0x is an open-source protocol that facilitates the peer-to-peer exchange of tokenized assets across multiple blockchains. Founded in 2016 by Will Warren and Amir Bandeali, 0x provides developers with a suite of APIs and smart contracts to build decentralized exchanges (DEXs) and integrate trading functionalities into their applications. The protocol aggregates liquidity from over 150 exchanges, enabling access to more than 10 million tokens through a single API. ([0x.org](https://0x.org/?utm_source=openai))
The native token of the 0x protocol, ZRX, serves as both a governance and staking token. Holders can participate in protocol governance and stake their tokens to earn liquidity rewards in Ether (ETH). (en.wikipedia.org) Since its inception, 0x has processed over 52 million transactions totaling more than $125 billion in volume, serving over 6 million users on platforms such as Coinbase Wallet, Robinhood Wallet, Matcha, MetaMask, Zerion, and Zapper. (linkedin.com)
In addition to its core protocol, 0x Labs, the organization behind 0x, has developed Matcha, a decentralized exchange aggregator that sources liquidity from various DEXs to offer users optimal trading prices. The team has also contributed to the Ethereum ecosystem by co-authoring the ERC-721 standard for non-fungible tokens (NFTs). As of April 2022, 0x has raised $109 million in funding, including a $70 million Series B round led by Greylock Partners. (linkedin.com)
