# 1inch vs Uniswap

By [crazyneighbor.eth](https://paragraph.com/@crazyneighbor) · 2023-12-05

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1.  **Aggregation vs. Standalone Exchange:**
    
    *   [**1inch**](https://1inch.io/)**:** 1inch operates as a **decentralized exchange aggregator**. It sources liquidity from various DEXes, including Uniswap, Kyber, and others, to provide users with the best possible trading routes and rates.
        
    *   **Uniswap:** Uniswap is a standalone decentralized exchange that uses an automated market maker (AMM) model. It has its liquidity pools, and users can trade directly with these pools.
        
2.  **Optimization Algorithm:**
    
    *   [**1inch**](https://1inch.io/)**:** 1inch **is known for its algorithm that optimizes trades by finding the most cost-effective and efficient trading routes across multiple DEXes**. This algorithm aims to reduce slippage and provide users with better execution prices.
        
    *   **Uniswap:** Uniswap's AMM model relies on a simple formula to determine token prices within its liquidity pools. While it provides a straightforward and automated trading experience, it may result in higher slippage for larger trades compared to optimized aggregators like 1inch.
        
3.  **Multi-Chain Support:**
    
    *   [**1inch**](https://1inch.io/)**:** 1inch has **expanded its services beyond Ethereum and supports multiple blockchains**, including Binance Smart Chain (BSC), Polygon, and others. This allows users to access liquidity on different chains.
        
    *   **Uniswap:** As of my last knowledge update, Uniswap primarily operates on the Ethereum blockchain. There are discussions and proposals to bring Uniswap to other blockchains, but significant developments may have occurred since then.
        
4.  **Governance Token:**
    
    *   [**1inch**](https://1inch.io/)**:** **1inch has its governance token, called 1INCH**. Holders of the token can participate in the governance decisions of the protocol.
        
    *   **Uniswap:** Uniswap has its governance token, UNI, which allows token holders to participate in the governance of the Uniswap protocol.
        
5.  **User Interface and Experience:**
    
    *   [**1inch**](https://1inch.io/)**:** **1inch provides a user-friendly interface** that displays aggregated liquidity and offers features for optimized trading. Users can access the 1inch platform through its web interface or integrate it into various wallets.
        
    *   **Uniswap:** Uniswap is known for its simple and easy-to-use interface, accessible directly from users' wallets or through various decentralized finance (DeFi) interfaces.

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*Originally published on [crazyneighbor.eth](https://paragraph.com/@crazyneighbor/1inch-vs-uniswap)*