0x
ZRX
Crypto
Decentralised Networks
USD 0.12+2.39%
0x
UMushroom community rating:
About
Decentralised Networks
Categoryn/a
Consensus MechanismL2
L1/L2Other
Sub-cateegoryethereum
Ecosystem2017
Year of creation
Description
0x (ZRX) is a Decentralised Networks crypto token. 0x was founded on 2017-08-16 on the ETHEREUM ecosystem. More information can be found at http://0xprotocol.org/.
Key Technical Advantages:
0x Protocol: The 0x protocol is a set of secure, audited smart contracts that facilitate the exchange of tokenized assets on multiple blockchains. The protocol's settlement logic verifies the maker's digital signature and ensures all conditions of a trade are met before atomically swapping the involved assets between the Maker and Taker. Maker and Taker System: The 0x ecosystem operates on a Maker-Taker system. Makers are the entities who create 0x orders and provide liquidity into the system. On the other hand, Takers are the entities who consume the 0x liquidity by agreeing to trade their assets for the Maker's assets. Off-Chain Relay, On-Chain Settlement: 0x uses a paradigm of off-chain relay and on-chain settlement, which means orders are not stored on the blockchain. Instead, orders are stored off-chain, and trade settlement only occurs on-chain, enhancing flexibility and gas-efficiency. APIs: The 0x platform provides a suite of APIs, including Swap API, Tx Relay API, and Orderbook API, which have processed over 52 million transactions and $125B in volume from more than 6 million users. Applications: 0x allows developers to build various applications like decentralized exchanges, digital wallets, options and derivatives platforms, NFT marketplaces, and more. Some examples of projects built on 0x include Metamask, Coinbase, and dydx. Content summarized by AI chatbotSource:
https://0xproject.com/pdfs/0x_white_paper.pdfKey figures
-48.3%1Y
-37.2%3Y
-85.0%5Y
Performance
0/ 01D
0/ 01M
0/ 01Y
Highs/ Lows
30.08.2022
USD 2.50
All Time High
4.88%
% of All Time High
-97.07%All Time
-72.34%1 year
Max drawdown
#193
Ranking by Market Cap
103.97 M
Market cap (USD)
0.00%
% of Market
533.368 B
Category Market Cap (USD)
0.02%
% of Category
1000000000
Circulating Supply
848396562
Liquid Supply
84.84%
Liquid/ Circulating Supply
1000000000
Max Supply
100.00%
Circulating/ Max Supply
5255754
Volume Traded
4.90%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
3.00
Innovation:
3.00
Society:
3.00
Nature:
3.00
Robert Lukacsi
Risky
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