What is 0x (ZRX)?
0x is an infrastructure protocol enabling seamless trading of ERC20 tokens and other blockchain-based assets on the Ethereum network—without relying on centralized intermediaries like traditional cryptocurrency exchanges.
Key features:
- Decentralized exchange (DEX) functionality powered by open-source smart contracts.
- ZRX token (ERC20 utility token) facilitates governance, staking, and fee payments.
- Relayers (off-chain order book operators) earn fees in ZRX for providing liquidity.
In 2019, 0x introduced staking delegation, allowing ZRX holders to passively earn rewards by delegating tokens to market makers while retaining voting rights.
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Founders of 0x
Details about the founding team would go here, including their backgrounds and roles in the project.
What Makes 0x Unique?
- Modular Design: Developers can integrate 0x’s protocol into dApps for instant trading features.
- Liquidity Aggregation: Connects multiple liquidity sources for competitive pricing.
- Governance: ZRX holders vote on protocol upgrades and treasury management.
ZRX Tokenomics
- Total Supply: Fixed at 1 billion ZRX.
- Circulating Supply: Updated dynamically (check CoinMarketCap for live data).
- Use Cases: Transaction fees, staking rewards, and governance.
Security Measures
0x leverages:
- Ethereum’s PoS consensus (post-Merge).
- Smart contract audits by third-party firms.
Where to Buy ZRX
Available on major exchanges like:
- Binance
- Coinbase
- OKX
FAQ
Can I stake ZRX without technical knowledge?
Yes! Delegating tokens to a market maker simplifies passive income.
Is 0x compatible with other blockchains?
Currently Ethereum-focused, but cross-chain expansion is possible.
How are trading fees calculated?
Fees vary by relayer but are typically 0.1–0.3% per trade.