DMEX
SUPPORT PORTALTELEGRAM
  • Introduction
  • Changelog
  • General
  • Oracle
  • Funds Safety
  • Volume on DMEX
  • Bitcoin Integration
  • xDAI Integration
  • Withdrawing from Old Contracts
  • FEES
  • Trading Fees
  • Deposits & Withdrawals
  • Orders
    • Market
    • Limit
    • Stop-Limit
    • Expiration Term
    • Leverage
    • Cross Margin
  • Definitions
    • Mark Price
    • Asset
    • Futures Contract
    • Position
    • Liquidity Pools
    • TradingView
  • Formulas
    • Liquidation Price
    • Maintenance Margin
    • Risk Limit
    • Global MM Multiplier
    • Funding Cost
    • USD Conversion
  • EMERGENCY METHODS
    • Overview
    • Withdrawing funds
    • Force Release Collateral
    • Finding the Base Contract
    • Finding the Trading Contract
  • Assets
    • Overview
    • BTC - Bitcoin
    • ETH - Ethereum
    • LTC - Litecoin
    • BCH - Bitcoin Cash
    • ADA - Cardano
    • XLM - Stellar
    • XMR - Monero
    • LINK - ChainLink
    • ATOM - Cosmos
    • DOT - Polkadot
    • UNI - Uniswap
    • ZRX - 0x
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  1. Assets

ZRX - 0x

Last updated 4 years ago

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0x is an infrastructure protocol that allows users to easily trade ERC20 tokens and other assets on the blockchain without relying on centralized intermediaries like traditional exchanges.

0x achieves this decentralized exchange functionality using a collection of open-source, publicly auditable that work together to produce a flexible, low-friction trading protocol that developers can easily weave into their products.

The protocol is powered by an ERC20 utility token known as ZRX. Nodes that (also known as relayers) host an off-chain order book and offer user-facing applications that present this information and allow users to make, fill and cancel transactions are paid in ZRX tokens (as trading fees). ZRX can also be used to participate in platform governance, helping holders suggest and vote on changes to the protocol.

Parameter

Value

Underlying Asset

0x

Project Website

Asset symbol

ZRX

Price Source

Binance

Price Path

price

Max. Leverage

25x

Maintenance Margin Coefficient

Leverage

Maintenance Margin Coefficient

25x

0.45

10x

0.40

5x

0.35

3x or less

0.30

In 2019, 0x an overhaul of the ZRX token, adding extra functionality, allowing ZRX holders to delegate their stake to a market maker to earn passive rewards while retaining their voting capacity.

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announced
https://0x.org/
Price Url
https://api.binance.com/api/v3/ticker/price?symbol=ZRXUSDT
Ethereum
cryptocurrency
smart contracts