Market makers offer trades through order book & make money on bid-ask spreads paid by takers.

0x is a non-custodial exchange protocol built on Ethereum. 0x was founded by Amir Bandeali & Will Warren and launched in 2016.

ZRX tokenholders own and govern the protocol. They currently do not take any of the total trading fees paid by traders (revenue). 0x’s investors include Coinbase Ventures, Jump Capital, Pantera Capital, etc.

governance

github

twitter

discord

etherscan

website

Exchanges (DEX)

# Token turnover (circulating) Methodology

## Overview

Token turnover (circulating) measures how frequently a project's token changes hands relative to its circulating market cap. It is calculated as the average daily token trading volume divided by the circulating market cap, indicating liquidity and trading activity relative to the token's circulating valuation.

${token_trading_volume} / ${market_cap_circulating}

Average daily token trading volume divided by circulating market cap.

0xZRX

Archived

Token turnover (circulating)

Token turnover (circulating)

Competitive landscape