1inch Co Founder Anton Bukov Departs to Launch Second Tier

Anton Bukov, one of the key figures behind the 1inch exchange, has officially moved on from his operational role at the company. Bukov shared that he was fired from his position earlier this year. Despite this sudden change, he remains a significant stakeholder with a fifty percent ownership interest in the project.

Following his departure, Bukov has started work on a new venture titled Second Tier. While he is no longer involved in the day to day management of 1inch, his ongoing stake ensures he stays tied to the success of the protocol. He has not provided specific details on how his new firm will function or how it might relate to his past work.

The departure of such a prominent founder often creates uncertainty among active users and liquidity providers. Traders should keep an eye on how the 1inch team manages this leadership transition and whether any major product changes follow. For now, the market is waiting to see if this shift impacts the long term vision of the decentralized exchange.