Messari has relaeasd the report called “State of 1inch Q3 2022”. The report said that in Q3 2022, the total trading volume of 1inch fell 45.5% from $49.5 billion to $27 billion. 1inch processed 4.6 million trades in Q3 2022. Although overall trading volume fell by almost half, total trades were flat QoQ. With over 84% dominance in total trading volume over the last three quarters. Polygon and BNB Chain are the second and third largest chains where 1inch is deployed. Polygon flipped BNB Chain in total volume QoQ for the first time since Q4 2021. Total users of 1inch in Q3 rebounded from the prior period growing a modest 2.4% to 2.2 million users. There were approximately 23,500 daily average users in Q3, in line with the preceding period. Most users were on Polygon, followed by Ethereum.