0x Protocol Token

The ZRX token is the utility and governance token of the 0x Protocol, an open-source infrastructure that enables exchange of tokens on across EVM chains. ZRX operates as an ERC20 token. It plays a role in governance, where ZRX holders can vote on protocol upgrades and decisions.

0x Protocol is a publicly owned open source project - permissionless to use, to build on, and to govern. The 0x Protocol is governed by ZRX token holders. Is it not governed by ZeroEx Inc. 

ZRX is available on the Ethereum blockchain. A bridged version also exists on Base and OP Mainnet.

The 0x Protocol was co-founded by Will Warren and Amir Bandeali in 2016. Together, they envisioned a decentralized protocol to allow for more efficient peer-to-peer trading without relying on centralized exchanges. Since 2022, the 0x protocol is run by the 0xDAO and its token holders. Both founders have since started ZeroEx Inc, the the entity that builds and manages the 0x platform and APIs. The 0x protocol is not governed by ZeroEx Inc.

0x Protocol is a publicly owned open source project - permissionless to use, to build on, and to govern.

ZRX is a governance token for the 0x protocol. You can find more information on the 0xDAO site.

ZRX was officially launched on August 17, 2017, following the introduction of the 0x Protocol.

The total supply of ZRX is 1 billion tokens. ZRX does not have a fixed inflation schedule; the supply is capped, and there are no mechanisms for minting new tokens. A significant portion of ZRX tokens has been allocated to early investors, the development team, and as liquidity mining rewards. This distribution ensures a broad allocation between developers, stakeholders, and market participants.

You can find more information on the 0xDAO site.