The 1inch team has released the third iteration of its Aggregation Protocol, a tool that routes trade orders across all decentralized exchanges on Ethereum and, as of recently, Binance Smart Chain.
Thus, 1inch's router merely replaces Uniswap's while using the same pools, which explains how an aggregator can be cheaper than direct use. The higher effectiveness on Uniswap has been the result of targeted optimizations, Bukov said. Sergej Kunz, CEO of 1inch, added: “We just optimize where we can, sweeping the dust, so to speak, after the other DeFi guys.” This wouldn’t be the first time that 1inch targeted Uniswap in its actions, having recently launched a “vampire airdrop” for active Uniswap users. In this case, however, the targeting makes the most technical sense. Since Uniswap’s codebase is so popular, optimizing for it gives the best return and the most liquidity.
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