0x Ecosystem Update #12

Highlights, network insights, and news from across the 0x ecosystem - March / April 2021.
0x Labs
by on

Welcome to the 0x ecosystem update #12! 🐣🌱 Given the rapid pace at which 0x technology is evolving, the ecosystem’s explosive growth, and the multi-chain future, we’ll be moving from the previous monthly schedule to a more flexible bi-monthly one. This will give us more time between updates to properly capture all of the highlights, network insights, and news from across the 0x ecosystem.

πŸ’‘ Highlights

  • 0x protocol launches on Binance Smart Chain
  • 0x community-DAO is live
  • 0x live YouTube AMA with Co-founders/CEOs

🧩 New App Integrations

  • OneKey β€” A more reliable Cryptocurrency wallet
  • UniDex β€” The ultimate DeFi trading terminal by traders, for traders, and with traders
  • SudoSwap β€” A p2p asset swapping platform: swap any asset to any asset

🌊 New 0x API Liquidity Sources

  • Binance Smart Chain
    - BakerySwap
    - Belt
    - DODO
    - Ellipsis
    - Mooniswap
    - Nerve
    - PancakeSwap
    - Smoothy.finance
    - SushiSwap
  • Ethereum
    - Component
    - Kyber DMM
    - Maker PSM
    - Saddle
    - Smoothy
    - SushiSwap
    - BalancerV2
    - UniswapV3
    - xSigma

πŸ—ž 0x in the News

🌐 Network Insights

0x v4 RFQT system volume took off in the beginning of March after a number of market makers were onboarded. By the end of April, RFQT volume represented ~25% of all 0x API volume (prior to v4, RFQT volume represented only ~2.5%). This is a clear indicator that the RFQT system is becoming more competitive relative to pricing offered via open order book and bridged AMM liquidity sources.

In March, 0x API launched on Binance Smart Chain (BSC) and there are currently seven apps that have integrated the API (not all public). On the liquidity side, 0x API now sources over 14 different on-chain liquidity pools, with Pancake Swap representing ~80% of volume.

By the end of April, 0x API on BSC saw over 20k traders, 140k fills, and a healthy ~$430M in total volume. A special call out to 0x API integrator DODO, who had a peak day of $70M on April 18th.

For 0x API users who traded on BSC, we made our Trade Explorer Query public so any trader can query their summary stats by entering their wallet address. Another BSC data repository is the public dashboard of global 0x API volume on BSC, which highlights a bunch of summary stats and timeline overview.

With the expansion to BSC, 0x API expanded its users from ~70k per month before March, to ~85k in April.

Visit the 0x Tracker β€” Network Insights to further explore the growth of the 0x network.

πŸͺ Ecosystem News

0x Labs

Ecosystem

πŸ™‹β€β™€οΈπŸ™‹β€β™‚οΈ Ecosystem Jobs

Exciting opportunities to work for teams building on 0x technology:

🎬 Wrapping Up

Thanks for tuning in! If you’ve built a new app on 0x, let us know by emailing brent@0x.org, and we’ll highlight it in the next update.

Also, don’t forget to our official Discord server, where you can chat with the 0x community and learn more about all of the exciting developments in the ecosystem.

Join the 0x Discord Server!
Check out the 0x community on Discord - hang out with 6,340 other members and enjoy free voice and text chat.

πŸ™ A huge thanks to our contributors

  • Brent Oshiro (0x Labs)
  • Connor Hays (Community Writer)
  • Craig Bovis (0x Tracker)
  • Danning Sui (0x Labs)
  • Nikita (0x Community Ambassador)
Interested in contributing to the update? Email brent@0x.org.

Disclaimer: Projects mentioned and content covered in this update do not constitute or imply an endorsement or financial advice by 0x Labs.

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