0x Protocol is a decentralized protocol that aims to facilitate trustless and interoperable exchange of Ethereum-based assets. It enables developers to build decentralized exchanges (DEXs) and other decentralized trading applications using smart contracts on the Ethereum blockchain. 0x Protocol allows for the exchange of any ERC-20 tokens, meaning that users can trade a wide range of assets and cryptocurrencies. It also provides several benefits such as lower fees, reduced slippage, and increased liquidity, making it an attractive alternative to centralized exchanges.
