| Full Currency Name | 0x协议/ZRX |
| Currency Code | ZRX |
| Coin Intro | "The ZRX token is the circulating token designed to fuel the development of the 0x protocol ecosystem. It was launched on August 17, 2017, with a total supply of 1,000,000,000 ZRX. 0x is an open-source protocol for decentralized exchanges built on the Ethereum blockchain. This protocol, created through Ethereum smart contracts, allows anyone to create and run decentralized exchanges, enabling trading of ERC20 tokens without any intermediaries. The protocol combines off-chain and on-chain functionalities, facilitating a trading process where orders are placed off-chain and settled on-chain. This means orders can be processed off-chain while the blockchain focuses on settlement, improving operational efficiency and reducing costs. The ZRX token, established as an open standard within the protocol, coordinates all participants and incentivizes mass adoption of the token in a network that operates autonomously without central governance. The primary uses of ZRX tokens within the 0x protocol include paying transaction service fees to Relayers and participating in decentralized governance during protocol upgrades. Token holders have proportional influence over protocol upgrades based on their ZRX holdings. Founding Team of 0x: Amiti Bandeali is the co-founder and Chief Technology Officer of the team, responsible for smart contract development. Previously, he was a fixed-income trader at DRW. He graduated from the University of Illinois at Urbana-Champaign with a degree in Finance. Amir Bandeali is also a co-founder and serves as the Chief Technology Officer, focusing on smart contract development. Prior to this, he worked as a fixed-income trader at DRW. He holds a degree in Finance from the University of Illinois at Urbana-Champaign. Fabio Berger is a Senior Engineer and Full-Stack Blockchain Engineer for the team. Previously, he was a software engineer at Airtable and the founder of WealthLift. He graduated from Duke University with a degree in Computer Science. As of today, the price of 0x is $0.27498, with a 24-hour trading volume of $21,128,600. Over the past 24 hours, 0x has decreased by 16.79%. Currently, it ranks 83rd on BeeChecker with a market capitalization of $233,045,000. The circulating supply is 847,496,000 ZRX out of a total supply of 1,000,000,000 ZRX." |
| Issue Date | 1502928000000 |
| All-Time High | $2.5462121 |
| All-Time Low | $0.103962 |
| Total Supply | 1000000000 |
| Circulating Supply | 847496054.8028 |
| Circulating Supply Percentage | 0.8474960548028001 |
| Market Cap | 1972876260753 |
| Fully Diluted Market Cap | $2.7498077e-10 |
| Mkt Cap (Float) | $233045118 |
| Circulating Market Cap % of Global Total | 0.00011812454872920019 |
| Listed on Exchanges | 44 |
| Official Link | https://0xproject.com/ |
| Whitepaper | https://www.0xproject.com/pdfs/0x_white_paper.pdf |
| Blockchain Explorer | "https://eth.tokenview.com/cn/address/0xe41d2489571d322189246dafa5ebde1f4699f498/", "https://ethplorer.io/address/0xe41d2489571d322189246dafa5ebde1f4699f498", "https://etherscan.io/token/ZRX", "https://www.yitaifang.com/tokens/0xe41d2489571d322189246dafa5ebde1f4699f498/" |
| Telegram | |
| Github | https://github.com/0xProject/0x.js |
| https://twitter.com/0xproject | |
| https://www.facebook.com/0xproject | |
| https://www.reddit.com/r/0xProject |
0x is an open-source, peer-to-peer trading protocol designed to facilitate the exchange of ERC20 tokens on the Ethereum blockchain. The protocol is intended to serve as an open standard and a universal building block that promotes interoperability among decentralized applications (DApps) with exchange functionality. Trades are executed by Ethereums smart contract system, which is publicly accessible, free to use, and can be integrated by any DApp. DApps built on top of this protocol can access a public liquidity pool or create their own pools, charging fees for the volume traded. The protocol does not impose costs on users or arbitrarily extract value from one group of users to benefit others. Decentralized governance is used to integrate updates into the core protocol in a continuous and secure manner without disrupting higher-level processes.
0x is an open-source, peer-to-peer trading protocol developed for the trading of ERC20 tokens on Ethereum. The goal is to establish a standard for cryptocurrency trading by creating a universal module that enables anyone to easily develop DApps. 0x can significantly advance the decentralization of exchanges, making token trades more convenient for users. For instance, IMtokens implementation of decentralized token trading was built on the 0x protocol. Trades on 0x are executed by Ethereums smart contract system, which is open to the public, accessible freely, and incurs no fees. It has high scalability, allowing any DApp to integrate and contributing to the ecosystems growth. The protocol does not impose costs on users or arbitrarily extract value from one group to benefit another. Fees primarily come from teams developing DApps on the project and those using liquidity pool applications, ensuring user benefits are maximized. Decentralized governance integrates updates into the basic protocol in a continuous and secure way without disrupting higher-level processes. 0x combines the benefits of centralized and decentralized systems, processing orders off-chain and settling them on-chain, conserving resources, increasing speed, and reducing the risk of hacking attacks, making the system more secure and protecting user privacy and trade security. Using 0x simplifies trading between ERC20 tokens. Anyone can use 0x as a backend to implement decentralized exchanges. Distributed nodes ensure the protocols decentralization, increasing user trust. Numerous projects have implemented decentralized trading based on 0x, and the application ecosystem is gradually forming. From Twitter and Reddit followers, its clear that 0x has garnered significant user attention.
In the trading process, the ZRX protocol uses two types of order models:
Peer-to-Peer Orders: These orders are filled by the buyer and seller directly, ensuring security through peer-to-peer transmission. However, they have limited applicability and require trust between parties.
Broadcast Orders: In decentralized exchanges based on the 0x protocol, messages are passed between buyers and sellers to maintain orders and achieve peer-to-peer trades. Smart contracts enable automated trading, eliminating third-party involvement and ensuring safety and privacy. The 0x protocol is open source, so any decentralized application can publicly access and freely integrate it via an API. DApps built on the 0x protocol can access a public liquidity pool or create their own, with the system charging transaction fees to maintain operations.
0x is a peer-to-peer ERC20 token exchange protocol built on the Ethereum blockchain. It provides a standardized open-source protocol and a universal building block that enables interoperability of trading functionalities within distributed applications. DApps built on the 0x protocol can access a public liquidity pool or create their own, charging fees for trades made.
Decentralized Governance: Decentralized organizations use tokens to represent ownership and guide governance logic. Using the 0x protocol, these organizations can securely trade startup capital ownership.
Prediction Markets: Decentralized prediction market platforms generate token sets based on financial risks associated with real-world events. The 0x protocol allows these tokens to be traded instantly.
Stablecoins: The successful construction of new economic structures like Stablecoins relies on efficient liquidity markets. The 0x protocol facilitates underlying economic mechanisms, helping tokens maintain stability.
Decentralized Lending: Efficient lending requires liquidity markets that provide investors with a platform to buy and resell lending products. Using the 0x protocol creates a self-organizing ecosystem for borrowers, efficiently determining market prices for all outstanding loans.
Fund Management: Decentralized fund management restricts the investment behavior of fund managers by dividing assets into predefined categories. Embedding the 0x protocol into fund management smart contracts ensures compliance with security constraints.
Related Resources:
ZRX Project Rating
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