1inch Network Concludes $175M Series B Led by Amber Group

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The decentralized finance (DeFi) ecosystem continues to attract massive institutional interest, with 1inch Network recently closing a landmark $175 million Series B funding round. This strategic capital infusion highlights growing confidence in DeFi’s long-term viability and underscores the expanding role of decentralized exchange (DEX) aggregators in reshaping how users access liquidity across blockchain networks.

A Major Milestone for DeFi Infrastructure

The $175 million raise significantly surpasses 1inch Network’s initial $70 million target, reflecting strong demand from top-tier investors in the crypto space. Spearheaded by crypto-financial services leader Amber Group, the round drew participation from approximately 50 institutional and strategic investors. Notable names include VanEck, Jane Street, Fenbushi Capital, Alameda Research, Celsius, Nexo, Tribe Capital, and the Gemini Frontier Fund.

This level of backing from both traditional finance (TradFi) veterans and established crypto-native firms signals a maturing market. It also validates 1inch Network’s position as a core infrastructure provider within the DeFi stack.

👉 Discover how next-gen DeFi platforms are redefining liquidity access.

Strategic Use of Funds: Scaling Utility and Compliance

With the new capital, 1inch Network plans to focus on several key initiatives:

These efforts align with broader industry trends where tokenized ecosystems are evolving beyond speculative assets into functional components of decentralized applications.

Driving Developer Innovation Through Grants

Recognizing that sustainable growth depends on community-driven innovation, the 1inch Foundation — the nonprofit arm of the network — launched a $3 million developer grant program in July. This initiative incentivizes developers worldwide to contribute code, propose upgrades, and build tools that expand the protocol’s functionality.

By fostering an open-source ecosystem, 1inch ensures continuous improvement and adaptability in a rapidly changing technological environment. Developer grants have become a cornerstone strategy for leading DeFi projects aiming to decentralize control and encourage long-term engagement.

Dominant Market Performance and User Adoption

Since its launch in 2019, 1inch Network has emerged as one of the most trusted DEX aggregators in the industry. In November alone, it surpassed $85 billion in cumulative trade volume — a testament to its efficient routing algorithms and deep liquidity partnerships across multiple chains.

As highlighted by co-founder Anton Bukov, DeFi is poised for exponential growth over the next three to five years. He predicts decentralized exchanges will capture an increasingly dominant share of overall trading activity, driven by transparency, permissionless access, and composability.

This outlook is supported by data: over $273 billion in total value locked (TVL) currently resides across DeFi protocols — a figure expected to rise further as adoption expands during ongoing bull market cycles.

👉 Explore platforms accelerating DeFi innovation in 2025.

Frequently Asked Questions (FAQ)

Q: What is a decentralized exchange aggregator?
A: A DEX aggregator scans multiple decentralized exchanges to find the best possible trading rates and lowest slippage for users. 1inch Network combines liquidity from various sources to execute trades more efficiently than using a single exchange.

Q: How does 1inch Network differ from other DeFi platforms?
A: Unlike standalone DEXs like Uniswap or SushiSwap, 1inch aggregates liquidity across numerous protocols and blockchains. This allows users to access optimal pricing and reduces transaction costs through smart order routing.

Q: What is the purpose of the 1INCH token?
A: The 1INCH token serves multiple functions within the ecosystem, including governance voting rights, staking rewards, and participation in protocol incentives. Future upgrades aim to expand its utility further.

Q: Is 1inch Network centralized or decentralized?
A: While initially developed by a core team, 1inch has progressively decentralized operations. Governance is increasingly community-driven through token-based voting, and development is supported by independent contributors via grant programs.

Q: Can institutional investors use 1inch Network?
A: Yes. With this new funding round targeting institutional onboarding, 1inch is developing specialized tools and compliance frameworks to meet the security and operational standards required by professional financial entities.

Q: How does regulatory uncertainty affect DeFi projects like 1inch?
A: Regulatory scrutiny presents challenges but also opportunities for innovation. 1inch is proactively addressing compliance through legal research, policy engagement, and technical solutions that balance user privacy with regulatory requirements.

The Road Ahead for 1inch Network

As DeFi evolves from niche experimentation to mainstream financial infrastructure, protocols like 1inch Network play a pivotal role in ensuring efficiency, accessibility, and resilience. The successful $175 million raise not only strengthens its balance sheet but also amplifies its ability to influence the future direction of decentralized trading.

With continued investment in technology, compliance, and community development, 1inch is well-positioned to remain at the forefront of the DEX aggregation space. Its mission to democratize financial services aligns with the broader vision of Web3 — where users control their assets, data, and identities without intermediaries.

👉 Learn how leading DeFi protocols are shaping the future of finance.

Core Keywords

The journey ahead will demand innovation, adaptability, and strong community collaboration — all areas where 1inch has already demonstrated leadership. As adoption accelerates and blockchain technology becomes more integrated into global finance, platforms that prioritize utility, security, and user empowerment will lead the next wave of digital transformation.