0x Ecosystem 🪐 Update #15

Highlights, network insights, and news from across the 0x ecosystem - September / October 2021.
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0x Labs
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0x Ecosystem 🪐 Update #15

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

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💡 Highlights

🧩 New Integrations (Demand)

  • CowSwap - A DEX aggregator providing MEV protection
  • PayRue - A decentralized crypto platform and multi-chain wallet
  • Trader - A nextgen NFT trading and discovery platform

🌊 New Liquidity Sources (Supply)

  • Avalanche
    • Pangolin
    • SushiSwap
    • TraderJoe
  • Fantom
    • Curve
    • SpiritSwap
    • SpookySwap
    • SushiSwap
  • Polygon
    • IronSwap

🗞 0x in the Media

💬 Social Mentions

🌐 Network Insights

% change = since Ecosystem Update #14 [July / August 2021]

Trading volume across 0x Protocol over the past two months was ~$18B. Newly launched support for 0x API on Avalanche and Fantom contributed to growth in trading volume, along with a slight uptick in volume on Polygon.

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

The number of trades on 0x protocol surged to ~6.6M in October, driven by a surge in trading activity on Polygon. More than 80% of this new trade volume came from Zapper, whose trade count peaked every Monday, highlighting the success of their weekly quest campaign. Zapper reached a daily ATH of ~369k trades on Oct 11th which was more than 3x their normal weekday average of ~110k daily trades.

Over the same period, we saw incredible growth in the number of monthly active users (by wallet addresses) across BSC and Polygon. In September, the monthly total across 0x supported chains doubled to ~660k, with another jump to 858k in October. Polygon now has 4X the active traders compared to Ethereum and BSC, with many coming from Zapper (an average of ~50k daily active traders).

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

Across integrators, Matcha took the top podium spot with a total of $5.3B in volume, an increase of 12.7% since the last update. 1inch Exchange and MetaMask took the other podium spots with $1.5B and $1.2B in volume, respectively. Many 0x API integrators continued their multi-chain expansion, including DexGuru, DEXTools, DODO, Metamask, and Zapper.

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

🔦 Ecosystem Spotlight

For the latest entry in our 0x ecosystem spotlight series, where we highlight some of the exciting and novel projects built on 0x, we chatted with DEXTools!

DEXTools is a suite of DEX trading tools that puts real-time data analysis at the tips of your fingers. We talked with DEXTools co-founder Frederic Fernandez about what inspired the team to start DEXTools, the recent launch of the new DEXTools Aggregator, and why they chose to integrate 0x.

📰 Read our interview with DEXTools

🪐 Ecosystem News

Special Shout-outs

🎉 Congratulations to Prysm on raising $3 million and launching their public beta!

🏆 Congratulations to Team Rainbow for winning the 0x sponsor prize at the recent ETHOnline hackathon! See the Decentralized Finance Options trading platform they built with 0x API here.

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, Polygon, Avalanche, and Fantom.

🛠 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 the official 0x Discord server, where you can chat with the 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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