0x
0x was established in 2017 by Will Warren and is among the earliest decentralized exchanges. So far, 0x has secured $109 million, with their latest Series B round bringing in $70 million from backers like Pantera Capital and Jump Crypto. 0x is a no-cost Ethereum-based platform that allows developers and companies to create decentralized exchanges safely and efficiently. Utilizing 0x’s open-source smart contracts, individuals can create trading protocols that allow for direct non-custodial wallet-to-wallet exchanges between any ERC-20 and ERC-721 tokens. The 0x network relies on nodes that maintain an off-chain order book, enabling transactions through the use of their ZRX token.
