0x is a decentralized exchange (DEX) for trading Ethereum-based tokens; examples of other DEX are Uniswap and Balancer. 0x achieves this decentralized exchange capability by combining open-source, publicly auditable smart contracts to create a flexible, low-friction trading system that developers can quickly include into their products.
0x supports both fungible (ERC-20) and non-fungible (ERC-723) tokens, unlike most other Ethereum decentralized exchange protocols. This implies it can be used for permissionless trading of a wider range of assets.
The native token of 0x is ZRX. Users can stake ZRX in order to get a piece of the liquidity benefits, or they can utilize ZRX to take part in governance activities.
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