Crypto exchange developer Shipyard Software has raised $21 million to build Clipper, a decentralized exchange that is designed for different types of traders.

1inch, the native token of the decentralized exchange aggregator 1inch Network, has posted interesting movements in the last 24 hours.

The 1inch decentralized exchange aggregator protocol has entered into a new partnership that could see it offering services to rival the Ethereum Name Service (ENS).

1inch, a leading cryptocurrency exchange aggregator, released the Rabbithole tool on 25 November, aimed at protecting users against sandwich attacks. Rabbithole allows users to send transactions to Ethereum [ETH] nodes directly, bypassing the mempool.

Data from Santiment revealed that the intraday trading session for 1INCH was marked by a rally in the count of whale transactions. This rally came after the severe price volatility that plagued the cryptocurrency market on 23 and 24 October.

1inch is a protocol that is trying to solve this issue by ensuring traders with the best price possible.

1 inch network price action is attracting a high-low pattern in the lower time frame.

The DEX aggregator said the partnership would promote the wider adoption of DeFi and Web3 products and services.

Impacted by the general decline in the cryptocurrency ecosystem, 1inch suffered a considerable blow to its trading volume and revenue in Q3, Messari found in a new report. Launched in May 2019, the 1inch Network is an all-in-one decentralized finance (DeFi) protocol housed within several blockchains, namely Ethereum, Arbitrum, Optimism, Polygon, Avalanche, BNB Chain, Gnosis, Fantom, Klaytn, and Aurora.

Through this partnership, 1inch wallet users can perform crypto transactions in a more user-friendly way by replacing complex addresses with domain names.