Sergej Kunz - One Path to Mass Adoption - TOKEN2049 Singapore 2025

Every once in a while, a revolutionary product comes along that changed everything. Steve Shop said this in 2007 before he announced iPhone. And today I'm proud to announce something what is revolutionary in defi space. defines its revolutionary moment today. Over the years, 1 in has set the standards for dex aggregation, gasless trading, and crosschain swaps.

Are you getting it? Competitive rates, zero gas, crosschain. Competitive rates zero gas crosschain. I will try once again. Competitive rates zero gas crosschain.

These are not three separate products. This is one product and from now it lives under one brand. This is one age reinvention of the brand and the user experience. [Music] Today 1 inch rainman's trading the biggest problem in defi is that two percentages of crypto users are using decentralized finances. From 560 million active crypto traders, only 14 million million users are using DeFi.

This is based on the research of AAA coin law. If you look on the landscape, we have Dex aggregators, we have D5 protocols like Dexes, legacy Dexes, we have centralized exchanges. And we place one inch here on the landscape. One inch is simple and smart. This are current platforms for the AC and define the average DEX.

It's a single liquidity source. Legacy Dexes even struggle with the note efficient implementations and high execution costs. We have centralized exchanges who own you crypto and we have bridges what got hacked for amount for around of4 billion US dollars. I like this comparison of Steve Jobs of smartphones in 2007 but we're not really smart. Defi needs a platform what is actually smart.

Users should not care how to swap one asset against another and find the right execution path. The complexity should be not visible to the user. Complexity should stay with the professional executors, professional traders, professional market makers who do it every day. And if I need to be simple to use. So we did it.

A simple widgetbased architecture. VRVA offer a simple user interface and as simple it was in 2007 to do the first tab with the finger. We do it with uh the just simple tap on swap button where we have no gas calculations. No bridge selection, no protocol choosing. At 1 in we had three major breakthrough breakthroughs.

We introduced Pathfinder back in 2020. It scans more than three million liquidity sources. It finds ruins roots humans can't even imagine and consistently we give better rates with our pathfinder. We had a second breakthrough and in 2022 we introduce intentbased architecture resolvers professional traders market makers are competing to execute the user trades. User don't pay any gas, don't pay any fees for the transaction itself because it's not even a transaction, it's an intent and all costs are included in the rate.

So we get great user experience similar to centralized exchanges. And the third one came last year. Atomic swaps between any chain. No bridges, no wrap tokens. Even Salana Ethereum works.

So we took everything every all all the best from all worlds. So if you see one in offer self- custody simple UX best execution gas-free trans execution trade swaps and crosschain and one inch powering D5 from the beginning we have seen 700 billion of volume through 1 in protocols we support 13 blockchains and more than 250 protocols under the hood and who is building on 1 in these are hardware wallet wallets, mobile applications, leading cryptocurrency wallets, payment protocols, payment services. Even institutionals are integrating one inch. This is not just a DEX aggregator. This is defa five years ahead.

While others debate on gas optimization and rewriting own smart contracts architecture building trying to build a standard for crosschain swaps we have it already. It works already very well. We already offer best execution on the market offering also crosschain and we improve always and cons consistently our rates. So to unlock the mass adoption we need not just one inch following this path. Every major project should follow the same path.

give the simplicity uh for for the users. Today we have two percentages using D5 and tomorrow we will have around a billion of users following. What's about enterprise? Every major institution want web three but they cannot build it by themselves. It's too complex.

And we introduce oneish business enterprise grade web3 APIs now available for your business. If you look again here in the landscape we have a lot of different providers. We have RPC providers not providers traditional APIs. Even projects try to build the APIs by themselves but it takes like five years to build proper proper environment. you need to invest huge amount of of money into it and it needs to be fully maintained and high available or you just integrate one in five minutes.

So we offer bunch of different APIs. Actually any project can build on top of it just on a single hackathon and we are trusted by industry leaders. Major cryptocurrency wallets are using 1 in hardware wallets are using 1 in. Professional traders integrating 1 in APIs. Even institutionals integrating 1 in for the best execution.

We offer high availability. We reduce our latency to the lowest ever possible in web3 industry and we are so compliant. one API call you you got instant access to the whole global liquidity of decentralized finances. Every company will be a web three company. We are making it possible from traditional banks to institutionals to innovative startups.

Start building today at business.1.com. We have nice free tiers for everyone. And there's something what we haven't shown yet.

Something what's coming this year. The future of DeFi infrastructure. We call it 1 in Aqua. Highest capital efficiency in DeFi. Revolutionary open architecture we will introduce end of this year.

And this is the infrastructure what Defi deserves. Let's connect. We are here presented with a booth. Come over. We have nice merch.

Thank you very much. It was pleasure to be here.