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DeFi project 1inch partners with data provider Bitquery

The liquidity aggregator from decentralized exchanges 1inch has announced a partnership with the analytical company Bitquery. ForkLog was informed about this by representatives of the DeFi project.

In partnership with Bitquery, the 1inch team plans to add next-generation trading tools designed to expand the capabilities of DEX. This will attract new users to the DeFi sector, the project representatives expressed confidence.

The partnership with Bitquery will provide real-time market data transmission from multiple DEXs and protocols at 1inch. This will allow the aggregator to improve the user experience and trading opportunities.

According to Bitquery researchers, in 2020, more than 1.5 million users of various DEXs carried out 31 million transactions for $ 100 billion.

As a reminder, in February 2021, the DeFi project team deployed a governance token on the Binance Smart Chain.

Earlier, 1inch additionally distributed coins among users, timing the airdrop to the Lunar New Year.

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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