0x Protocol

0x Protocol PriceZRX

₹11.612424
₹0.387781+3.45%

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0x Protocol Price Today

Current ZRX/INR real-time price is ₹11.612424, with a 24-hour change rate of +3.45% and a 7-day change rate of +8.99%. ZRX currently ranks #192 globally by market cap, with a total market cap of ₹970.098808Cr, a fully diluted valuation (FDV) of ₹1.14345KCr, and a 24-hour trading volume of ₹50.288164Cr. In terms of supply, ZRX has a maximum supply of 100Cr, a current circulating supply of 84.84Cr, with 84.84% already in circulation and 15.16% remaining to be unlocked.

About 0x Protocol

0x Protocol is a foundational open-source infrastructure layer that enables peer-to-peer exchange of Ethereum-based tokens, powering a significant portion of the decentralized exchange (DEX) ecosystem.

Key Takeaways

  • 0x Protocol is an open-source protocol that facilitates the building of decentralized exchanges (DEXs) and other trading applications on the Ethereum blockchain.
  • Its native token ZRX is used for governance, allowing holders to vote on protocol upgrades and treasury management.
  • The protocol operates through a system of off-chain order relay with on-chain settlement, improving speed and reducing costs.
  • A key component of its ecosystem is the 0x API, an aggregation service that provides developers with liquidity from numerous sources.
  • The maximum supply of ZRX is fixed at 1 billion tokens, and its utility revolves around the future decentralized governance of the protocol.

What is 0x Protocol? Key Specifications and Tokenomics

0x Protocol is a permissionless, open-source protocol that provides developers with the necessary building blocks to create decentralized trading applications, acting as a critical liquidity layer for the Web3 economy.

ItemDetails
Name (Ticker)0x Protocol (ZRX)
Also Known AsZRX Coin
Consensus MechanismEthereum Proof of Stake (relies on Ethereum's security)
Smart ContractsFully supported (EVM compatible)
CategoryDecentralized Exchange (DEX) Infrastructure / Liquidity Protocol
Hash AlgorithmKeccak-256
Block RewardNot applicable (protocol layer on Ethereum)
Max Supply1,000,000,000 ZRX
TPSDepends on the underlying Ethereum network
Scaling SolutionsUtilizes Ethereum Layer 2 solutions (e.g., Polygon, Optimism) to improve transaction speed and reduce fees
BlockchainEthereum

Who Created 0x Protocol (ZRX)?

0x Protocol was co-founded by Will Warren and Amir Bandeali. CEO Will Warren has a background in mechanical engineering and physics research, while CTO Amir Bandeali was formerly a fixed-income trader. The project launched following a successful Initial Coin Offering (ICO) in 2017. Development and governance of the protocol are now managed by 0x Labs and the broader decentralized community through the ZRX token. 0x Labs continues to serve as a core contributor, building key products that leverage the underlying protocol, such as the 0x API.

How Does 0x Protocol (ZRX) Work?

0x Protocol employs a unique hybrid model for decentralized trading. It uses a system of off-chain order relay with on-chain settlement to optimize efficiency. Here is a simplified breakdown of the process:

  • Order Creation and Relay: A market maker creates a signed order specifying trade details (token pair, price, quantity) and broadcasts it off-chain through a relayer. This avoids blockchain fees before the trade is finalized.
  • Order Aggregation and Discovery: Relayers (which can be DEX front-ends or aggregators) collect these orders and make them discoverable to takers (traders who wish to fill the orders).
  • On-Chain Settlement: When a taker finds a suitable order, they submit it to the 0x smart contract on the Ethereum blockchain. The contract verifies the signature and executes the swap directly between the parties' wallets.
  • The Role of the 0x API: This developer tool aggregates liquidity from 0x relayers and other DEXs (like Uniswap, Curve), providing the best available price for a trade in a single API call. It handles the complexity of finding liquidity in the fragmented DeFi landscape.

What Makes 0x Protocol (ZRX) Unique and Valuable?

The primary value proposition of 0x Protocol lies in its role as neutral, open-source infrastructure rather than a single application. Its main differentiators include:

  • Modular Design for Developers: It provides flexible smart contracts that developers can integrate into their own applications (wallets, games, DEXs) to enable token swap functionality without having to build liquidity from scratch.
  • Efficiency Through a Hybrid Model: By moving order book management off-chain, it reduces network congestion and user costs while maintaining the security and finality of on-chain settlement.
  • Liquidity Aggregation via the 0x API: This service is a major utility driver, solving a critical problem in DeFi by providing applications with aggregated liquidity from dozens of sources, improving trade price execution for end-users.
  • Focus on Governance: The ZRX token is fundamentally a governance token. Holders manage the 0x treasury and vote on protocol upgrades, aligning community incentives with the long-term health and direction of the ecosystem.

What is 0x Protocol (ZRX) Used For?

The ZRX token has two primary use cases within the 0x ecosystem:

  1. Protocol Governance: ZRX holders can participate in the decentralized governance of 0x Protocol. They vote on proposals related to smart contract upgrades, parameter adjustments, and the allocation of funds from the community treasury. This gives the community direct control over the protocol's evolution.
  2. Liquidity Incentives (Historical): In earlier versions of the protocol, ZRX was used as a staking token for market makers operating on specific relayers. While this model has evolved, the token's design emphasizes its role in coordinating and governing network participants and resources.

How is the 0x Protocol (ZRX) Ecosystem Developing?

The 0x ecosystem has evolved significantly from its original order book relayer model. Its development is now primarily focused on the 0x API, which has become its flagship product.

  • Adoption of the 0x API: Major Web3 wallets (such as MetaMask, Coinbase Wallet), decentralized applications (dApps), and trading platforms integrate the 0x API to offer built-in token swap functionality with optimized rates. This broad integration drives substantial transaction volume across the protocol.
  • Multi-Chain Expansion: While natively built on Ethereum, 0x has expanded its infrastructure to support other EVM-compatible chains like Polygon, Fantom, Avalanche, and Optimism, broadening its reach and usability.
  • Developer Tools: 0x Labs continuously releases tools and SDKs to make it easier for developers to build trading features, fostering a stronger developer community around the protocol.

How to Mine 0x Protocol (ZRX)?

ZRX is not a mineable cryptocurrency. It is an ERC-20 utility token on the Ethereum blockchain with a fixed maximum supply. All 1 billion ZRX tokens were created at genesis and distributed through an Initial Coin Offering (ICO), an ecosystem development fund, and allocations to the founding team and advisors. No new tokens can be created through mining or staking in the traditional proof-of-work sense. The only way to acquire ZRX is to purchase it on a cryptocurrency exchange.

How to Secure Your ZRX Coin?

As an ERC-20 token, the security of your ZRX depends entirely on the security of your Ethereum wallet and private keys.

  • Use a Reputable Wallet: Store your ZRX in a secure, non-custodial wallet where you control the private keys. Recommended options include hardware wallets (Ledger, Trezor) or well-audited software wallets (MetaMask, Trust Wallet).
  • Protect Your Private Keys and Seed Phrase: Never share your wallet's private keys or recovery seed phrase with anyone. Store them offline in a secure physical location.
  • Be Wary of Scams: Be cautious of phishing websites, fake support representatives, and unsolicited offers. Always double-check URLs and interact only with official 0x and exchange websites.
  • Consider Custodial Options: For beginners or active traders, keeping funds on a secure, insured exchange like BTCC can be a practical option, but this means you are trusting the platform's security.

How to Buy ZRX Coin?

ZRX is a popular cryptocurrency listed on many exchanges. However, it is recommended to trade on a large platform like the BTCC exchange for higher liquidity and better customer support.

  1. Register a BTCC Account: Sign up using your email or mobile number and complete KYC verification to unlock more features and benefits of the platform.
  2. Deposit Funds: Deposit fiat currency (via bank transfer, card, or third-party payment) or transfer USDT from an external wallet to your BTCC account.
  3. Start Trading: Go to the trading page and search for the spot trading pair ZRX/USDT or the perpetual contract ZRXUSDT.
  4. Place an Order: Enter the amount of ZRX you wish to buy and submit the order. For contract trading, you can also choose to short (sell) and adjust the leverage multiplier based on your strategy and risk tolerance.
  5. Confirm Your Purchase: For spot purchases, check your personal account to see if the tokens have arrived. For contract trading, check the trading page to see if your order has been successfully filled.

How to Buy and Use 0x Protocol

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive Coins0x Protocol is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose 0x Protocol products that suit your trading style

Spot Trading
0x ProtocolZRXUSDT

Zero slippage, ultra-fast matching, supports large spot transactions seamlessly, ideal for long-term asset allocation and spot accumulation.

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Perpetual Contracts
0x ProtocolZRXUSDT

Industry-low fees, supports up to 50x leverage. Go long or short flexibly to capture intraday market movements.

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0x Protocol FAQs

How does ZRX staking and the 0x Protocol v3 staking mechanism affect ZRX supply and price?

0x Protocol (ZRX) is an ERC-20 governance token on Ethereum with a fixed max supply of 1,000,000,000 ZRX and no ongoing mint schedule, so staking does not create new inflation. Instead, the v3 staking mechanism introduced a market-maker staking system: liquidity providers stake ZRX to participate in governance and earn ETH rewards for supplying liquidity to the protocol.

Because staking requires locking tokens, it can temporarily reduce the liquid float available on exchanges. When more ZRX is delegated to market-making pools, sell-side pressure may ease, while protocol usage and reward demand can support bid-side interest. Since issuance is fixed and no burn mechanism is built into the token, long-term price impact depends mainly on real protocol volume, staking participation, and whether rewards attract sustained liquidity rather than short-term yield chasing.

How do 0x Protocol upgrades, gas fees, and DeFi ecosystem growth impact the value of ZRX?

0x Protocol (ZRX) benefits when the 0x Protocol upgrades improve execution quality and lower costs for developers and traders. The v3 upgrade added market-maker staking and ETH rewards, while the v4 upgrade, approved by over 2,300 ZRX holders in January 2023, introduced DEX aggregation to improve liquidity and trade pricing.

Gas efficiency matters because 0x uses off-chain order relay with on-chain settlement, reducing the number of costly Ethereum transactions. As the protocol expands across Ethereum, layer 2 networks like Optimism, and other EVM chains such as Avalanche and Fantom, gas friction falls and swap volume can rise. Growth in DeFi, wallets, and DApp integrations, including MetaMask, Coinbase Wallet, and Matcha, increases demand for 0x routing infrastructure. Higher aggregated volume and more integrators strengthen the utility and perceived value of ZRX as the protocol's governance token.

Will a spot ZRX ETF or institutional adoption of 0x Protocol drive institutional money into ZRX?

A spot 0x Protocol (ZRX) ETF would be a regulated fund holding actual ZRX tokens, giving traditional investors exposure through standard brokerage accounts without managing wallets or private keys. If approved, it could open ZRX to pension funds, RIAs, and other institutions that require compliant, custody-backed products.

Sustained ETF inflows would likely tighten available supply on exchanges, deepen liquidity, and improve ZRX's legitimacy as an established DEX infrastructure asset. 0x already has enterprise credibility: it is US-based, SOC2 certified, battle-tested since 2017, and powers major partners such as Coinbase, Robinhood Chain, and Base integrations. Institutional adoption of 0x APIs and aggregation infrastructure can also raise real protocol usage, which supports long-term demand for ZRX. However, an ETF is not guaranteed, and inflows depend on regulatory approval and market conditions.

How does ZRX compare to Uniswap (UNI) as a DEX infrastructure and aggregation token?

0x Protocol (ZRX) and Uniswap (UNI) both serve decentralized exchange infrastructure, but they approach liquidity differently. 0x focuses on aggregation and routing across many venues, while Uniswap is best known for its automated market maker pools.

Dimension0x Protocol (ZRX)Uniswap (UNI)
Core PositioningDEX aggregator and onchain routing layerAMM-based DEX protocol
Supply ModelFixed 1B max supply, no ongoing mintGovernance token with community-controlled supply
ConsensusEthereum ERC-20, off-chain relay plus on-chain settlementEthereum ERC-20, on-chain AMM pools
Main Use CasesSwap API, Gasless API, Cross-Chain API, MatchaToken swaps, liquidity provision, DeFi integrations

In short, ZRX competes as infrastructure that routes orders across 100+ sources, while UNI competes as a primary liquidity venue.

How do I set stop-loss and take-profit levels when trading ZRX futures?

On BTCC, you can attach stop-loss (SL) and take-profit (TP) orders directly to your ZRX/USDT perpetual contract position. The goal is to define risk before the trade and let the platform exit automatically.

  • Long position: place the stop-loss below a key support level, the recent swing low, or a moving average that has been holding. Set the take-profit near a known resistance zone or a measured target so the reward justifies the risk.
  • Short position: place the stop-loss above a key resistance level or recent high. Set the take-profit near a support zone where price may bounce.
  • Trailing stop: use BTCC's trailing stop to lock in profits as price moves in your favor. You can also manually move the stop-loss to break-even once the trade is in profit.

Always confirm the SL/TP order type and trigger price before submitting, and avoid placing stops too close to normal market noise.

What is the current price, market cap, and 24-hour trading volume of ZRX?

The current price of 0x Protocol (ZRX) is ₹11.612424, with a market cap of ₹970.098808Cr and 24h trading volume of ₹50.288164Cr. The circulating supply is 84.84Cr (max supply 100Cr).

Because crypto markets move 24/7, these figures update in real time. For the most accurate live data, open the ZRX/USDT perpetual contract page on BTCC to view the current order book, funding rate, and recent trades. You can also compare the spot price with the futures mark price to spot basis opportunities before placing an order.

What are the core drivers behind ZRX price movements?

0x Protocol (ZRX) price movements are shaped by three main layers:

  • Supply side: staking lock-ups in market-making pools reduce liquid float, exchange reserves show how much ZRX is available to sell, and the fixed 1B max supply means no new inflation dilutes holders.
  • Ecosystem: protocol volume, TVL, layer 2 activity, and DApp or NFT usage all drive demand for 0x routing. Integrations with MetaMask, Coinbase Wallet, Matcha, and Base tokens expand real utility.
  • Macro: Federal Reserve rate decisions, global liquidity conditions, ETF net flows, and regulation influence risk appetite for altcoins like ZRX.

Watching aggregated protocol volume and new chain integrations can help traders judge whether price moves are usage-driven or purely speculative.

What are ZRX's all-time high and all-time low prices?

The all-time high of 0x Protocol (ZRX) is ₹241.967607, reached on 2018-01-09 17:05; the all-time low is ₹6.988524, recorded on 2026-08-18 04:05.

These extremes help traders understand the full historical range and volatility profile of ZRX. The distance from the all-time high can frame long-term drawdown, while the all-time low often acts as a psychological reference for deep support. For a complete view, open the ZRX/USDT chart on BTCC and inspect the full-cycle candlestick history, including major milestones such as the 2017 ICO, the v3 staking upgrade, and the v4 aggregation upgrade approved in January 2023.

How do I read ZRX candlestick charts for futures trading?

Reading 0x Protocol (ZRX) candlesticks starts with the four prices each candle shows: open, high, low, and close. The body is the range between open and close, while the wicks show the highest and lowest prices reached during the period.

  • Support and resistance: mark zones where price has repeatedly reversed or stalled. These are potential entry, exit, or stop-loss areas.
  • Moving averages: MA and EMA lines smooth price and help identify trend direction. Price above a rising MA often signals bullish momentum.
  • RSI: an RSI above 70 suggests overbought conditions, while below 30 suggests oversold. Use it with trend context, not alone.
  • Volume: a breakout with rising volume is more reliable than one on thin volume.

Combine these signals on the ZRX/USDT chart on BTCC before placing a futures order.

How can I profit when the ZRX price drops by short-selling ZRX?

You can profit from falling 0x Protocol (ZRX) prices without holding spot tokens by shorting ZRX/USDT perpetual contracts on BTCC. The mechanics are simple: open a short position at a higher price, then close it by buying back at a lower price. The difference is your profit, minus fees and funding.

Shorting gives traders a two-way opportunity. In a bear market or during a pullback, a short position can generate returns while most spot holders are losing value. BTCC perpetual contracts also support stop-loss and take-profit orders, so you can define risk above a resistance level and target profits near support. Because futures can be traded with leverage, position sizing and risk management are essential. Always check the funding rate and mark price before entering a short.

Can I trade ZRX perpetual contracts with high leverage?

Yes. BTCC offers flexible leverage on ZRX/USDT perpetual contracts, up to 50x, subject to platform risk rules and your account tier. High leverage lets you control a larger position with less margin, which can amplify returns when the market moves in your favor.

However, leverage magnifies both gains and losses. A small adverse move can trigger liquidation and wipe out your margin. Beginners should start at 2x to 10x and always use a strict stop-loss. Before increasing leverage, check the maintenance margin requirement, funding rate, and current volatility of ZRX. A disciplined approach is to risk only a small percentage of your account on any single trade, even when higher leverage is available.

How can I practice ZRX trading with a free demo account?

After registering on BTCC, you can switch to Demo Trading mode and receive virtual funds, such as 100,000 USDT, to practice without risking real capital. The demo environment uses real 0x Protocol (ZRX) market data, so prices, order books, and volatility reflect live conditions.

In demo mode you can practice adjusting leverage, placing market and limit orders, and setting take-profit and stop-loss levels on ZRX/USDT perpetual contracts. This is a risk-free way to test shorting, trailing stops, and position sizing before going live. Once you are comfortable with the workflow, you can complete KYC, deposit USDT, and apply the same strategy with real funds. Many traders use the demo account to build discipline before increasing leverage.

How do I buy and trade ZRX step by step?

Here is a simple four-step guide to trading 0x Protocol (ZRX) on BTCC:

  1. Register on BTCC and complete KYC verification to unlock full trading and deposit limits.
  2. Deposit USDT via card or an external wallet. USDT is the margin currency for ZRX/USDT perpetual contracts.
  3. Go to the ZRX/USDT perpetual contract page and review the live price, order book, and funding rate.
  4. Set your margin mode and leverage, choose Long or Short, set stop-loss and take-profit levels, then confirm the order.

Start with a small position and low leverage while you learn how ZRX behaves. You can also use the BTCC demo account first to practice the same flow with virtual funds before trading with real capital.

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