0x Live Price

What is 0x?

Introduced in 2016, 0x is a standard protocol that allows Ethereum (ETH) tokens to be traded on the ETH blockchain. It is a decentralized exchange (DEX) where peer-to-peer trading of tokens takes place. The network is powered by ZRX, a crypto asset that follows decentralized finance (DeFi) protocols. It also utilizes the Ethereum blockchain for its management and operation. 0x enables participants to create crypto-asset markets that represent forms of value. For instance, it could include a token market corresponding to physical real estate, bonds and stocks, and other cryptocurrency assets. ZRX is the incentive given to users that maintain and host order books for the 0x markets. Users are privy to fees incurred when a trader buys or sells in the platform. Participants can also earn additional rewards in exchange for essential services. The token is vital for governance purposes since users with such assets can vote on proposals for improvements in fees and other matters. Ox's ZRX derives value from being a significant player in the operating markets. It holds a finite supply, which is at 1 billion as of 2020. The scarcity of this crypto enables the value to pull up in the future. The current market cap is around $700 million.

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How much is 0x worth?

0x (ZRX) is worth 0.48 USD as of March 15, 2022, 2:18 am UTC time. View the interactive graph to see how much 0x has changed in the last hour or historically. ZRX is an Ethereum token that is used to power the 0x protocol. The protocol itself is designed to allow Ethereum tokens to be traded at a low cost directly from your wallet.