0x Logo

0x ZRX

0x header image

1. Summary

Ranks

Liquidity
Developer
Social
Momentum (beta)
Stack Rankā„¢
Price
52W High price $1.07
52W High date 21st Apr 2022 (7 months ago)
All Time High (ATH) Date 13th Jan 2018 (4 years ago)
ATH Price $2.50
% From ATH -92.27%
All Time Low (ATL) Date 13th Mar 2020 (2 years ago)
ATL Price $0.12
% From ATL 59.87%
Supply & Trading Volume
Trading Volume (24h) $7.09M
Total Supply 1.00B
Max Supply 1.00B
Circulating Supply 847.50M
Description

0x is essentially this foundation through which exchanges can be built on top of Ethereum.

0x is essentially this foundation through which exchanges can be built on top of Ethereum.

Any exchange that is built on Ethereum has an issue, and this is the fact that every time a transaction occurs, it has to be verified by the Ethereum network. Now imagine if you wanted to make thousands of transactions in a day, this would prove to be inconvenient in the long term. 0x essentially allows transactions to take place without a need for them to actually be verified by the Ethereum main network.

This is done through the usage of a sidechain. 0x is an open protocol, which means that just about anyone can examine the code behind it, and it allows for tokens to be exchanged without the need for a third party to verify the transactions.

Aside from this, it also uses smart contracts, and this means that it can perform a number of different functions without the need for a third party or a middleman. Furthermore, ERC-20 tokens work well with 0x, which is the most common type on Ethereum, so all of the tokens that exist on Ethereum and are ERC-20 based will work.

The ZRX Token Explained

ZRX is the native token of 0x, through which players are paid for each transaction they make happen. This in turn encourages them to provide the matching service that a centralized platform would otherwise do.

Features of 0x

The orders on 0x are broadcasted off-chain. This means that they are cryptographically signed, so the security is intact, however, they are not uploaded to the blockchain. Then a system of relayers is used that match up the orders. This means that whenever someone wants to accept a trade, they sign it with their own signature, and then upload the entire transaction on the Ethereum blockchain. However, at this point in time, the trade is made and the tokens are transferred between the two parties involved in the transaction. Relayers as a result are paid in ZRX.

There are two types of users that are required in order to operate the 0x market, the first group of users is the makers, that provide liquidity to the order book, or in other words, they place orders on the exchange that do not trade immediately but wait for them to be matched. Then you have the second group, takers, which are those who take liquidity from the order books, and place orders that are instantly matched with existing orders.

Furthermore, 0x can be used to create tokens that represent ownership, and this means that organizations can potentially operate seamlessly as well as autonomously. It is scalable, due to the fact that it keeps unnecessary data off of the Ethereum blockchain, and this, in turn, allows for more trades to take place without slowing down the network. It is fully decentralized, and the code is open-source.

Founders of 0x (ZRX)

Discussing the founders of 0x, the project was founded by Will Warren alongside Amir Bandeali in 2016. The two co-founders do indeed still work on the platform, where Will Warren fills the role as the CEO, while Amir Bandeali fills the role of the CTO at the company.

Discussing their history, Will Warren has worked on several projects and was a technical advisor at Basic Attention Token (BAT), while Amir Bandeali graduated from the University of Illinois and held several trading positions before co-founding 0x.

The Stack Crunch Newsletter

Data driven investment insights directly to your inbox.

2. Price

ZRX/USD

2.1. Market Performance

How does 0x's (ZRX) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-23.2%

ZRX

-16.7%

Similar Market Cap

60 Day Return

-27.8%

ZRX

-18.7%

Similar Market Cap

1 Year Return

-82.8%

ZRX

-67.0%

Similar Market Cap

3. Developer Activity

We're monitoring 111 0x GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All 0x Repos)

Commits vs. The Market

Upgrade to view market comparison data. Understand how active the developers are on this project, relative to other projects.

Upgrade now

Most Active Repos

Past week 8
Past 12 weeks 34
Past year 434
Past week 20
Past 12 weeks 110
Past year 312
Past week 5
Past 12 weeks 77
Past year 267
Past week 0
Past 12 weeks 1
Past year 255
Past week 0
Past 12 weeks 0
Past year 189
Past week 8
Past 12 weeks 27
Past year 89

Top Developers 2022

In total, oZAIn (Upgrade to view) developers have contributed to 0x over the past year. Who are the most active 0x developers, by commits, over the past year?

Related Projects

Developers working on 0x also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 21,013
Active Reddit Users (past 24h) 35
Discord users 18,459
Active Discord Users 1,032
Telegram Users 1,400
Twitter followers 265,950
5. News
  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

  • docs.0x.org/limit-orders-advanced-traders/guides/create-a-limit-order Official

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://0x.org/
Explorer https://0xtracker.com/
Twitter @0xproject
reddit /r/0xProject
Whitepaper https://0xproject.com/pdfs/0x_white_paper.pdf

What is the correct contract address for 0x?

Energi 0x591c19dc0821704bedaa5bbc6a66fee277d9437e
Ethereum 0xe41d2489571d322189246dafa5ebde1f4699f498
Avalanche 0x596fa47043f99a4e0f122243b841e55375cde0d2
Harmony-shard-0 0x8143e2a1085939caa9cef6665c2ff32f7bc08435

Has 0x been audited for security?

No security audits found for this project.

Are you the owner of 0x? Edit it here

Subscribe for free

Investment alerts and insights directly in your inbox.

By continuing, you agree to the Stack Terms of Service and Privacy Policy.