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0x Acquires Flood to Strengthen Position in $2.3B DEX Aggregator Market
0x Acquires Flood to Strengthen Position in $2.3B DEX Aggregator Market
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0x, a decentralized exchange infrastructure provider, has acquired rival Flood in a strategic MOVE to bolster its share of the $2.3 billion DEX aggregator market. The acquisition centers on Flood’s proprietary aggregation software, which 0x CEO Amir Bandeali highlighted as a key competitive advantage in an exclusive interview with CoinDesk.
Decentralized exchanges remain fundamental to DeFi, enabling peer-to-peer asset swaps without intermediaries. Aggregators like 0x serve as critical infrastructure, scanning multiple DEXs to identify optimal trade execution while operating on thin margins. This acquisition signals intensifying competition in the sector as protocols race to deliver superior price discovery.
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