Introducing the 0x Market Maker Program

Bringing liquidity to the markets of the future

Apply to the 0x Market Maker Program via our website

We are excited to announce the launch of the 0x Market Maker Program! Market Makers (MMs) are important stakeholders in both the 0x network and the DeFi stack, as they provide the necessary liquidity to create efficient markets. The goal of the Program is to bring additional liquidity to the 0x ecosystem by providing comprehensive tutorials, monetary incentives, and dedicated support from the 0x Engineering Team.



Why Market Make on 0x



Before digging into the details of the Program, let’s review some of the unique benefits of market making on top of the current network of 0x relayers.

First-mover advantage: Market makers can plug into open orderbook relayers to capture large spreads and find arbitrage opportunities that don’t exist on more competitive, centralized exchanges. Completely new markets: 0x enables MMs to trade new types of assets on platforms like prediction markets and NFT marketplaces. Non-custodial exchange: Centralized exchanges force users to sign up for an account, transfer in funds, and trust operators to securely control user deposits. 0x enables traders to take full custody of their digital assets and eliminate counter-party risk. Networked liquidity: MMs can use one pool of capital across multiple relayers to trade against a large group of takers. Orders placed on a single relayer can be mirrored onto other relayers around the world, filled by users of 0x Instant, or used in other DeFi applications like Dharma or dY/dX’s Expo. Low-cost trading: Unlike with other exchange protocols, market makers do not need to pay gas fees to make 0x orders. Traders only need to pay for bulk cancellations.

About the 0x Market Maker Program



Since 0x runs on Ethereum, the biggest challenge for MMs to start trading is that they need to understand how the blockchain works. Traders need to be educated on how to manage a node, monitor the mempool, set up token allowances, fetch relayer orders, etc.



We have created a set of comprehensive tutorials to inform market makers how both Ethereum and 0x function. The tutorials cover the technical differences between trading on centralized exchanges vs. decentralized exchanges, in addition to explaining how to manage risk and utilize developer tools to deploy bots specifically designed for DEX trading environments. The 0x team will provide 1:1 onboarding assistance to walk market makers through the tutorials so they can get up to speed quickly. Our engineers are hanging out in our Discord chat and are more than happy to answer any questions.



Beyond education and ongoing support, 0x will be compensating market makers through the Program. Accepted applicants can receive $15,000 for building and running their own market making bot on 0x relayers. See incentive breakdown below:

Kickstarting the Market Maker Program is the first step in providing resources and incentives to attract more market makers to the 0x ecosystem. We will be releasing new market making dev tools and announcing a few other initiatives in the coming months, so stay tuned.



Get started trading today by checking out the tutorials and applying to the Program through our website!

The laws and regulations applicable to the trading of digital assets and blockchain-native tokens, including through any software developed using the licensed work created by ZeroEx Intl., vary by jurisdiction. As set forth in the applicable Apache License, Version 2.0, anyone utilizing the work created by ZeroEx is “solely responsible for determining the appropriateness of using or redistributing the Work,” which includes responsibility for ensuring compliance with any such applicable laws and regulations. See the Apache License, Version 2.0 for the specific language governing all applicable permissions and limitations. Financial awards through the Program will be subject to acceptance and compliance with applicable terms and conditions.