0x (ZRX) 0x is an open-source protocol for providing liquidit | Crypto Great | Bitcoin | DeFi

0x (ZRX)

0x is an open-source protocol for providing liquidity for peer-to-peer token exchanges. It’salso an engine that drives various DEX aggregators surfacing on Ethereum.

For example, Match is a DEX aggregator that uses the 0x API to source liquidity across 13sources for optimal swap pricing. And results from a recent study conducted in-house showed0x Labs’ products offered better pricing than other solutions on the market 72% of the time.

Results like these are why MetaMask integrated 0x into its AirSwap feature. MetaMask user scan now leverage 0x for swaps directly from the wallet, instead of navigating several DEXs to find the best price for a token swap.

With more integrations and better pricing, 0x cleared the $1 billion in monthly volume recently. And in the first week of December, the platform topped $400 million, meaning 0xmight eclipse $2 billion by the end of the month. With growth increasing and more tools leveraging 0x, we expect higher prices for ZRX.