1inch team introduced a new product
The solution will allow you to qualitatively interact with data on token prices received from the blockchain
During the new update, the 1inch team launched a new product – spot price aggregator. This tool consists of smart contracts that interact with different DEXs to get a weighted spot price of the token.
The need for a spot price aggregator arose as a solution to a specific problem: not all tokens aggregated by 1inch , are supported by existing price information services. The presented solution will allow high-quality interaction with data on the prices of tokens received from the blockchain, for example, in the interface of websites or applications.
The main advantages of the innovation are:
- Support for more decentralized exchanges on Ethereum, Binance Smart Chain, Polygon, Avalanche, Optimistic Ethereum, Arbitrum and Gnosis Chain.
The price is displayed without any delay.
Spot Price Aggregator can be integrated into your project, since all smart contract addresses and source code are available on GitHub.