1inch Labs has released a test Web3 Software-as-a-Service (SaaS) platform with an API for creating new products.
According to the co-founder of the project, Sergej Kunz, the platform was created to “provide fast and efficient software solutions for developers” and has been tested in 1inch products since 2019.
Integrations with MetaMask, Trust Wallet, and Ledger have already been made.
The solutions offered by the platform include a Swap API for accessing liquidity on multiple blockchains, a Spot Price API for token price tracking, a Balance API providing wallet balance information, a Token API for token searches, a Transaction Gateway API for transaction protection and analysis, a Portfolio API for Ethereum, BNB Chain, and Polygon network data tracking, and a 1inch Orderbook for placing orders in the order book.
Two subscription plans are available – Free and Enterprise, with the latter offering more requests per second.
Additionally, the 1inch Network Community recently approved a $2 million funding proposal for creating a hardware wallet for the ecosystem, while the DeFi protocol also added support for zkSync, a Layer 2 (L2) scaling solution for the Ethereum network.
