Messari Research •
March 3, 2026 at 15:40 •
Analysis
1inch’s Aggregation Protocol averaged $244.9M in daily volume (-50.5% QoQ) as market-wide trading activity cooled, with BNB Chain volumes retracing and Ethereum remaining the most stable liquidity venue. Intent-based products strengthened as the Limit Order Protocol averaged $104.4M in daily volume (+19.9% QoQ) with daily orders rising 131.4% to 22,775, while Fusion grew to $82.8M in daily volume (+22.6% QoQ) as active wallets held flat (-0.2% QoQ), indicating higher execution intensity. Fusion+ activity retraced from Q3 highs, with median daily volume declining to $1.47M (-38.6% QoQ) and median daily active wallets falling 12.2% to 277, stabilizing above earlier 2025 levels. 1inch ended Q4 with a 25.2% share of aggregator volume and a 20.8% share of aggregator users...
