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1inch discontinues crypto card program

Tue20 Oct 202620:12 UTCNSNihad ShahResearch Analyst

The 1inch network has officially announced the termination of its crypto card program, a service that allowed users to spend their digital assets in everyday transactions. While the service is coming to a close, the team has implemented a clear transition plan to ensure that no user funds are lost during the sunsetting process. Customers have been instructed to withdraw their remaining balances as soon as possible to avoid any complications.

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In a move to provide peace of mind to its community, 1inch has confirmed that any leftover balances will remain claimable for a period of six years. This extended timeframe is intended to give users ample opportunity to recover their assets even if they are not active on the platform on a daily basis. The team is dedicated to maintaining a transparent communication channel throughout this period to answer questions and assist with the recovery process.

This decision marks a strategic pivot for the project as it refocuses on its core offerings in the decentralized exchange space. While the card was a notable feature, the team believes that shifting resources back to the protocol will better serve the majority of its users. 1inch continues to be a central part of the decentralized finance ecosystem, providing liquidity and trading features that remain highly popular among traders who prefer self custody.

Users who currently hold funds within the card interface should log in to their accounts to initiate the transfer of their assets to a personal wallet. The 1inch platform provides simple instructions on how to move these funds, ensuring that the process remains straightforward for all account holders. It is recommended that users do not wait until the final months of the recovery period to secure their holdings.

As the industry changes, many projects are reevaluating their product suites to ensure they remain sustainable in 2026. By closing the card service, 1inch is streamlining its operations to focus on what it does best. The team remains committed to the principles of decentralized finance and continues to work on updates for the primary protocol, ensuring that the liquidity and speed that traders expect are always maintained.

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