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0x is a protocol for decentralized exchange on Ethereum. 0x was founded by Will Warren and Amir Bandeali in 2016. The protocol facilitates exchanging Ethereum tokens without the need for centralized exchanges.

Decentralized exchange

🔑 67%

Reviews for 0x

🔑 12 positive | 💩 6 negative


We are big fans of 0x. As the number of tokens becomes infinite, you need a protocol, not just a central exchange, to find counter-parties. Just like you needed a search engine, not just a directory, to find websites as the number became infinite.

2018-02-06 | Full Review


0x just keeps shipping. One of the best in the industry at keeping the blinders on and building.

2018-05-16 | Full Review


0x is pretty interesting.

2017-08-16 | Full Review


Early adoption metrics and [decentralized exchanges] using the ZRX protocol suggest a bright future. DEXs will continue to be developed and deployed during 2018 and beyond, fulfilling the need to decrease the custodial risk inherent in centralized exchanges.

2018-02-26 | Full Review


0x is a great project, there is a lot of hype around it though. Wouldn’t call it underrated

2018-06-03 | Full Review


0x is emerging as the leading [decentralized exchange] platform within the Ethereum ecosystem. Not only is the core protocol well-designed and fully functional, but 0x has also incentivized a whole ecosystem of third-party relayers whose services will make using 0x even easier than using a centralized exchange.

2017-12-14 | Full Review


I think ZRX is great but it’s telling that its main use is as a “governance token”, something which has yet to be codified...Greatest intellectual challenge for token buyers - decoupling network usefulness from token value. ZRX another casualty

Nic Carter, Partner at Castle Island Ventures and Co-creator of Coinmetrics

2018-01-15 | Full Review


0x is an exciting project with a strong team focused on development.

Linda Xie, Co-founder and Managing Director at Scalar Capital

2017-07-03 | Full Review


0x: continuing to write the playbook for building a decentralized network + community from scratch.

2018-07-02 | Full Review


I love the 0x protocol—trust-minimized, p2p exchange and a team that regularly ships. Digital securities trading is a great idea.

2018-10-11 | Full Review


I’m a big fan of 0x and decentralized exchange.

I’m also a big fan of enabling unique new things using this technology.

I’m not a big fan of pretending old school financial engineering is one of those unique new things.

2018-10-12 | Full Review


One of the most thorough governance roadmaps in the entire space. Excited about 0x

2018-03-27 | Full Review


If regulators push out security tokens from the big exchanges, more crypto trading will move to decentralized on-blockchain relayed networks, and that will be a boon for decentralized protocols such as 0x.

2018-03-09 | Full Review


I greatly admire the 0x team in all regards, really they’re awesome and doing amazing work, but I’ve yet to hear a coherent argument for value from governance that survives concrete examples.

If 0x network does what I want, I don’t need to own any, voting isn’t necessary for me (and costly because it requires tying up capital in a volatile asset.)

If it doesn’t do what I want, there’s 3 possibilities: I own a small amount of 0x, too little to swing the vote, pointless. I own enough to swing the vote, in which case I’m probably such a giant player in the ecosystem that I could likely fork and take other players w/me since what I want also probably extends to other big players in a similar position. Actually, that’s it. That covers the big cases, and in each one, owning 0x is an opportunity cost and risk without concrete governance reward.

Ari Paul, Co-founder and CIO of BlockTower Capital

2019-02-01 | Full Review


0x, one of the most popular dex protocols, has collected only $2000 in lifetime transaction fees despite having a market cap of $160M. The token is also not necessary for the protocol to function and will likely be forked out by major relayers.

2019-01-22 | Full Review


Multicoin developed a thesis around decentralized exchanges in 2H 2017, culminating in a large ZRX position going into the launch of 0x-based exchanges

Unfortunately, 0x-based DEX have not achieved meaningful market share. In our discussions with dozens of market makers, we learned that the biggest challenges are around fees to cancel orders, and lack of deterministic order execution.

2019-02-19 | Full Review

Decentralized exchange comparison

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