0x Ecosystem 🪐 Update #18
Welcome to the latest ecosystem update for 0x, the most trusted Web3 exchange infrastructure. Read on for highlights, integrations, network insights, and news from across the expanding ecosystem. Let’s dive in 👇📥 Subscribe to our blog for project and ecosystem updates delivered directly to your inbox. 💡 Highlights With power comes ⚡️SPEED⚡️Trust @0xProject to deliver the juice🔋 https://t.co/XupdEQ5MtT— Coinbase NFT (@Coinbase_NFT) April 21, 2022 🧩 New Integrations (Demand)
We welcome new 0x integrators to the ecosystem:Atlas - A cross-chain AMM connecting major blockchains Cometh - A DeFi powered game Coinbase NFT - A social marketplace for NFTs Genie - The first NFT marketplace aggregator Lost & Found - A NFT marketplace for the Lost & Found universe Minke - Better finance built on DeFi Nested - The one-stop SocialFi app to build, manage, and monetize portfolios 🌊 New Liquidity Sources (Supply) Chain Liquidity Sources Avalanche Synapse BNB Chain ACryptoS, Synapse Ethereum DODO v2, Eth2Dai, Lido, Synapse, Uniswap v3 Fantom Synapse Optimism Curve, Curve v2 Polygon Balancer 🌐 Network Insights % change = since Ecosystem Update #17 [January / February 2022]
0x Protocol volume reached $6.9B in the month of March and closed at $5.1B in the month of April across a total of 7 chains, bringing all-time volume to $160B+. Comparing across chains, BNB Chain, Optimism, and Celo volumes increased over the past two months, while Polygon and Ethereum volumes decreased by 40% and 19% respectively in the months of March and April compared to February 2022.
While volume was on a down trend the past two months, the number of overall active traders slightly increased during the same period, averaging around ~430k per month across all chains.0x metrics: total volume (left), # of monthly active users (right)
The number of trades on 0x Protocol hovered around 1.8M per month over the past two months. Polygon previously made up 58% of all trades across chains in February but dropped to 35% in April. On the other hand, BSC increased its share of trades from 11% in February to around 37% in April. Comparing trade size across chains, Ethereum trade size hovered around ~$15k, with Avalanche coming in second at ~$1.6k per trade.0x metrics: # of trades (left), avg trade size (right)
Across integrators, Matcha led with a total of $4.3B in volume over the past two months. While Matcha is available on all 0x API-supported chains, 93% of its volume came from Ethereum. In other news, Metamask reclaimed the 2nd podium spot from Cowswap with ~$1.3B in volume over the last two months. Cowswap and Metamask both reached more than $1 billion in volume.📈 Visit the 0x analytics dashboard to further explore the growth of the 0x network. 🪐 Ecosystem News 👂 Around the Ecosystem 🎉 Special Shout-out
Congratulations to Coinbase on launching their social marketplace for NFTs!🏗️ Builders ⚡️ Powered by 0x
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0x is trusted exchange infrastructure for the internet that has enabled over $160B in tokenized value flow through all major blockchains. Developers can use 0x to add flexible, multi-chain exchange functionality into their applications and create new markets for all tokenized assets, including cryptocurrencies, DeFi tokens, and NFTs. 0x offers secure, audited smart contracts, a professional-grade API, and a comprehensive set of developer tools and documentation.Get started with our developer documentation. 🎬 Wrapping Up
Thanks for tuning in! If you’ve built a new app on 0x, let us know by emailing [email protected] and we’ll mention it in the next update.
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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.