0x Protocol (ZRX) is an open-source infrastructure layer for building
decentralized exchanges on Ethereum, providing off-chain order relay with on-chain settlement to minimize
gas costs while maintaining decentralization. Founded in 2016 by Will Warren and Amir Bandeali, it powers relayers like Matcha for aggregated liquidity, supporting
spot and
perpetual trading with advanced order types. The protocol is
EVM-compatible across multiple chains, with ZRX enabling staking for governance and fee rewards in a composable
DeFi framework secured by audited contracts.
When Did 0x Protocol Launch?
0x Protocol was founded in 2016 by Will Warren and Amir Bandeali, launching v1 in 2017 with an
ICO raising $24 million. Subsequent versions improved matching (v2 2019), staking (v3 2020), and order flexibility (v4 2022), with 2025 expansions enhancing
L2 support and revenue models, sustaining high trading volume by December 2025.
What Are the Key Features of 0x Protocol?
0x Protocol features off-chain order books for gas efficiency, on-chain settlement for security, liquidity aggregation across DEXs for best prices, staking for governance and fee shares, EVM support on multiple chains including
Arbitrum and Polygon, advanced order types like limit and RFQ, and audited infrastructure for composable DeFi building, enabling seamless trading experiences.
What Is ZRX Used For?
ZRX is used for staking to earn protocol fees and governance votes, participating in
DAO proposals for upgrades, paying relayer fees with discounts, providing
liquidity for rewards, and accessing premium aggregator tools on platforms like Matcha.
What Is the ZRX Token Utility?
ZRX secures staking for fee distribution and governance power, captures trading volume through relayer rewards, incentivizes liquidity and validators, enables DAO decisions on development, and funds treasury for integrations in omnichain DeFi.
What Blockchain Does 0x Protocol Operate On?
0x Protocol is Ethereum-native with EVM support for L2s like Arbitrum, Optimism, and Polygon, using off-chain relays for efficiency and on-chain settlement for security.
What Are ZRX Tokenomics?
ZRX has a maximum supply of 1 billion tokens fully circulating as of December 2025 from initial ICO and unlocks. Allocation: ecosystem incentives, staking rewards, team vested; deflationary via potential burns from fees.
How To Securely Store ZRX
ZRX works with the most popular crypto wallets that support EVM-based assets. The easiest way to engage with ZRX is through
BingX Spot Market where users can buy, sell, and hold tokens securely without managing private keys or additional wallet setups. This approach offers exchange-level security, a custodial wallet service, and instant trading access, making it convenient for new and experienced users alike. This token is also compatible with leading self-custody wallets such as MetaMask and Trust Wallet along with other major EVM-compatible wallets and hardware options like Ledger. These wallets give users full control over their private keys and allow direct participation in decentralized applications, platform features, staking, governance, and cross-network transactions within the 0x Protocol ecosystem. By adding the Ethereum network and importing the ZRX token using its contract address, users can enjoy secure and seamless access to all platform utilities and rewards.
Is ZRX a Good Investment?
0x Protocol provides foundational DEX infrastructure with 1B fully circulating supply and staking rewards from fees. As of December 2025, it supports high aggregated volume with governance yields, benefiting from DeFi maturity and L2 expansions, though faces competition from Uniswap v4 and newer aggregators. Audited relayers offer reliability; mid-cap infrastructure asset for diversified holdings with independent research recommended.