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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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# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 60% 87 $29 380.18 -3.28% -2.43% $559 642 402 733 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 61.6% 88 $1 959.56 -5.15% -4.83% $236 921 809 457 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 95.6% 1 $0.998958 -0.01% 0.02% $73 198 714 964 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 96% 1 $1.000329 0.03% -0.01% $53 273 212 846 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 58% 88 $321.57 -3.53% 6.21% $52 504 644 349 BNB 7 days price change
6 XRP (XRP) XRP XRP predictions 58.4% 91 $0.403749 -5.20% -5.34% $19 518 470 146 XRP 7 days price change
7 Binance USD (BUSD) BUSD Binance USD predictions 91.6% 1 $0.999393 -0.21% -0.08% $18 312 587 333 BUSD 7 days price change
8 Cardano (ADA) ADA Cardano predictions 56.4% 93 $0.515615 -6.46% -10.22% $17 403 339 497 ADA 7 days price change
9 Solana (SOL) SOL Solana predictions 58.4% 91 $50.05 -7.03% -9.13% $16 981 972 785 SOL 7 days price change
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11 Polkadot (DOT) DOT Polkadot predictions 55.2% 90 $9.97 -5.87% -7.56% $9 850 001 505 DOT 7 days price change
12 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 56.8% 87 $29 401.79 -3.22% -2.31% $8 132 620 498 WBTC 7 days price change
13 TRON (TRX) TRX TRON predictions 73.2% 56 $0.081939 7.58% 16.52% $7 754 289 182 TRX 7 days price change
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15 Dai (DAI) DAI Dai predictions 93.2% 1 $1.000302 -0.03% 0.01% $6 573 514 573 DAI 7 days price change

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