1inch launches beta version of developer platform

1inch Labs выпустила beta Web3-platform SaaS with access to API for creating new products.

Co-founder Sergey Kunz said the main goal of the service is “to provide fast and efficient software solutions for developers.”

“Primarily, we offer a set of Web3 tools that allow substantial savings of time, money and effort. All of these solutions have been thoroughly tested in 1inch products since 2019,” he added.

According to him, the presented solutions have been used to create a DeFi project’s wallet and several decentralized applications. The product has also been integrated by the projects MetaMask, Trust Wallet and Ledger.

Among the available tools:

• Swap API for access to liquidity across multiple blockchains;
• Spot Price API for tracking token prices;
• Balance API provides information on wallet balances;
• Token API for token search;
• Transaction Gateway API for transaction analysis and protection;
• Portfolio API for targeted tracking of data on the Ethereum, BNB Chain and Polygon networks;
• 1inch Orderbook for placing orders in the order book.

Currently, two subscription plans are available — free and corporate. The latter offers a higher number of requests per second.

Earlier in June, the 1inch Network community backed a proposal to allocate $2 million in funding to create a hardware wallet for the ecosystem.

Earlier, the DeFi protocol team added support for zkSync — L2 solutions for scaling the Ethereum network.