0x Protocol

ZRX#307DeFi DEX Layer 2 and rollups Smart contract platforms DAO and governance

Confirm official data

$0.0990

no fees read, sources agree.

Code

We haven’t read this project’s code yet

Code is read for the largest tokens first.

No weekly commit data

Usage

We haven’t read usage for this token

DefiLlama doesn’t track it, and that’s common outside DeFi.

No daily fee data

Numbers

CoinGecko and CoinMarketCap agree

CGCMC

Price$0.099$0.0992Agree

Supply848M848MAgree

Mcap$84M$84.1MAgree

Volume$4.7M$4.51MAgree

We show both and don’t say which is right. CoinGecko, CoinMarketCap

Paper → real

About $84M of $99M is real

Selling everything at 2% a day would take 101 days.

Paper (all tokens)$99M

Market cap$84M

Real$84M

Real is the market cap scaled down when its order-book depth is below what is typical for a token of its size. An estimate, not a price. Venues we didn’t believe: BitDelta, BTCC.

$2.66M of the $4.68M reported is carried by the books (57%)

Reported by venues$4.68M

Carried by the books$2.66M

Not carried by their book: Poloniex (24× the norm), HTX (284× the norm). A day of honest trading passes through a book a bounded number of times its 2% depth; the norm is the median on large venues. Large venues set the norm and count in full; on the rest, volume past three times the norm is not counted. Depth is what venues report; DEX pools are checked apart.

Where it lives

4 tokens under its ticker that no list knows

Home contract: Ethereum 0xe41d…f498

HomeEthereum0x Protocol Token 0xE41d…F498$142K

UnknownBase0x Protocol (ZRX) 0xEeC7…2743$6.07claims $119K

HomePulsechain0x Protocol Token 0xE41d…F498$2.52

UnknownRobinhood0x Protocol Token 0x3326…4B26$0claims $68.8M

UnknownRobinhood0x 0xBAd1…Ea41$0claims $48.7M

UnknownHyperevm0x Protocol 0x320c…379A$0

Copies are what DEX search finds under the same ticker. Liquidity counts only pools against real assets; a pool against a made-up token can claim any figure.

Leverage

$2.25M in open futures, 2.7% of the market cap

Closing them all by force would take 2.7 days of 2% sell depth.

Funding, 8h: -0.0078% · shorts pay longs
Futures volume: $1.49M · 0.3× the spot volume · open interest turned over 0.7×
Venues: Bybit, OKX, Binance

Perpetual futures on Binance, Bybit, OKX and Hyperliquid, read hourly; CME and other venues are not counted. Liquidations from Bybit (every one), Binance (the largest per second) and OKX (its latest orders each hour): a lower bound.

On-chain