0x Protocol

By: WEEX|2024/10/09 16:20:04
0
Share
copy

The 0x Protocol is an open-source protocol that facilitates decentralized peer-to-peer trading of Ethereum-based assets, including ERC-20 and ERC-721 tokens. The protocol utilizes smart contracts to eliminate the need for traditional intermediaries, allowing anyone to create and run decentralized exchanges (DEXs). Additionally, 0x offers a framework for liquidity aggregation and a mechanism to match buyers and sellers efficiently. Its native governance token, ZRX, allows holders to participate in protocol governance and incentivizes liquidity providers. 

Imagine you want to trade a rare in-game asset (ERC-721 NFT) for some stablecoins (ERC-20 tokens) without going through a centralized exchange. The 0x Protocol allows you to complete this transaction directly with another user, using a DEX that runs on its technology. The platform is also crucial for decentralized finance (DeFi) users who wish to maintain control of their assets.

You may also like

Introducing RollX: Complete Guide to $ROLL and Airdrop Opportunities

RollX ($ROLL) is a Base-native decentralized perpetual trading platform that delivers CEX-speed execution fully onchain, with 100% community ownership. Learn its tokenomics, ecosystem impact, and how to claim free tokens in the WEEX $50,000 $ROLL airdrop before Jan.23, 2026!

What is Immunefi? $IMU is available on WEEX Pre-Market

Immunefi is a unified security operations platform designed to protect web3 protocols and onchain assets through bug bounties, audits, and AI-powered defenses. It transforms vulnerabilities into opportunities for security researchers while safeguarding over $180B in user funds across 650+ protocols.

What is Warden? $WARD is available on WEEX Pre-Market

Warden Protocol is a purpose-built blockchain infrastructure for the agent economy, integrating AI with Web3 applications to simplify crypto interactions.

Introducing Sport.Fun: Complete Guide to $FUN and Airdrop Opportunities

Sport.Fun ($FUN) is a blockchain-powered fantasy sports platform that lets fans trade digital athlete shares tied to real-world performance. Learn its tokenomics, ecosystem impact, and how to claim free tokens in the WEEX $50,000 $FUN airdrop until Jan.23 2026!

Introducing Owlto Finance: Complete Guide to $OWL and Airdrop Opportunities

Owlto Finance is a cutting-edge, intent-centric cross-chain interoperability protocol that leverages AI agents to deliver lightning-fast, low-cost asset transfers across major ecosystems. Learn its tokenomics, ecosystem impact, and how to claim free tokens in the WEEX $50,000 $OWL airdrop until Jan.22 2026!

What is Coinbase Global Inc. (COIN) Coin?

Coinbase Global Inc., often denoted as COIN, is a major player in the cryptocurrency exchange landscape, providing an…

Popular coins