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1inch co-founder Anton Bukov confirms firing, launches Second Tier

A founding-team exit at one of DeFi's longest-running aggregators turns into a new venture, with no token, terms, or treasury detail yet on the record.

1inch co-founder Anton Bukov confirms firing, launches Second Tier
1inch co-founder Anton Bukov confirms firing, launches Second Tier

Anton Bukov, co-founder of the 1inch DEX aggregator, said he was fired from the project in November 2025 and is now building a new initiative called Second Tier. The announcement, posted on social media, frames the departure as the trigger for the new venture rather than a governance dispute or token-related disagreement.

Why it matters

1inch has been a fixture of Ethereum DEX aggregation since 2020, and Bukov was a named co-founder alongside Sergej Kunz. A founding-team exit at that scale is rare in DeFi, where the original teams typically stay in place through several product cycles. The fact that Bukov is going straight into another project, rather than stepping back, signals he wants to stay active in the builder side of the space.

Market impact

There is no token, no treasury, and no product spec attached to Second Tier yet, so the read is personnel-driven rather than price-driven. $1INCH itself has not been framed by Bukov as a contested asset. What to watch: whether the 1inch Foundation or remaining co-founders respond, and whether Second Tier ships a working product before the end of 2026.

Frequently asked questions

  1. Who is Anton Bukov in the 1inch context?

    Anton Bukov is a named co-founder of the 1inch DEX aggregator, alongside Sergej Kunz. 1inch has operated as a major Ethereum DEX aggregator since 2020.

  2. When did Bukov say he left 1inch?

    Bukov said he was fired from 1inch in November 2025, according to his own social media announcement.

  3. What is Second Tier?

    Second Tier is a new project Bukov said he is launching after his exit from 1inch. No token, treasury detail, or product specification has been disclosed yet.

  4. Does this affect the 1inch token?

    There is no public indication of a token or governance dispute tied to Bukov's departure, and $1INCH has not been framed by him as a contested asset. The read so far is personnel-driven rather than price-driven.

  5. What should readers watch next?

    Whether the 1inch Foundation or remaining co-founders respond publicly, and whether Second Tier ships a working product before the end of 2026.

Source attribution
Aggregated from CoinTelegraph · Verified · Last refreshed 1h ago
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