Company Background & Region
Founded: The 0x protocol was officially launched in 2017 and was co-founded by Will Warren and Amir Bandeali.
Country: 0x Labs (core development company) is headquartered in San Francisco, USA, but the 0x protocol itself is open-source and maintained by the global developer community.
Tokens: ZRX (Governance Tokens), which are used for protocol governance, staking, and fee allocation.
Core Products &
Services0x Protocol provides a set of decentralized trading infrastructure, which mainly includes the following components:
Swap API: allows developers to embed token swap functionality in their applications, access liquidity from more than 130 exchanges, and support the efficient exchange of multi-chain assets.
Gasless API: Enables users to transact without paying gas fees, improving the user experience and lowering the barrier to entry
Trade Analytics API: provides trading data analysis to help developers understand user behavior and optimize application performance
Token API: It is used to manage and query token information, and supports the creation, update and query of tokens.
These services make the integration of decentralized trading functions easier and more efficient, and are widely used in wallets, DeFi applications, social finance platforms, and more.
Market Positioning and Ecosystem
0x Protocol is positioned in the field of decentralized trading infrastructure, and is committed to solving the problems of decentralized exchange liquidity and poor trading experience.
By providing a unified API, 0x Protocol enables developers to easily access multi-chain liquidity and build efficient and user-friendly decentralized trading functions.
Its ecosystem includes wallets (such as Coinbase Wallet, MetaMask, Phantom), DeFi applications (such as Matcha, Zerion, Zapper) and other fields, forming a diversified decentralized finance ecosystem.
In summary
, 0x Protocol plans to continue to expand its multi-chain support to improve transaction efficiency and user experience.
For instance, it has announced the introduction of its Swap API to Coinbase's Ethereum Layer 2 network Base to support broader decentralized application development.
In addition, 0x Protocol will continue to promote decentralized governance to ensure that the development of the protocol is in line with the interests and needs of the community. Through continuous technological innovation and ecological construction, 0x Protocol is committed to becoming the infrastructure core of decentralized transactions in the Web3 ecosystem.
