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View Chart0x 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.
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.
| Item | Details |
|---|---|
| Name (Ticker) | 0x Protocol (ZRX) |
| Also Known As | ZRX Coin |
| Consensus Mechanism | Ethereum Proof of Stake (relies on Ethereum's security) |
| Smart Contracts | Fully supported (EVM compatible) |
| Category | Decentralized Exchange (DEX) Infrastructure / Liquidity Protocol |
| Hash Algorithm | Keccak-256 |
| Block Reward | Not applicable (protocol layer on Ethereum) |
| Max Supply | 1,000,000,000 ZRX |
| TPS | Depends on the underlying Ethereum network |
| Scaling Solutions | Utilizes Ethereum Layer 2 solutions (e.g., Polygon, Optimism) to improve transaction speed and reduce fees |
| Blockchain | Ethereum |
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.
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:
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:
The ZRX token has two primary use cases within the 0x ecosystem:
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.
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.
As an ERC-20 token, the security of your ZRX depends entirely on the security of your Ethereum wallet and private keys.
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.
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Choose 0x Protocol products that suit your trading style
Zero slippage, ultra-fast matching, supports large spot transactions seamlessly, ideal for long-term asset allocation and spot accumulation.
TradeIndustry-low fees, supports up to 50x leverage. Go long or short flexibly to capture intraday market movements.
Trade0x 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.
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.
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.
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.
| Dimension | 0x Protocol (ZRX) | Uniswap (UNI) |
|---|---|---|
| Core Positioning | DEX aggregator and onchain routing layer | AMM-based DEX protocol |
| Supply Model | Fixed 1B max supply, no ongoing mint | Governance token with community-controlled supply |
| Consensus | Ethereum ERC-20, off-chain relay plus on-chain settlement | Ethereum ERC-20, on-chain AMM pools |
| Main Use Cases | Swap API, Gasless API, Cross-Chain API, Matcha | Token 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.
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.
Always confirm the SL/TP order type and trigger price before submitting, and avoid placing stops too close to normal market noise.
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.
0x Protocol (ZRX) price movements are shaped by three main layers:
Watching aggregated protocol volume and new chain integrations can help traders judge whether price moves are usage-driven or purely speculative.
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.
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.
Combine these signals on the ZRX/USDT chart on BTCC before placing a futures order.
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.
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.
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.
Here is a simple four-step guide to trading 0x Protocol (ZRX) on BTCC:
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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