0x Ecosystem 🪐 Update #13

Highlights, network insights, and news from across the 0x ecosystem - May / June 2021.
0x
0x Ecosystem 🪐 Update #13

Welcome to the 0x ecosystem update where we regularly share highlights, network insights, and news from across the growing 0x ecosystem. Let’s dive in 👇

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💡 Highlights

🧩 New Integrations

  • Aurox - A cryptocurrency trading terminal designed to help traders accelerate their profits.
  • CoinCap - Real-time crypto market data and altfolio tracking.
  • Dango - DeFi leverage simplified.
  • Frontier - A chain-agnostic DeFi wallet.
  • Ruler Protocol - A market driven lending platform that provides non-liquidatable and fungible loans.
  • Thales - A binary options trading platform on Ethereum.

🌊 New 0x API Liquidity Sources

  • Polygon
    • ApeSwap
    • Balancer
    • ComethSwap
    • Curve
    • Dfyn
    • DODO
    • FirebirdOneSwap
    • mStable
    • Polydex
    • QuickSwap
    • SushiSwap
    • WaultSwap
  • Binance Smart Chain
    • ApeSwap
    • CafeSwap
    • CheeseSwap
    • FirebirdOneSwap
    • JulSwap
  • Ethereum
    • Curve V2

🗞 0x in the News

💬 Social Mentions

🌐 Network Insights

With increased volatility across the cryptocurrency market, trading volume across 0x Protocol in May rocketed to almost ~3X the volume seen in April, with a total of ~$17.8B in trading volume across Ethereum and Binance Smart Chain.

In April, 0x API launched on Polygon. Users can now trade with much lower transaction costs through different applications integrated with 0x API on Polygon, including DexGuru, Zapper and Matcha. By the end of June, the number of trades filled on Polygon caught up with the number of trades on Ethereum, with total trades topping 390k on each chain for the month.

0x metrics: total volume (left), # of trades (right)

Over the past two months, we’ve seen steady growth in active trader count across all 0x-supported chains. With the expansion to Polygon, the total number of monthly active users on 0x Protocol surged from just over 72k in April to more than 194k in June.

User behavior, however, differs from chain to chain: the average trade size on Ethereum over the past six months has hovered around $15k, with a peak of $48.9k in May, while the average trade size per fill on Polygon and BSC has ranged from $1k to $4k.

0x metrics: # of monthly active users (left), avg trade sizes (right)

Breaking it down by 0x API integrators, Matcha and DeFi Saver have been leading the pack for the past two months in terms of volume across chains. DeFi Saver is dedicated to managing users’ leverage and protecting positions from liquidations, which played a crucial role during the extreme market volatility traders experienced in May.

📈 Visit the 0x analytics dashboard to further explore the growth of the 0x network.

🔦 Ecosystem Spotlight

Introducing our brand new 0x ecosystem spotlight series, where we highlight some of the exciting and novel projects built on 0x. Our first spotlight is DexGuru! We talked to DexGuru founder Nick Sawinyh.

Nick is building DexGuru as a DeFi trading platform that gives traders unparalleled coverage of on-chain markets integrated into one place and delivered in real-time. In this interview, we dive deeper into what DexGuru is, why they chose to integrate 0x API, and what’s next for the rapidly growing trading platform.

📰 Read the full interview

🪐 Ecosystem News

Special Shout-out

🎉 Congratulations to Zapper on raising $15M in their Series A round to help build an on-platform app store! Zapper now has over 150k monthly active users and recently crossed $3 billion in total volume.

Looking for a simple way to add token swaps at the best prices to your product? 🔎

Look no further! 0x API is free to use, easy to integrate, and allows you to quickly and reliably access deep aggregated DEX liquidity so you can focus on building your product. In addition, 0x API is available on a growing number of popular blockchains, like Ethereum, Binance Smart Chain, and Polygon.

🛠 Check out our developer docs to integrate 0x API today.

💼 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 blog@0x.org and we’ll mention it in the next update.

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

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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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