1inch Shakeup: Co-founder Claims He Was Fired, Launches New Venture
The DeFi space is reeling after 1inch co-founder Anton Bukov revealed he was 'fired' from the protocol following a seven-year tenure. Bukov claims his departure was a direct result of pushing for essential changes in the company's management and operational structures, sparking a public dispute.
As Bukov pivots to his next ambitious project, Second Tier, the 1inch team has released contradictory statements regarding his actual involvement in recent months. This leadership friction highlights the growing pains and governance challenges within major decentralized finance protocols.
Anton Bukov, the co-founder of 1inch, has announced his complete exit from the company's operations after more than seven years. In a post on X, Bukov stated he was 'fired' in November 2025 after advocating for significant changes to the company’s management and operational workflows.
While Bukov intends to launch a new venture called Second Tier—and maintains a 50% ownership stake as a co-founder—the transition is mired in controversy. 1inch issued a conflicting account, claiming Bukov had not been actively involved in any associated organizations since December 2025. The fallout underscores the volatility of leadership roles within the rapidly evolving crypto industry.
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