Multisig wallets = shared control over crypto.
More signatures = more security.
Essential for DAOs, teams, and large funds.
Let’s break it down. 🧵
6.16K
28
1inch
you can swap tokens all day
but can you swap them… for love?
9.72K
73
Coinact - Open Interest Variations
$1INCH aggr. OI decreased by -8.73% in the last 15m.
Exchanges where it decreased : Bitget futures.
More than -$1,222,366.72 taken away.
Price is now $0.200700.🔃🔴️
2.45K
1
1inch
Say GM without saying GM. Go.
23.59K
153
TVBee
Brothers, Brother Bee has a name for foresight, right?
As I have said more than once before, Brother Bee has the attribute of avoiding pits.
I often use GMGN to read information, but I have never authorised it.
As for Twitter, more than one organisation has contacted Brother Bee. On the one hand, Brother Bee is a third-party independent analyst, and on the other hand, it is not suitable to hang which one or not to hang, so he simply does not hang up.
Why didn't you dare to authorise the GMGN? Because GMGN doesn't have code auditing.
Code audit does not mean that it is safe, but at the very least, a project is willing to spend money to find a formal organisation to conduct an audit, and has a long-term business plan. (What's more, there are projects that have been audited and returned to rug)
The previous article collated some of the newer DEX audit reports. Among them, it is specifically written that GMGN does not have code audits.
Of course, GMGN has bug bounties and has paid a total of $3,000 so far.
Although this form of brainstorming and extensive discussion can also find a lot of risks. But projects that don't have code audits are a bit reassuring.
Audit or not, several audits, audit institutions, these can reveal not only the safety information of the project, but also the level of the project. The best projects are with well-known auditors, and may even seek code audits from more than one auditor.
It is said that the reward promoted by GMGN to KOLs is very substantial (I don't know if the total amount exceeds the 3,000 dollars of this bug bounty). So why don't you want to pay for a professional team to do a code audit?
So Brother Bee uses GMGN, but never authorises it.
By the way, I was in a bit of a hurry when this article was published, and I didn't find the code audit agency of UniversalX at that time, but later I found it on Github, the code audit report by Slowfog Audit, by the way.
TVBee
SUI Ecosystem DEX #Cetus Is Code Security Audit Really Sufficient When Attacked?
The cause and impact of the attack on Cetus are not yet clear, but we can first take a look at the code security audit of Cetus.
For the uninitiated, we can't understand the specific technology, but this audit summary can be understood.
➤ Certik's audit
Certik's code security audit of Cetus found only 2 minor hazards that were resolved. There are also 9 informational risks, 6 resolved.
Certik gave an overall rating of 83.06 and a code audit score of 96.
➤ Other audit reports from Cetus (SUI Chain)
A total of 5 code audit reports are listed on Cetus' Github, excluding Certik's audit. It is estimated that the project team also knew that Certik's audit was a formality, so it did not include this report.
Cetus supports both Aptos and SUI chains, and the 5 audit reports are from MoveBit, OtterSec, and Zellic, respectively. Among them, MoveBit and OtterSec audit Cetus's code on the Aptos and SUI chains, respectively, and Zellic should also audit the code on the SUI chain.
Because it was Cetus on the SUI chain that was attacked this time, we will only look at the audit report of Cetus on the SUI chain below.
❚ Audit report from MoveBit
The report was uploaded to Github on 2023-04-28
If we don't understand the specific content of the audit, we can find a table like this to see the number of risk issues listed in the report at each level, and how well they are resolved.
MoveBi's audit report on Cetust found a total of 18 risk issues, including 1 fatal risk issue, 2 major risk issues, 3 medium risk issues, and 12 mild risk issues, all of which have been resolved.
There are more problems than Certik has found, and Cetus has solved them all.
❚ Audit report from OtterSec
The report was uploaded to Github on 2023-05-12
OtterSec's audit report on Cetus found a total of 1 high-risk issue, 1 medium-risk issue, and 7 informational risks, and the screenshots were not taken because the report table did not directly show the resolution of the risk issue.
Among them, both high-risk and medium-risk issues have been resolved. Informational risk issues, 2 resolved, 2 fixed patches submitted, and 3 more. After a rough study, these 3 are:
•The code of Sui and Aptos versions is inconsistent, which may affect the accuracy of price calculation of liquidity pools.
• Lack of paused state verification, no verification of whether the liquidity pool is in a paused state at the time of swap. If the pool is suspended, it may still be possible to trade.
• Convert U256 type to U64 type, if the value exceeds MAX_U64 it will cause overflow, which may lead to calculation errors in the case of large transactions.
It is uncertain whether the attack is related to the above issues.
❚ Audit report from Zellic
The report was uploaded to Github in April 2025
Zellic's audit report on Cetus identified three informational risks, none of which were fixed:
• A function authorisation issue that allows anyone to call to deposit fees into any partner account. It doesn't seem to be risky, it's saving money, not withdrawing money. So Cetus didn't fix it for the time being.
• There is a function that is still referenced by a deprecated generation, and the code is redundant, which seems to be risky, but the code is not prescriptive enough.
• One of the UI rendering issues in the NFT display data could have been character-based, but Cetus used the more complex TypeName data type in the Move language. This is not a problem, and it is possible that Cetus will develop other features for NFTs in the future.
Overall, Zellic found 3 ozone layer sub-issues, which are basically risk-free and belong to the code specification aspect.
We have to remember these three auditors: MoveBit, OtterSec, Zellic. Because most of the auditors on the market are good at EVM audits, these three auditors belong to the Move language code auditors.
➤ Audit & Security Level (Take the new DEX as an example)
First of all, projects that have not been audited by code are subject to a certain amount of Rug risk. After all, he is not even willing to pay for this audit, and it is difficult for people to believe that he has a desire to operate for a long time.
Secondly, Certik audit is actually a kind of "human audit". Why is it a "human audit", Certik has a very close cooperation with coinmarketcap. On coinmarketcap's project page there is an audit icon, which clicks on it to take you to Certik's navigation platform, skynet.
coinmarketcap, as a platform owned by Binance, indirectly enabled Certik to establish a partnership with Binance. In fact, Binance and Certik have always had a good relationship, so most projects that want to list on Binance will seek Certik's audit.
Therefore, if a project seeks Certik's audit, it is likely to want to list on Binance.
However, history has shown that the probability of an attack on a project audited only by Certik is not low, such as DEXX. There are even projects that have been FUG, such as ZKasino.
Of course, Certik also has some other security help, not only code auditing, Certik will scan websites, DNS, etc., and there are some security information other than code auditing.
Third, many projects will seek 1~more than one other high-quality audit entities to conduct code security audits.
Fourth, in addition to professional code audits, some projects will also carry out bug bounty programs and audit competitions to brainstorm and eliminate vulnerabilities.
Because this is a DEX product, let's take some newer DEXs as examples:
---------------------------
✦✦✦GMX V2 is a code audit conducted by 5 companies, including abdk, certora, dedaub, guardian, and sherlock, and launched a single bug bounty program of up to $5 million.
✦✦✦DeGate, a total of 35 companies from Secbit, Least Authority, and Trail of Bits conducted code audits, and launched a single bug bounty program of up to $1.11 million.
✦✦✦DYDX V4 is a code security audit conducted by Informal Systems, and a single bug bounty program of up to $5 million has been launched.
✦✦✦HyperLiquid conducts code security audits by HyperLiquid, and has launched a single bug bounty program of up to $1 million.
✦✦UniversalX is audited by Certik and another expert auditor (the official audit report has been temporarily removed from the shelves)
✦GMGN is special in that there is no code audit report found, only a single bug bounty program of up to $10,000.
➤ Write at the end
After reviewing the code security audits of these DEXs, we can see that even DEXs like Cetus, which are jointly audited by 3 auditors, are still vulnerable to attacks. Multi-agent audits, combined with vulnerability bounty programs or audit competitions, ensure relatively secure security.
However, for some new Defi protocols, there are still problems in code auditing that have not been fixed, which is why Brother Bee pays special attention to the code audit of new Defi protocols.
The current price of 1inch is ₺7.3462. Over the last 24 hours, 1inch has decreased by -11.97%. It currently has a circulating supply of 1,389,469,782 1INCH and a maximum supply of 1,500,000,000 1INCH, giving it a fully diluted market cap of ₺10.22B. At present, 1inch holds the 110 position in market cap rankings. The 1inch/TRY price is updated in real-time.
The rating provided is an aggregated rating collected by OKX TR from the sources provided and is for informational purpose only. OKX TR does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX TR does not guarantee any return, repayment of principal or interest. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates ("OKX TR") are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
The growth of cryptocurrencies opened up avenues for both centralized and decentralized exchanges. The latter dispels the need for an authority figure. Decentralized exchanges (DEX) only require users to connect to the blockchain to begin trading. 1inch (1INCH) is one such exchange.
What is 1inch
1inch is a decentralized exchange that aims to provide users with the best prices for cryptocurrency trades across multiple blockchains. By aggregating liquidity from various sources, the DEX efficiently splits trades across different exchanges to secure the most favorable prices for users. To do so, 1inch scans various DEXs to identify the best available prices and seamlessly reroutes users' trades to maximize their trading outcomes.
1inch team
1inch was co-founded by Sergej Kunz and Anton Bukov. The team at 1inch includes experts in technology, blockchain, marketing, and sales, among others, who contribute to the development and operations of the platform.
1inch has also received backing from notable investors and venture capital firms, including Binance Labs, Pantera Capital, and other prominent VCs.
How does 1inch work
1inch operates as a decentralized exchange aggregator that constantly monitors other DEXs to find the most competitive cryptocurrency rates for users. By utilizing smart contracts, 1inch efficiently routes customers' trades to the identified DEXs offering the best prices. This approach of searching through various exchanges helps to deepen liquidity and provide users with access to the most favorable prices available in the market.
To further deepen liquidity, 1inch offers users the opportunity to participate in liquidity mining. In return for providing liquidity to the platform, users can earn rewards in the form of additional tokens.
1inch's native token: 1INCH
1inch’s native token, 1INCH, powers the liquidity aggregator, liquidity protocol, and DAO. Beyond being an ERC-20 token, 1INCH serves as a governance token. 1INCH token holders are granted voting rights and can actively participate in shaping the future of the protocol. To do so, they can vote in favor of or against proposed changes and new parameters for the protocol.
1INCH tokenomics
There is a total supply of 1.5 billion 1INCH tokens and a circulating supply of over 413 million tokens. In addition to voting rights, 1INCH holders can earn rewards in the form of airdrops by holding the token.
How to stake 1INCH
1INCH holders can earn rewards when they commit a percentage of their holdings to the protocol. Staking on the 1inch protocol is straightforward. First, launch the 1inch dApp. Hover over the “DAO” tab and click “Staking” from the dropdown menu. Then, enter the amount of 1INCH you would like to stake, set the locking period, and click Give permission to stake. Sign the transaction in your connected wallet to finalize the process. Once completed, you will receive Unicorn Power that you can delegate to resolvers to start receiving rewards.
1INCH use cases
1INCH is more than a utility token; it plays a crucial role in the governance of the protocol, enabling token holders to vote on proposals put forward by the community. Additionally, 1INCH powers the liquidity mining process through staking. By staking their 1INCH tokens, users can contribute to the liquidity of the protocol and earn rewards in return.
Distribution of 1INCH
1INCH is distributed as follows:
30 percent is reserved for community incentives.
22.5 percent is designated for core contributors.
18.5 percent is allocated to the first set of backers.
14.5 percent is reserved for the network growth fund.
12.2 percent is allocated to the second set of backers.
2.3 percent is allocated to small-scale backers.
What does the future hold for 1inch
Touted as the leading DEX aggregator, 1inch provides a liquidity pool, token farming capabilities, and a truly decentralized governance model. These features set the DEX aggregator apart from others. With a dedicated team focused on integrating advanced software and tools to ensure optimal prices, 1inch is poised to maintain its relevance as a leading DEX aggregator.
Show more
Show less
Trade popular crypto with low fees and powerful APIs
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 1.5K new posts about 1inch, driven by 918 contributors, and total online engagement reached 330K social interactions. The sentiment score for 1inch currently stands at 89%. Compared to all cryptocurrencies, post volume for 1inch currently ranks at --. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of 1inch.
Powered by LunarCrush
Posts
1,532
Contributors
918
Interactions
329,693
Sentiment
89%
Volume rank
--
X
Posts
1,334
Interactions
158,114
Sentiment
89%
1inch FAQ
What is 1inch?
1inch is a decentralized exchange that scans for the best prices across multiple exchanges, providing users with the lowest trading prices.
What are the utility and benefits of holding 1INCH?
The benefits of holding 1INCH include voting rights, participation in the protocol's governance ecosystem, and staking opportunities for earning returns.
Where can I buy 1INCH?
Easily buy 1INCH tokens on the OKX TR cryptocurrency platform. Available trading pairs in the OKX TR spot trading terminal include 1INCH/USDT and 1INCH/USDC.
To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into 1INCH, visit the OKX TR Crypto Converter Calculator. OKX TR's high-liquidity crypto exchange ensures the best prices for your crypto purchases.
How much is 1 1inch worth today?
Currently, one 1inch is worth ₺7.3462. For answers and insight into 1inch's price action, you're in the right place. Explore the latest 1inch charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as 1inch, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as 1inch have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Socials