The 1inch Network continues to push the boundaries of decentralized finance (DeFi) and Web3 innovation, and October 2024 was a landmark month filled with strategic partnerships, high-profile events, and impressive performance metrics. This digest captures the most impactful developments, offering a clear view of how 1inch is expanding its ecosystem while staying true to its core values of agility, efficiency, and user empowerment.
Strategic Partnerships Driving Mass Adoption
One of the most significant announcements in October was 1inch’s long-term partnership with the Bruce Lee Family Company, a move that blends cultural legacy with technological vision. Under the unifying slogan “Take crypto seriousLee,” this collaboration aims to bring DeFi and Web3 into mainstream awareness by leveraging the timeless philosophy and global influence of Bruce Lee.
The name 1inch has always drawn inspiration from Bruce Lee’s legendary “one-inch punch”—a symbol of precision, power, and efficiency. These principles mirror 1inch’s mission to deliver maximum value with minimal friction in the crypto trading experience. Now, this symbolic connection has evolved into a formal alliance, emphasizing education, personal growth, and the harmonious integration of technology and philosophy.
👉 Discover how cultural icons are shaping the future of decentralized finance.
The partnership launched with a powerful video message that blends martial arts wisdom with blockchain innovation, underscoring how mindset and adaptability are just as crucial in crypto as they are in life. By aligning with Bruce Lee’s legacy, 1inch is not just promoting a product—it’s advocating for a mindset shift toward financial sovereignty and conscious participation in the digital economy.
In parallel, 1inch strengthened its technical ecosystem through a strategic collaboration with Bitget Wallet, one of the leading self-custodial wallet solutions in DeFi. This integration enables Bitget Wallet users to access 1inch’s industry-leading swap aggregation directly within their interface, ensuring optimal token exchange rates across multiple liquidity sources.
For 1inch, this means broader user reach and deeper integration into everyday crypto workflows. For users, it translates to faster swaps, lower slippage, and reduced transaction costs—all without leaving their preferred wallet environment.
Key Events: From Hong Kong to SmartCon
October saw 1inch take center stage at two major blockchain conferences: Hong Kong FinTech Week (HKFTW) and SmartCon.
At HKFTW, one of Asia’s most influential fintech gatherings, 1inch co-founder Sergej Kunz delivered a keynote address during the Blockchain & Digital Assets Forum. His talk focused on the evolving landscape of decentralized exchanges and the growing importance of cross-chain interoperability.
Later, Kunz participated in a main-stage panel discussion hosted by HKFTW, exploring real-world blockchain applications and regulatory considerations in emerging markets. The event also marked the official unveiling of the Bruce Lee Family Company partnership, celebrated in a special meet-and-greet with Shannon Lee, daughter of Bruce Lee and CEO of the Bruce Lee Family Company.
Complementing the formal sessions was Party SeriousLee: A Celebration of Spirit!, a uniquely curated experience that fused philosophy, art, and community. Far more than a typical networking event, Party SeriousLee invited attendees on a journey of self-reflection and connection—echoing Bruce Lee’s teachings on authenticity and flow. Held in the vibrant heart of Hong Kong, it symbolized 1inch’s commitment to building not just technology, but culture.
Following HKFTW, Sergej Kunz continued his outreach at SmartCon, where he presented “Exploring Cross-Chain Swaps: 1inch Fusion+ Simplified.” The session broke down the technical advancements behind 1inch Fusion+, highlighting how it reduces MEV (Miner Extractable Value), enhances privacy, and improves execution efficiency through batched transaction settlement.
These appearances reinforced 1inch’s role as both an innovator and educator in the blockchain space—actively shaping conversations around usability, security, and mass adoption.
Performance Metrics: A Month of Growth
Beyond partnerships and events, October delivered strong performance across the 1inch platform. The network continues to serve millions of users globally, maintaining its position as one of the most trusted decentralized exchange aggregators.
Network-Wide Highlights (Cumulative)
- Total Volume Traded: $540.2 billion
- Total Swaps Executed: 114.4 million
- Unique Wallets Served: 18.3 million
These figures reflect sustained user confidence and increasing reliance on 1inch for efficient, secure trading across chains.
Chain-Specific Performance
Ethereum remains the dominant chain:
- $410 billion in volume
- 22.4 million swaps
- 3.7 million unique wallets
However, momentum is building across Layer 2 and alternative ecosystems:
- BNB Chain: $47.4 billion in volume, driven by high-frequency traders and DeFi yield seekers.
- Polygon: $27.9 billion in volume, benefiting from low-cost gaming and NFT activity.
- Arbitrum and Optimism: Combined volume exceeding $35 billion, signaling growing demand for Ethereum-scaling solutions.
- Base: Rapid adoption with $7.5 billion in volume and 1.2 million wallets—highlighting traction among retail users.
- Avalanche and Fantom: Solid mid-tier performance, particularly in institutional-grade DeFi protocols.
- Gnosis Chain: $907.2 million in volume, demonstrating resilience in privacy-focused and DAO-driven use cases.
1inch Fusion+: Redefining Trade Efficiency
A standout performer was 1inch Fusion+, the platform’s advanced settlement mechanism designed to protect users from frontrunning and price manipulation.
In October alone:
- Volume: $35.7 billion
- Swaps: 3.8 million
- Unique Users: 995,000
Fusion+ continues to gain adoption due to its unique batch auction model, which groups transactions every 15 seconds, minimizing arbitrage risks and ensuring fairer pricing—especially valuable during periods of high volatility.
👉 Learn how next-generation swap mechanisms are transforming user experience in DeFi.
Frequently Asked Questions (FAQ)
Q: What does “Take crypto seriousLee” mean?
A: It’s a play on Bruce Lee’s name and a call to approach cryptocurrency with discipline, focus, and integrity—values central to both martial arts and sound financial decision-making.
Q: How does partnering with the Bruce Lee Family Company benefit 1inch users?
A: While symbolic at its core, the partnership fuels educational initiatives that simplify DeFi concepts for new users, ultimately driving broader adoption and trust in decentralized technologies.
Q: What is 1inch Fusion+ and why does it matter?
A: Fusion+ is an innovative swap mechanism that uses batch auctions to reduce MEV and improve price fairness. It protects users from predatory trading practices common in traditional DEX models.
Q: Which blockchain had the highest growth for 1inch in October?
A: Base showed remarkable growth in user numbers and transaction volume, indicating strong momentum in retail-focused DeFi applications.
Q: Can I use 1inch without connecting a wallet like Bitget?
A: Yes—1inch supports a wide range of wallet integrations including MetaMask, WalletConnect, Ledger, and others. Bitget Wallet is now one of many seamless options.
Q: Is 1inch available on mobile devices?
A: Absolutely. The 1inch app offers full functionality on both iOS and Android, allowing users to swap tokens, track portfolios, and manage permissions on the go.
Looking Ahead
As we move forward, 1inch remains committed to innovation, transparency, and user-centric design. The integration of cultural storytelling with cutting-edge technology sets a new standard for how blockchain projects can engage global audiences.
With robust infrastructure, expanding partnerships, and a clear vision for inclusive finance, 1inch is not just adapting to the future—it’s helping build it.
👉 See how decentralized exchange aggregators are leading the next phase of Web3 evolution.
Stay tuned for more updates as we continue to explore new frontiers in DeFi, cross-chain interoperability, and user empowerment throughout 2025.