0x is an open protocol that enables the peer-to-peer exchange of assets on the Ethereum blockchain.
0x Labs provides infrastructure for businesses to build in the decentralized exchange (DEX) space.
0x Labs was founded in 2016 by Will Warren and Amir Bandeali. The company is headquartered in San Francisco, California.
0x offers a liquidity application programming interface that developers can use to split up transactions between decentralized exchanges to find the best prices and throughput. Supported exchanges include Uniswap, Curve and Oasis.
0x Labs also offers Matcha, a global liquidity and markets search engine that helps users trade their tokens at the best prices. 0x partnered with Coinbase, so that the company could launch its own NFT marketplace.
0x has enabled the exchange of more than $150 billion in tokenized value across approximately 40 million crypto trades. Businesses can use 0x to easily incorporate exchange functionality into their applications and create new markets for cryptocurrencies and tokenized assets.
0x is backed by Pantera Capital, Greylock, Blockchain Ventures, Coinbase Ventures, Jump Crypto, OpenSea, Jared Leto, and others. The company raised $70M in a Series B round on Apr 26, 2022. This brings 0x's total funding to $109M to date.