0x Ecosystem Update, November 2020
Welcome to the November 2020 ecosystem update from 0x Tracker! 🦃 Each month we share highlights, network insights and trading trends, as well as news from across the 0x ecosystem.
💡 Highlights
- Matcha adds support for 1,000+ new tokens and the ability for users to add custom tokens
- DeFi Saver surpasses $10m in daily volume
- Zapper launches its new exchange — Zapper.fi
🌐 Network Insights
In November, we’ve seen the number of active daily traders double from approximately 1k per day to 2k per day. This increase is primarily attributed to newly integrated apps, such as DexKit Swap and Zapper, an uptick of activity from existing apps, such as 1inch, which recently released v2 of their platform, and Matcha’s huge update that unlocked the ability to trade any token.
Below are the top apps that have integrated the 0x protocol, all of which saw positive growth in trades, volume, and traders. Particularly impressive was DexKit Swap with a ~12x increase in volume, MetaMask with a ~7x increase in trades, and DeFi Saver with a ~4x increase in volume.
Visit the Network Insights page to further explore the explosive growth of the 0x network
🤝 Trading Trends
📈 Top 10 tokens traded on 0x protocol, by volume, with the biggest % gains during the month (excluding stablecoins)*
* CoinGecko pricing data; ranked tokens only
📉 Top 10 tokens traded on 0x protocol, by volume, with the biggest % losses during the month (excluding stablecoins)*
* CoinGecko pricing data; ranked tokens only
💎 Top 5 tokens traded on 0x protocol, by volume, not available on any major centralized exchanges*
* CoinGecko top 10 spot exchanges by normalized volume with a trust score of 8 or higher
Visit the Apps page to find a 0x-powered DEX to trade on.
🗺 Ecosystem News
0x Labs | An organization focused on creating new markets in the 0x ecosystem.
- 0x v4 specs introducing feature upgradability, RFQ order types, and gas optimization were published on the 0x forum for comments and feedback
- Watch the November 0x Labs — Developer & Governance Meeting or read the detailed summary with timestamped links to jump right to your favorite topics of interest
- Spotlight on ETHOnline Hackathon projects building on 0x — TwentyPay, Pooled Loan, and SIGH Finance
- Blog post on three Gitcoin bounties to reward community-developed projects that build on the 0x open-source codebase
- Short tutorial from Solidity developer Markus Waas on integrating 0x API into your contracts
- Community spotlight on Joao Campos, head developer of DexKit
- The Giving Block adds the ability to donate in ZRX
- Product manager, Theo Gonella, shares his insights on “Exchanges, Liquidity, Asset Conversions” at Stellar’s Meridian event — watch the panel discussion here
- Reminder: Anyone is welcome to submit 0x protocol improvement ideas and proposals on the 0x Labs — Governance and Research forum
Augur | A decentralized, trustless oracle, and prediction market platform.
- It ain’t over yet?! #Election2020 prediction market remains open until January 22, 2021
DeFi Saver | DeFi Saver is a one-stop management solution for DeFi protocols.
- Volume passes $10m in 24 hours — more than $7m via 0x API -- check out the most popular loan shifter use cases
DexKit | A next-generation DEX tool kit.
- Launches MetaSwap, a new DexKit white-labeled solution
Matcha | The leading DEX aggregator built by 0x Labs.
- Passes $1B in volume since launch and enables access to 1000+ tokens, as well as custom tokens. Read the blog post announcement.
- Introduction to RenVM blog post
OctoFi | An open-source platform for aggregating thousands of DeFi investment opportunities.
- Integrates 0x API into the instant swap product
Prysm (beta) | A collaborative trading economy built on open financial infrastructure.
Rari Capital | The first non-custodial fund that aims to produce lossless returns to investors through unique DeFi strategies.
- Launches the Rari Foundation, an autonomous philanthropy machine
Tokenlon | A decentralized exchange powered by 0x protocol. Creator of imToken, an easy and secure digital wallet trusted by millions.
- Lucas Huang, Head of Growth at Tokenlon, and Clay Robbins, Head of Growth at 0x Labs, featured in What sets DEXs apart from CEXs? A deep dive featuring crypto traders and developers
Zapper | A simple dashboard for managing all your DeFi assets from one simple interface.
- Announces an investment from Coinbase Ventures and Delphi Digital
- Launches zapper.fi exchange
Zerion | An all-in-one interface that allows users to deposit, invest, trade, lend, and borrow DeFi assets.
- Introduced automated profit and loss calculations
👩💻👨💻 Jobs
Exciting opportunities to work for teams building on the 0x protocol:
- 0x Labs, Matcha, and Periscope Trading are hiring for software engineers (back-end, front-end, full-stack, and protocol) and product marketing roles. All positions are remote-eligible.
- Metamask is hiring: Scrum Master, Product Manager, Mobile Engineer
- Tokenlon/imToken is hiring for engineering, operations, public relations, product management, design, and business development roles
- Radar is hiring: DevOps Engineer, Software Engineer
- Zapper is hiring: Full-stack Engineer, Product Designer
- Zerion is hiring: Senior Frontend Engineer, Lead Python Engineer
Disclaimer: Historical token trading information and ecosystem updates related to integrations and token launches do not constitute or imply an endorsement, or financial advice, by 0x Tracker or 0x Labs.
🎬 Wrapping Up
And that it’s for November! If you enjoyed reading this, be sure to subscribe to the newsletter to receive the monthly update direct to your inbox.
If you’re building on 0x protocol and have a project or hiring update that you’d like to share, email hello@0xtracker.com to be included in next month’s edition.
Big thanks to our new contributors this month:
Brent Oshiro (0x Labs), Clay Robbins (0x Labs), Danning Sui (0x Labs), and Nikita (0x Community Ambassador).
