The 1inch Limit Order Protocol added users at a rapid clip during the first three months of 2026, even as the broader market pulled back hard. Daily average active addresses climbed 45.9% quarter-over-quarter to 4,200, up from 2,900 in Q4 2025.

The catch: those new users were trading less per order. Overall daily average volume on the protocol fell 30.1% to $72.9 million, and the average order size shrank 40.2% to $2,700.

BNB Chain carried the weight

Almost all of the growth story traces back to a single chain. BNB Chain active addresses surged 340.8% quarter-over-quarter to 2,700, representing 64.4% of all active addresses on the Limit Order Protocol.

Daily average volume on BNB Chain rose 52.7% to $24.0 million. That is a striking divergence from the protocol’s overall volume decline, and it has a specific catalyst: Ondo Finance.

A partnership between 1inch and Ondo Finance enabled tokenized real-world asset swaps through the 1inch Swap API. The cumulative volume for tokenized stock and ETF swaps processed through 1inch crossed $2.5 billion as of March 5, 2026.

Ethereum slipped while Fusion held steady

While BNB Chain surged, Ethereum went the other direction. Both active addresses and trading volume declined on Ethereum’s slice of the Limit Order Protocol during Q1. The report, authored by Austin Weiler and published on May 22, 2026, did not mince words about the divergence.

The broader 1inch ecosystem showed similarly mixed results. The Aggregation Protocol saw a notable drop in addresses. Fusion, the protocol’s gasless execution product, remained largely stable.

On the product front, 1inch shipped Trade Mode on March 3, 2026. The update overhauled the trading interface and cut the median execution time for Fusion transactions down to 14 seconds.