1inch Network Launches Spot Price Aggregator

TokenInsight news, 1inch Network announced the launch of its Spot Price Aggregator, developed by the 1inch Labs team. The tool extracts price data for tokens traded on DEXes from the blockchain and provides a liquidity-weighted average of tokens’ spot prices on multiple DEXes. To avoid price manipulations within a transaction, it is recommended that the spot price aggregator only be used off-chain. 1inch Spot Price Aggregator currently supports a higher number of DEXes on Ethereum, Binance Smart Chain, Polygon, Avalanche, Optimistic Ethereum, Arbitrum and Gnosis Chain.