0X Price
(ZRX)
USD($)
0X (ZRX) Live Price Chart
Overview
About
Analysis
FAQ
0X Live Price Data
The live price of 0X is $0.4576, with a total trading volume of $ 35,193 in the last 24 hours. The price of 0X changed by -3.39% in the past day, and its USD value has decreased by -23.33% over the last week. With a circulating supply of 848,396,562 ZRX, the market cap of 0X is currently 385.82M USD, marking a --% increase today. 0X currently ranks #133 in market cap.
How do you feel about 0X today?
Note: This data is for reference only.
0X(ZRX) Profile
Rank133
AExpand 
Website
Documentation
Explorer
Contract
- Ethereum 0xe41d24...498
Audited By
- https://protocol.0x.org/en/latest/additional/audits.html
Code & Community
Investors
- Pantera Capital
- Coinbase Ventures
- IOSG Ventures
- Nirvana Capital
- Jump Crypto
- Genblock Capital
- Placeholder
- DeFi Alliance
- Nascent
- 8 Decimal Capital
$0.4430
$0.5078
- ATH
- $2.53
- Price Change (1h)
- +2.39%
- Price Change (24h)
- -3.39%
- Price Change (7d)
- -23.33%
- Market Cap
- $385.82M
- 24h Volume
- $35,193
- Circulating Supply
- 848,396,562
- Max Supply
- 1B
About ZRX
How can I buy 0X (ZRX)?
Buying ZRX on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy 0X (ZRX) for more information. What Is 0x Protocol (ZRX) Crypto?
0x protocol, known by the token symbol ZRX, is an infrastructure protocol that enables trading ERC20 tokens and other assets on the Ethereum blockchain. Unlike traditional cryptocurrency exchanges involving centralized intermediaries, 0x offers a decentralized trading mechanism.
The protocol consists of publicly auditable, open-source smart contracts that create a flexible and seamless trading platform. Developers can easily integrate these into their products.
The backbone of the protocol is the ZRX token, an ERC20 token that serves various functions. Relayers, or nodes that host an off-chain order book and provide user-oriented applications, get paid in ZRX tokens.
In addition, ZRX holders can vote on and propose changes to the protocol. It contributes to decentralized governance and allows users to influence the platform’s development.
How Does 0x Protocol Work?
The 0x protocol enables peer-to-peer transactions of ERC tokens on the Ethereum blockchain through a combination of Ethereum smart contracts. These are freely accessible and compatible with various decentralized applications (dApps).
The ZRX token serves as the "fuel" for the platform, allowing users to conduct transactions. Additionally, the token supports decentralized governance of the platform, which helps minimize network disruptions and solve coordination problems.
Relayers play a central role in the 0x protocol. They host off-chain order books and provide users with the information they need for their transactions.
For their services, they are rewarded in ZRX tokens. Users must also pay a protocol fee in Ether (ETH) to cover the "gas" for their transactions.
History of 0x Protocol and ZRX Token
Will Warren and Amir Bandeali founded 0x in 2016. Both founders bring different skills and backgrounds that complement each other perfectly. Will Warren, the project's CEO, had previously worked in various research areas and briefly held the role of technical advisor for Basic Attention Token (BAT). Amir Bandeali, who serves as CTO, held several positions in the trading sector after graduating in finance from the University of Illinois before bringing his expertise to the 0x project.
0x was launched following a successful Initial Coin Offering (ICO) in 2017, which raised $24 million. Prominent investment firms such as Polychain Capital, Pantera Capital, and FBG Capital supported the ICO. The ICO was a huge success and demonstrated the project’s broad support at an early stage.
It also enabled further development and expansion of the team. Today, the 0x team consists of over 30 people, including engineers, researchers, and designers, who continuously work to improve the protocol and ensure its smooth operation.
In 2019, a significant overhaul of the ZRX tokens was announced. In particular, the function was added that allows ZRX holders to delegate their stake to a market maker. This move enabled token holders to earn passive rewards without losing their voting rights. It was an essential step in improving the functionality and attractiveness of the ZRX tokens.
The development of the 0x project has made continuous progress since its inception. Despite some challenges and changes in cryptocurrency, 0x has established itself as a stable and innovative platform. By partnering with StarkWare, the 0x protocol has improved scalability by implementing "StarkDEX." This development allowed for a significant increase in transaction processing speed, which benefits the growth and competitiveness of the platform.
0X (ZRX) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $-0.0161 | -3.40% |
| 7 Days | $-0.1561 | -25.80% |
| 30 Days | $0.0223 | 5.25% |
| 3 Months | $0.1109 | 32.81% |
24H Investment Barometer
24H
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
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0X Conversion Rate
FAQ
How much is 1 0X (ZRX) worth?
KuCoin provides real-time USD price updates for 0X (ZRX). 0X price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time ZRX to USD exchange rates. Is 0x Protocol (ZRX) a Good Investment?
ZRX, or 0x, offers several unique advantages, making it a potentially attractive investment:
Supports Decentralized Trading of Ethereum-based Tokens
0x is a groundbreaking protocol for the decentralized trading of Ethereum-based tokens. This decentralization ensures that no central point can fail or be manipulated, guaranteeing the system’s security and stability.
0x Protocol’s Open and Adaptable Framework
The 0x protocol system consists of smart contracts that work together to enable a flexible and seamless trading process. Developers can integrate the protocol into their own products and create customized solutions tailored to their specific requirements.
Support Fungible and Non-fungible Tokens
Additionally, the 0x protocol supports both fungible and non-fungible tokens (NFTs). As a result, users can trade various assets and access many investment opportunities.
0x Protocol’s Strong Governance Structure
Token holders can propose changes to the protocol and vote on them, meaning those who invest in the system also have a say in its direction.
What Is 0x Protocol Price Prediction?
While we cannot provide an accurate ZRX price prediction, several factors could influence the price of ZRX:
Level of Adoption of DEXs
First, the increasing adoption of decentralized finance (DeFi) protocols and decentralized exchanges could raise interest in 0x and, therefore, the demand for ZRX. The more people use DExs, the more they want to use the underlying protocol and the associated tokens.
0x Protocol’s Flexibility
The adaptable and flexible nature of the 0x protocol could lead to its use in various applications and products, which could increase the demand for ZRX. The more applications that utilize the 0x protocol, the more users will likely need ZRX.
Governance Activity on 0x
Finally, the governance structure of ZRX could also influence the price. Since token holders have the right to vote on changes to the protocol, this could lead them to buy more tokens to amplify their voices. This could increase demand and, consequently, drive up the price.
How to Use ZRX Token
The 0x protocol is a decentralized exchange protocol for trading ERC-20 tokens on the Ethereum blockchain. It allows buyers and sellers to connect directly without the need for intermediaries.
Developers can build their own cryptocurrency exchanges using 0x and its open protocol. The protocol's native token is called ZRX, which is used to pay trading fees to relayers.
Select Your Relayer
You can choose a relayer that suits your trading needs. Relayers play a crucial role in the 0x protocol by hosting order books and facilitating trades. They are responsible for broadcasting orders and bringing liquidity to the network. When a trade is executed through a relayer, it is known as a Broadcast Order.
Connect an Ethereum-compatible Wallet
To use the 0x protocol, connect your Ethereum-compatible wallet to a decentralized application (dApp) that integrates with 0x. Examples of such dApps include Nuo, Zerion, DeFi Saver, and Radar Relay, built on top of the 0x protocol.
Start Placing Trade Orders
You can place orders after connecting your wallet to a 0x-enabled dApp. Specify the token pair you want to trade, the amount you wish to buy or sell, and the desired price. The 0x protocol supports both market and limit orders, giving you flexibility in your trading strategies. The dApp will provide you with options to review and confirm your order.
Settle Your Trades
When a counterparty fills your order, the trade is settled on-chain using the 0x protocol's smart contracts. The settlement ensures the transfer of tokens between the parties involved. The decentralized nature of the protocol provides transparency and security throughout the trading process.
Monitor and Manage Your Trading Positions
After settling your trade, you can monitor its progress and manage your positions through the 0x-enabled dApp. You have complete control over your tokens and can choose to hold them or transfer them to another wallet or exchange.
Remember to exercise caution and do thorough research before engaging in any financial transactions in the crypto market.
What Is 0x Protocol’s Tokenomics?
ZRX is an ERC20 token that supports the 0x protocol, an infrastructure protocol on the Ethereum blockchain that enables the trading of ERC20 tokens and other assets. There is a fixed maximum supply of 1 billion ZRX, of which approximately three-quarters are already in circulation.
The ZRX tokens serve several purposes within the protocol:
Trading fees: Nodes (relayers) that host an off-chain order book are paid in ZRX tokens.
Governance: ZRX can be used to participate in the platform's governance. Holders of $ZRX can propose changes to the protocol and vote on them.
Staking: Since 2019, ZRX holders can delegate their tokens to a market maker to earn passive rewards without losing their voting rights.
What is the all-time high price of 0X (ZRX)?
The all-time high price of 0X (ZRX) is $2.5300. The current price of ZRX is down 81.91% from its all-time high.
What is the all-time low price of 0X (ZRX)?
The all-time low price of 0X (ZRX) is $0.1039. The current price of ZRX is up 340.55% from its all-time low.
How much 0X (ZRX) is there in circulation?
As of 12 22, 2024, there is currently 848,396,562 ZRX in circulation. ZRX has a maximum supply of 1B.
What is the market cap of 0X (ZRX)?
The current market cap of ZRX is $385.82M. It is calculated by multiplying the current supply of ZRX by its real-time market price of $385.82M.
How do I store 0X (ZRX)?
You can securely store your 0X in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your ZRX include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Injective (INJ) to cash?
You can instantly exchange your Injective (INJ) for cash using KuCoin's Fast Trade feature. This feature enables you to convert INJ to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.