What is 0x (ZRX) Cryptocurrency? Price, Exchange, and Chart Insights

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The world of decentralized finance (DeFi) continues to expand, and at the heart of this evolution lies 0x (ZRX) — a foundational protocol enabling seamless token exchange on the Ethereum blockchain. Designed to power decentralized trading, 0x provides the infrastructure that allows developers, traders, and platforms to conduct peer-to-peer transactions without relying on centralized intermediaries.

Whether you're a seasoned crypto investor or just beginning to explore DeFi, understanding ZRX cryptocurrency — its purpose, market performance, and trading availability — is essential for navigating today’s digital asset landscape.

Understanding the 0x Protocol and ZRX Token

0x is not just another cryptocurrency; it's an open-source protocol that facilitates the exchange of Ethereum-based tokens. Launched in 2017 by founders Will Warren and Amir Bandeali, 0x aims to solve one of DeFi’s biggest challenges: liquidity fragmentation. Instead of concentrating trading activity on a single platform, 0x enables liquidity to be shared across multiple decentralized applications (dApps) through off-chain order relaying and on-chain settlement.

The native token of the 0x ecosystem is ZRX, which plays two critical roles:

  1. Governance: ZRX holders can vote on protocol upgrades, fee structures, and other key decisions.
  2. Staking: Market makers and relayers can stake ZRX to earn fees and increase their visibility within the network.

This dual utility makes ZRX more than just a speculative asset — it's a functional component of a broader decentralized trading infrastructure.

Current Market Overview

As of the latest data, ZRX is ranked #145 among cryptocurrencies by market capitalization. Here are the key metrics shaping its current market position:

👉 Discover how ZRX compares to other DeFi tokens in real-time.

While ZRX has seen a dip in short-term performance — down 2.14% in 24 hours and 19.09% over 30 days — its long-term fundamentals remain relevant in the evolving DeFi ecosystem. The all-time high of $2.50** (January 2018) reflects early market enthusiasm, while the low of **$0.121 (March 2020) highlights volatility during broader crypto downturns.

With a BTC ratio of x1,525, ZRX maintains a stable presence in Bitcoin-denominated portfolios, signaling continued interest from both retail and institutional traders.

Where to Trade ZRX: Major Exchanges and Liquidity Pools

ZRX is widely available across leading cryptocurrency exchanges, offering traders flexibility in trading pairs and fiat on-ramps. Some of the most active markets include:

Trading pairs span major stablecoins (USDT, USD), fiat currencies (KRW, EUR, THB), and crypto assets like BTC and ETH. This widespread availability ensures robust liquidity and tight spreads, making ZRX accessible for both spot and margin trading.

👉 Start trading ZRX with low fees and high liquidity.

Core Keywords and SEO Focus

To align with search intent and improve discoverability, key terms naturally integrated into this discussion include:

These keywords reflect what users are actively searching for — real-time data, trading options, and technical insights — ensuring this content meets both informational and transactional needs.

Frequently Asked Questions (FAQ)

What is 0x (ZRX) used for?

The ZRX token serves two primary functions: governance and staking. Holders vote on upgrades to the 0x protocol, influencing its development direction. Additionally, participants can stake ZRX to support relayers who facilitate trades, earning rewards in return.

Is ZRX built on Ethereum?

Yes, ZRX is an ERC-20 token built on the Ethereum blockchain. This allows it to integrate seamlessly with wallets, dApps, and DeFi platforms that support Ethereum standards.

How many ZRX coins are in circulation?

There are currently 847.5 million ZRX in circulation, with a maximum supply capped at 1 billion. This limited issuance model helps maintain scarcity and long-term value potential.

Can I stake ZRX tokens?

Yes, users can stake ZRX through the 0x staking portal to support relayers and earn a share of trading fees. Staking enhances network security and decentralization while providing passive income opportunities.

Is 0x a good investment?

As with any cryptocurrency, investing in ZRX carries risks. While it plays a vital role in DeFi infrastructure, price performance depends on broader market trends, adoption rates, and Ethereum ecosystem growth. Always conduct thorough research before investing.

Where can I buy ZRX safely?

ZRX is listed on reputable exchanges like Binance, Coinbase, OKX, and Kraken. These platforms offer strong security measures, regulatory compliance, and high liquidity for safe trading.

The Role of 0x in Decentralized Exchanges (DEXs)

Unlike traditional centralized exchanges, decentralized platforms powered by protocols like 0x eliminate single points of failure. By enabling off-chain order books and on-chain settlements, 0x reduces gas costs and increases transaction speed — addressing two major pain points in DeFi trading.

Developers can integrate 0x into their dApps to offer native token swaps without building entire exchange infrastructures from scratch. This modular approach accelerates innovation across NFT marketplaces, yield aggregators, and cross-chain bridges.

Final Thoughts: Is ZRX Still Relevant?

Despite market fluctuations, ZRX remains a cornerstone of DeFi infrastructure. Its protocol is actively used by major platforms like MetaMask Swap, Radar Relay, and Paraswap. As demand for efficient, trustless trading grows, 0x continues to provide scalable solutions.

For investors, ZRX offers exposure to the long-term growth of decentralized finance — not just as a speculative asset but as a governance-powered utility token shaping the future of digital asset exchange.

👉 Monitor ZRX price movements and trade with confidence on a trusted global platform.

Whether you're analyzing charts, exploring staking opportunities, or diversifying your portfolio with DeFi tokens, understanding what 0x (ZRX) cryptocurrency is and how it functions gives you a strategic edge in today’s fast-moving crypto markets.