1inch Network

The 1inch Network is happy to present you the December digest of major news and updates.<h3 id="strong-updates-news-and-integrations-strong">Updates, news and integrations</h3>In late December, &#39;Crypto highlights of the year&#39; <a href="https://twitter.com/1inch/status/1740032067193483667" rel="noopener noreferrer nofollow">became accessible</a> through the <a href="https://portfolio.1inch.io/" rel="noopener noreferrer nofollow">1inch Portfolio</a> and the <a href="https://1inch.io/wallet/" rel="noopener noreferrer nofollow">1inch Wallet</a>, offering users a chance to review their 2023 crypto activity. This included a quick and concise summary of key trades, gas spent, best performing tokens, ROI, PnL and yearly wallet performance with an option for users to share their crypto achievements on social media.Also in December, the 1inch Wallet v2.3.0 for iOS <a href="https://twitter.com/1inchWallet/status/1740410734893568272" rel="noopener noreferrer nofollow">was released</a>, introducing Cloud Snapshots. This feature enables autosaving of all key changes in wallets, bookmarks and contacts. Manual snapshots are also available at any time. Cloud Snapshots simplifies restoring wallet data, since any snapshot can be brought back in just a few seconds.In addition, 1inch <a href="https://twitter.com/1inch/status/1738287730088349997" rel="noopener noreferrer nofollow">was ranked</a> as the leader in frontend trading volume, having taken that position in November. Frontend volumes are notable for reflecting genuine user activity, unlike other volumes influenced by bots involved in arbitrage and MEV, which are often affected by slippage and poor price discovery.As 1inch continues to collaborate with the DeFi space’s most promising projects, Arkis, which offers multichain, undercollateralized leverage powered by portfolio margin, integrated the 1inch Swap API.Staying on the topic of integrations, yield optimizer Beefy released ZAP V3 with 1inch among the route providers.Another collaboration <a href="https://twitter.com/LeJournalDuCoin/status/1734547294739996763" rel="noopener noreferrer nofollow">included</a> a quest and advent calendar with Journal Du Coin, a leading French crypto news source.<h3 id="strong-events-strong">Events</h3>1inch <a href="https://blog.1inch.io/1inch-sponsors-the-ethindia-hackathon/" rel="noopener noreferrer nofollow">sponsored ETHIndia</a>, the world&#39;s biggest Ethereum hackathon held in Bengaluru Dec 8-10. It offered bounties with a total of $20,000. Notably, 56 projects were submitted to 1inch-sponsored tracks, a record number for hackathons with <a href="https://blog.1inch.io/ethindia-winners-of-1inch-bounties/" rel="noopener noreferrer nofollow">1inch bounties</a>. Additionally, 1inch organized a quiz at the event, offering a skateboard and two $100 1INCH prizes.At ETHIndia, the 1inch team provided inspiration, shared valuable insights in a workshop and participated in various side events. Aleksandra Fetisova, Marketing Partnerships Lead, discussed &#39;Onboarding the Next Billion Users to Web3&#39; at Metamorphosis 2023 and Tanner Moore, 1inch’s Dev Rel, contributed to the meetup Back the Buidlers 2.0Also in December, <a href="https://twitter.com/i/broadcasts/1MnxnMojjPNJO?s&#61;20" rel="noopener noreferrer nofollow">1inch x Cointelegraph AMA</a>, &#39;Navigating DeFi&#39;s Future,&#39; featuring 1inch co-founders, Sergej Kunz and Anton Bukov, was held.<h3 id="strong-key-stats-strong">Key stats</h3>Ethereum: $323.7B in volume, 15.1M swaps, 2.5M usersBNB Chain: $40.2M in volume, 22.6M swaps, 4.4M usersPolygon: $24.5B in volume, 20.6M swaps, 2.5M usersOptimism: $4.8B in volume, 2.1M swaps, 491K usersAvalanche: $6.6B in volume, 2.3M swaps, 529K usersFantom: $2.3B in volume, 1.3M swaps, 135.9K usersArbitrum: $14.4B in volume, 6.1M swaps, 1.1K usersGnosis:  $407.6M in volume, 2.1M swaps, 68.4K users1inch Fusion mode: 16.6B in volume, 2.1M swaps, 661K usersStay tuned for more exciting news and announcements from the 1inch Network!

1inch Monthly Digest: December 2023

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