0x (ZRX): D-Score 33/100 — Centralized Leaning BlockIndex D-Score: 33/100 (Centralized Leaning). 0x (ZRX) is a Layer 2 cryptocurrency using PoS consensus. 0x (ZRX): ERC-20 governance token powering liquidity aggregation and developer-first swap APIs for composable on-chain trading. Source: https://blockindex.ai/coin/zrx · Data by BlockIndex.AI · Updated 2026-06-19 D-Score breakdown (0-100, higher means more decentralized) Component: Score: Overall D-Score: 33: Node distribution: 0: Initial distribution: 0: Governance: 20: Age and history: 13: Autonomy: 0: Key facts - Layer: Layer 2 - Consensus: PoS (N/A) - Launch: ICO (2016) - Founder: Will Warren, Amir Bandeali - VC funded: Yes - Max supply: 1,000,000,000 - Circulating: 848,396,563 (84.8%) Market data (as of 2026-06-19) - Price: $0.09 - Market cap: $72.32M - 24h volume: $7.25M - 24h change: -2.31% · 7d change: -3.23% About 0x (ZRX) is an open, permissionless protocol and developer infrastructure project designed to enable decentralized exchange functionality and composable token swaps on Ethereum. Founded in 2016 by Will Warren and Amir Bandeali, the project launched its token via a public ICO in August 2017. Over time 0x has evolved beyond a pure protocol to include productized developer APIs (including the Swap API and Gasless API), tooling and analytics that enable wallets, DEXs and DeFi applications to integrate seamless token swap capability without building matching engines or complex routing logic from scratch. The 0x protocol is built around audited smart contracts, relayer/off-chain order distribution and on-chain settlement, while the broader 0x ecosystem emphasises developer experience, reliability and low-latency API responses for integrators. Technically, 0x leverages Ethereum as its settlement layer and exposes a set of smart-contract-based primitives for order settlement, liquidity aggregation and token routing. The project’s token, ZRX, is an ERC-20 governance token used to coordinate protocol upgrades and community treasury decisions. The protocol has undergone multiple major versions (notably v2 → v3), with v3 receiving third-party audits (ConsenSys Diligence) and continued maintenance. Core technical features include relayer-based off-chain order distribution with on-chain settlement, advanced aggregation and routing logic in the Swap API, and support for meta-transaction or gasless flows that let integrators abstract gas costs for end users. Developer tooling—official documentation, GitHub repositories, code examples and API endpoints—supports broad integration, and on-chain explorers and analytics platforms provide visibility into protocol activity. From an economic and adoption perspective, ZRX has a fixed maximum supply of 1,000,000,000 tokens with an initial distribution structured at launch: roughly 50% sold to investors during the ICO and the remainder allocated across the core development organization, external developer funds, founding team vesting, and early backers. Circulating supply and unlock schedules have been documented over time, with circulating supply reported historically around ~848.4M ZRX (~84.84% of max supply) in the provided sources. The token is listed across major centralized exchanges (Coinbase, Binance, Kraken, Bybit, Bitget, BitMart, Gemini, HitBTC and others) and on major DEX venues (Uniswap), and is tracked on analytics platforms including CoinMarketCap, CoinGecko and Messari. Market statistics in the source material capture daily volumes and historical peaks (ATH in early 2018) and underline 0x’s role as a liquidity aggregation layer used by wallets and integrators (e.g., Matcha, Coinbase Wallet, Trust Wallet). Governance is token-holder-driven, with on-chain proposals and voting used for major protocol changes and for decisions related to the community treasury. The project operates commercially through ZeroEx Holdings, Inc. and maintains a development organization (0x Labs) that productizes API offerings. Security posture has been strengthened over time through audits and responsive incident handling (a v2 vulnerability was identified, the contract was shut down and patched; no exploit was reported). Looking forward, 0x continues to expand multi-chain routing and product integrations (for example, 2025 integrations with Monad L1 were announced), while focusing on developer experience, API uptime and performance as core competitive features. Links - Website: https://0x.org/ - Whitepaper: N/A - GitHub: https://github.com/0xProject/protocol/ --- About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore