What is 0x API?

0x API is a decentralized exchange aggregator. 0x API searches 17 decentralized exchanges and intelligently routes orders to ensure traders get the best price. dYdX's integration with 0x API allows users to atomically swap an asset that they own for USDC when depositing, and then deposit.

How does 0x work?

Developers can use 0x to incorporate exchange functionality into their applications, and market makers can use 0x to create markets for cryptocurrencies and tokens. ZRX, an Ethereum ERC-20 token, is the native governance and staking token of 0x.

How does dydx work with 0x API?

However, you are able to deposit or withdraw other assets into your Perpetual account through dYdX's integration with 0x API. For example, when depositing ETH, your ETH is automatically converted to USDC using 0x API. When withdrawing funds as USDT, the USDC in your perpetual account is then converted back to ETH using 0x API. What is 0x?

What is 0x labs?

Amir Bandeali, Co-founder and Co-CEO of 0x Labs says, “0x Labs helps businesses eliminate the complexity of accessing decentralized markets across all layers of the Web3 exchange stack.