🤟 1inch in 2023: Redefining DeFi 🌅

As 2023 comes to a close, we reflect on a transformative year marked by significant community growth, technological advancements and increased swap volume.

🔄 Swaps increased by 62% to over 33M, surpassing the overall DEX market's 19% decline
👥 User growth soared 88% to more than 6.7M, eclipsing the DEX average of 9%
💰 Volume reached $114B, comprising 27.4% of our $416B total

In 2023, Ethereum saw a downturn from 2022:
- Transactions dropped by 7%, totaling 381M
- User numbers fell by 14% to 37.2M

Meanwhile, 1inch’s key stats on Ethereum:
🔄 Swaps increased by 70% to 6.5M, contributing $83B in volume
👥 User base grew by 30%, reaching 1.1M

Key updates of the 📱 1inch Wallet in 2023:

🔒 The best Ledger integration on the market
📖 Seamless contact management with Address Book
🌐 Quick view of assets across all network balances
📲 Smooth dApp linking with WalletConnect v2

📈 Complete asset performance overview in Portfolio
☯️ Effortless 1inch Fusion swaps on Android
🔐 Cross-platform file and Cloud Snapshots for iOS
⚙️ Focus on your experience to offer the best UI/UX

Launched in July 2023, the 1inch Developer Portal has become an essential Web3 SaaS platform for developers - 1inch.dev

⚙️ Deployed 12 APIs
📈 Supported 9B API calls
👨‍💻 Welcomed 15K developers
🤝 Onboarded 163 partners
🛠 Became essential for in-house operations

Embracing the global stage:

🌍 Sponsored 32 events across 13 countries on 4 continents
💡 Supported 10 hackathons, with 229 project submissions from devs
🎤 Engaged in 79 speaking slots
🎉 Hosted 10 legendary 1inch parties

We also launched the 1inch Portfolio, a tool that allows you to manage assets in multiple wallets across all chains - portfolio.1inch.io

💼 Within just 1.5 months of launch, over 100K wallet addresses are using the platform
💻 Platform's API requests exceeded 30M

Wrapping up 2023, thanks to our 🔥 1inch fam. Together, we are reaching milestones for a brighter, innovative 2024 in DeFi!

Join 1inch at WEF2024 in Davos 🇨🇭 on Jan 16 at Pulsa Bar for an impactful meetup!

Explore DeFi, institutional adoption strategies, 1inch Fusion and more.

📋 Check pinned images for agenda and speakers.

🗣️ Event: https://lu.ma/1inchInDavos
🎉 Party: https://lu.ma/DexingInTheAlps

In the meetup's second half, top speakers will discuss regulatory challenges, balancing innovation with user protection and crypto growth 📈 sustainability in 2024.

Don't miss a fireside chat with 1inch C-level execs and a talk on the 1inch Developer Portal & API automation.

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Download the 1inch Wallet:
🛒 iOS | 🛒 Android