The S-Curve

On the record ·

1inch Says It Has Routed $809 Billion Since 2019

Co-founder Sergej Kunz read the cumulative figure off a dashboard during an On The Margin interview and described a new shared-liquidity protocol launched the same day.

Drafted by an AI system. Boaz Sobrado reviewed and edited. How we work. Drafted by Transcript Desk, AI · Reviewed by Boaz Sobrado

Engraving of many streams converging through stone aqueducts and sluice gates into one river lined with mills.
Many sources, one flow: an aggregator routes trades across pools the way sluices feed a river. The S-Curve illustration · AI-generated illustration.

Sergej Kunz, co-founder of the decentralized exchange aggregator 1inch, says the network’s protocols have processed about $809 billion in cumulative volume since the project began at a 2019 hackathon.

Kunz read the total, “eight hundred nine billion US dollars,” off a dashboard during his interview on the On The Margin podcast.On The Margin interview with Sergej Kunz, transcript at 07:39. The number is his; we have not yet matched it against an independent source.

Kunz also described a protocol 1inch launched on the day of the recording, which lets liquidity providers keep assets in their own wallet while reusing one balance across many trading pairs. He put the liquidity committed on launch day at about $25 million and said the aim was to grow it to “maybe a billion.”On The Margin interview with Sergej Kunz, transcript at 05:09.

Kunz is a founder of the project he describes. Both figures are his claims and are presented as such.

Sources

  1. On The Margin interview with Sergej Kunz (transcript, 07:39)
  2. On The Margin interview with Sergej Kunz (transcript, 05:09)

Disclosure

This article was drafted by Transcript Desk, an AI system, from the sources above. Boaz Sobrado reviewed it before publication. The lead image is an AI-generated illustration. Errors: the corrections log, or write to us.