#fully bullish zone entry $ZRX is the native cryptocurrency token of the 0x protocol, which is an open-source protocol that facilitates the peer-to-peer exchange of tokens on the Ethereum blockchain.
Key Features of ZRX:
Utility Token: ZRX is used to pay trading fees to relayers — entities that host off-chain order books and facilitate trades on the 0x protocol.
Governance: Holders of ZRX can participate in the protocol's governance by voting on updates and changes.
Built on Ethereum: 0x is an Ethereum-based protocol and supports ERC-20 and some ERC-721 tokens.
Decentralized Exchange Infrastructure: Instead of being a single DEX (decentralized exchange), 0x provides the infrastructure for others to build their own DEXs.
Use Cases:
Powering decentralized finance (DeFi) apps
Enabling gas-efficient token swaps
Providing liquidity aggregation
Ticker Symbol: ZRX
Protocol: 0x Protocol
Blockchain: Ethereum (ERC-20 token)
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