1inch has processed $800 billion in trading volume, yet it has still not turned a profit to this day.

BlockBeats news, September 10 — 1inch co-founder Sergej Kunz said that since its founding in 2019, 1inch has processed a cumulative token swap volume of approximately $809 billion, but the company has still not achieved profitability. Kunz believes that the current DeFi market size is still insufficient to support the platform in generating large-scale revenue by extracting value, and that rather than pursuing short-term profit, it is better to continue building infrastructure.

Kunz disclosed that 1inch is addressing DeFi liquidity fragmentation through its newly launched shared liquidity protocol Aqua. Research commissioned by 1inch from Dune shows that in the first half of 2026, about 85% of concentrated liquidity on major decentralized trading platforms was underutilized. Of the $1.84 billion in liquidity tracked, about $1.6 billion was not fully utilized, and an estimated $150 million in annual fee revenue was left uncaptured.

Aqua allows liquidity providers to support multiple trading pairs simultaneously through wallet balances without depositing assets into liquidity pools, with trade settlement completed by compliance-reviewed market makers. About $25 million in funds was deployed on the protocol's first day, accompanied by 10 million 1INCH and 500,000 USDC as incentives.

Currently, 1inch has partnered with mainstream platforms such as Coinbase, and Robinhood has also listed it as a Robinhood Chain partner. Kunz said 1inch prefers to build infrastructure first and look for commercialization opportunities after traditional finance and larger-scale capital enter.