ZRX (0x Protocol) — Research Snapshot as of 2026-10-20

What the asset is

ZRX is the native token of the 0x Protocol, an open-source, on-chain decentralized exchange (DEX) infrastructure layer that lets wallets and apps route and settle ERC-20 (and certain NFT) swaps across multiple blockchains without a central intermediary [9][10][11][21]. It is not a listed company, equity, ETF, or security — there are no earnings or share fundamentals [DOC-2][9]. The "-USD" suffix simply denotes the quote currency of the ZRX/USD trading pair.