1INCH is approximately $143 million.
- 24-hour Trading Volume: As of September 26, 2026, its 24-hour trading volume is approximately $31.88 million, indicating a certain level of market activity.
- All-Time High: 1INCH's all-time high reached $7.45 (May 2021) and $9.00 (October 27, 2021).
About 1inch Network
The 1inch Network was founded by Sergej Kunz and Anton Bukov in May 2019 during the ETHGlobal New York hackathon. Its core mission is to provide cryptocurrency traders with tools to obtain the best trading prices in decentralized markets. By aggregating liquidity from multiple DEXs, 1inch solves the problem of fragmented liquidity in decentralized trading, allowing users to find optimal trading paths without switching between different platforms.
Trading and Acquisition
1INCH tokens can be traded on platforms that support the coin. Users can participate in buying and selling 1INCH through these platforms.
