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Polygon committing $10M to reach 1M users using 0x API


11 Jun 2021

#Polygon

The project said it anticipated “an influx of new DeFi projects onboarding into the 0x ecosystem." The network onboarding a large number of decentralized applications aims to hit one million users through 0x’s decentralized exchange liquidity aggregator API.

In an announcement today, Polygon said its project would be committing $10.5 million towards securing decentralized finance infrastructure on its network through the support of developers and projects. The project said it anticipated “an influx of new DeFi projects onboarding into the 0x ecosystem” with initial support offered for Matchaxyz, Dexguru, Dexkit, MyCrypto, Set Protocol, Zapper.fi and Zerion.

Last month, 0x released a Polygon version API for its decentralized exchange liquidity aggregator, opening up the 0x API tool to the expanding Polygon market. The API allows major Ethereum-based DEX liquidity channels including SushiSwap, Dfyn, Curve, Dodo, mStable, QuickSwap and Cometh to integrate Polygon.

The network has the support of major investors including billionaire Mark Cuban, who said last month that the price of cryptocurrencies should better reflect real market demand, with “a current network effect and significant user growth.” Though the price of Polygon’s native token, MATIC, exceeded $2 for the first time in May, the cryptocurrency has since fallen to $1.39 at the time of publication.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 89.6% 18 $67 193.32 0.39% 10.34% $1 323 719 318 372 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 87.6% 21 $3 132.94 1.07% 7.35% $376 335 654 167 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 93.6% 1 $1.000199 -0.01% 0.06% $111 457 091 979 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 89.2% 10 $581.73 0.33% -1.53% $85 854 908 707 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 77.2% 43 $174.19 0.73% 18.89% $78 198 005 886 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 91.2% 1 $1.000084 0.01% 0.01% $33 527 106 323 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 89.2% 11 $0.523399 0.06% 3.20% $28 938 207 946 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 82% 31 $0.155945 -0.01% 8.53% $22 510 386 092 DOGE 7 days price change
9 Toncoin (TON) TON Toncoin predictions 64.8% 69 $6.44 -1.05% -6.25% $22 391 907 304 TON 7 days price change
10 Cardano (ADA) ADA Cardano predictions 86% 23 $0.481628 -0.05% 9.24% $17 184 574 977 ADA 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 79.6% 41 $0.000025 0% 10.40% $14 712 927 196 SHIB 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 81.2% 39 $37.72 1.35% 12.25% $14 436 096 513 AVAX 7 days price change
13 TRON (TRX) TRX TRON predictions 81.2% 27 $0.122503 -1.44% -3.46% $10 712 164 539 TRX 7 days price change
14 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 85.2% 25 $0.122462 -1.50% -3.22% $10 708 599 473 WTRX 7 days price change
15 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 85.6% 18 $67 086.82 0.27% 10.16% $10 431 769 488 WBTC 7 days price change

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