CryptoWallCity vs MEXC Exchange

0x Labs (ZRX) Successfully Raises $70 Million in Series B

0x Labs has raised $70 million at an undisclosed valuation in a Series B round led by Greylock Partners that also includes OpenSea, Pantera Capital, Jump Capital and Jared Leto, according to a Forbes report.

0x provides a liquidity application programming interface that developers can use to split transactions between decentralized exchanges to find the best rates and throughput. Supported exchanges include Uniswap, Curve, and Oasis.

Solutions from 0x Labs are used in the Matcha liquidity aggregator platform, a global liquidity and market search engine that helps users trade their tokens at the best prices. Matcha is currently the second largest DEX aggregator in terms of trading volume after 1 inch.

Last week, the ZRX token rallied 47% after it was announced that 0x will power the Coinbase NFT (COIN) marketplace, which operates the second-largest cryptocurrency exchange by trading volume. .

The ZRX token is up nearly 15% in the past 24 hours, trading at $0.86.