0x Protocol
ZRX
$0.10179
Current Price
+0.91%
24h Change
Info
ZRX
Symbol
$101.83M
Fully Diluted Valuation
$86.40M
Market Cap
302
Market Rank
1.00B
Total Supply
$3.29M
Total Volume
$0.104329
24h High
$0.100368
24h Low
About 0x Protocol
0x Protocol (ZRX) aims to revolutionize decentralized exchanges by providing a robust infrastructure for peer-to-peer trading of Ethereum-based assets. Its mission is to foster a more open, efficient financial system by enabling seamless and low-cost asset exchange without relying on intermediaries. Built on the Ethereum blockchain, 0x Protocol leverages smart contracts to facilitate trustless trading, offering significant improvements in liquidity and accessibility for decentralized finance (DeFi) applications. The protocol's unique off-chain order relay with on-chain settlement mechanism allows it to achieve high transaction throughput while minimizing gas costs, making it a preferred choice for developers seeking efficient decentralized exchange solutions. 0x Protocol's ecosystem thrives on its versatile use cases, including token swaps, DeFi integrations, and NFT marketplaces. It empowers developers by providing an open-source framework to build custom trading applications, thus broadening its adoption in the DeFi space. The protocol has garnered significant attention through strategic partnerships and integrations with major platforms like Coinbase and dYdX, enhancing its market position. By focusing on building a developer-friendly environment and maintaining a decentralized governance structure through its native token, ZRX, 0x Protocol continues to be a pivotal player in the evolving blockchain landscape.
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FAQ
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