After expanding into the Solana ecosystem, 1inch regained its dominant position among DEX aggregators with a 60% market share in May.

According to reports from Hash World, the DEX aggregator 1inch has regained its market dominance by expanding into the Solana ecosystem, with its market share climbing to 60% in May, doubling from its low point in March. Data shows that its Solana version, launched at the end of April, accurately captured the trading frenzy of MEME coins on that chain, driving the platform's total trading volume to $31.5 billion, accounting for 60% of the industry's historical peak trading of $5.2 billion. This strategic expansion has significantly changed the competitive landscape, squeezing the shares of competitors like CoW Swap and Kyber. Analysts point out that Solana currently hosts 86% of new token issuance (with the Base chain accounting for 10%), and 1inch's rapid success may force other aggregators to accelerate their multi-chain strategies. This reshuffling of market share indicates that, amidst the high fees generated by MEME coin trading, the choice of ecosystem has become a key variable in the competition among DEX aggregators.