Odaily Planet Daily News: Decentralized trading infrastructure company 0x announced the acquisition of competitor Flood, aiming to enhance its competitiveness in the decentralized exchange (DEX) aggregation market. The specific acquisition amount has not been disclosed. This acquisition marks 0x's first merger and acquisition since its establishment in 2017, primarily valuing Flood's proprietary aggregation software and development team. 0x CEO Amir Bandeali stated that Flood's technology performed excellently in trading simulation tests, helping to improve trading efficiency and compete for market share. Currently, the DEX aggregator market has a market value of approximately $2.3 billion, with 1inch and CoW Swap dominating on chains like Ethereum, while Jupiter leads on Solana. (CoinDesk)

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