|Brief||In 0x protocol, orders are transported off-chain, massively reducing gas costs and eliminating blockchain bloat. Relayers help broadcast orders and collect a fee each time they facilitate a trade. Anyone can build a relayer.|
|Last updated:||Friday, November 22, 2019 9:59:05AM UTC|
|Current price, USD:||0.246|
|Current price, BTC:||0.0000331|
|Market capitalization, USD:||148 110 948|
|Available supply:||602 053 821 ZRX|
|Volume 24 hours, USD:||25 130 912|
General ZRX facts, technical details and general information about 0x crypto currency
In 0x protocol, orders are transported off-chain, massively reducing gas costs and eliminating blockchain bloat. Relayers help broadcast orders and collect a fee each time they facilitate a trade. Anyone can build a relayer.
Built on Ethereum's distributed network with no centralized point of failure and no down time, each trade is settled atomically and without counterparty risk.
By sharing a standard API, relayers can easily aggregate liquidity pools, creating network effects around liquidity that compound as more relayers come online.
0x is open source, permissionless and free to use. Trade directly with a known counterparty for free or pay a relayer some ZRX tokens to access their liquidity pool.
We list daily 0x historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Nov 13||0.300||0.298||0.303||181 610 969|
|Nov 14||0.301||0.285||0.303||175 863 993|
|Nov 15||0.291||0.277||0.291||166 962 169|
|Nov 16||0.277||0.276||0.284||170 770 339|
|Nov 17||0.284||0.279||0.286||168 005 847|
|Nov 18||0.279||0.26||0.279||159 507 943|
|Nov 19||0.267||0.246||0.267||157 526 590|
|Nov 20||0.263||0.257||0.274||158 192 176|
|Nov 21||0.259||0.247||0.267||158 155 660|
|Nov 22||0.262||0.246||0.264||148 110 948|
|ZRX price change 24 hours||-3.41%|
|ZRX price change 7 days||-14.11%|
The first time when I came across Ox happened in my early trading days when I was "hanging out" on Bithumb, a Korean exchange which provides for almost a half of the overall trading volume of ZRX. By the way, Ox can be traded there against Korean won, which is quite an interesting pair, though I don't care much for the fiat-to-crypto trading since it provides much lower volatility while I am a "rollercoaster" guy. Anyway, I had a good run with ZRX as it made me a couple of thousand bucks in a matter of a week.
0x seems like a fading project. It's had so much time to make a dent in the ecosystem and it's still hanging around. I don't really understand why anyone really thinks that 0x is going to make that big of a difference. The only difference I see 0x making is a dent in your wallet- from all the money lost. I'm not trying to be too negative but projects like these are bound to fade away because they won't be adopted by bigger institutions. Their tech will be overshadowed by private blockchains and main networks like Ethereum and Stellar.
0x was the first project to take things 'off chain'. There have been so many other alleged solutions to off chain channels but none have materialized. 0x on the other hand has already been operating for over a year. Their platform works, and has already been integrated by so many other projects. It makes me scratch my head when I see that other projects blast past it in capitalization only because of hype. Soon, 0x will have its time to shine since so many companies will see its potential. Just hodl tight and get ready for that ZRX pump- it's going to happen since altseason has already begun.
0x protocol has always been a legitimate project. It's blown away all of its partnerships by taking the spotlight, everytime. Does anyone even remember Kyber Network? 0x has basically made other DEX projects obsolete. The advantages of this coin are basically endless. To the commenter below me- just go onto their website and read their general description. Their whitepaper has more than enough information once you want to read about the technical side of things. 0x is more than just a token relayer.
Can anyone share a link to a good description of the protocol and how to use it7 So far I have found only a vague description of its advantages.
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