What is 0x and how does it work?

0x is a software that allows users to create custom crypto asset markets. Using the 0x protocol, users can both tokenize assets and buy and sell tokens running on the Ethereum blockchain. Makers – Those providing liquidity to the order book. Makers place orders on the exchange that do not trade immediately; rather, they wait for it to be matched.

What is 0x labs?

0x Labs is an organization that has developed a decentralized exchange (DEX) protocol that provides infrastructure to support the global exchange of tokenized assets and underpin a wide ecosystem of peer-to-peer ( P2P) transactions. Since its launch in 2017, 0x has doubled its staff and ramped up its efforts to realize its vision.

Is 0x a decentralized exchange?

Additionally, 0x doesn't interact with fiat currency, meaning users need to own Ethereum in order to use the exchange. Moreover, 0x faces many of the same criticisms common to decentralized exchanges including inconsistent liquidity and slow transaction times relative to a centralized exchange.

What is the market cap of 0x?

The current market cap of 0x is $199.15M. A high market cap implies that the asset is highly valued by the market. What is the all time high of 0x? The all-time high of 0x is $2.53. This all-time high is highest price paid for 0x since it was launched. What is the 24 hour trading volume of 0x?