1inch records $800 billion in volume but faces profitability challenges

Despite facilitating over $800 billion in cumulative trading volume since 2019, 1inch has yet to achieve sustainable profitability. Co-founder Sergej Kunz attributes this to the relatively small scale of the DeFi market and the competitive nature of aggregator fees. The protocol is now pivoting toward new revenue streams, including RWA routing, the Aqua shared liquidity layer, and B2B infrastructure services, to move beyond the thin margins of spot trading aggregation.