diff --git a/MEV_and_trading/protocols/0x_protocol/README.md b/MEV_and_trading/protocols/0x_protocol/README.md index 3f36c3c..3fd33df 100644 --- a/MEV_and_trading/protocols/0x_protocol/README.md +++ b/MEV_and_trading/protocols/0x_protocol/README.md @@ -6,15 +6,9 @@
-* 0x request-for-quote (rfq), mev proof + zero slippage trades -* all communication happens off-chain until settlement, making the system extremely gas efficient for market makers -* trades are impossible to front-run or sandwich: no mev -* trades have zero slippage, zero fees (aside from gas), and are settled at a predetermined price -* highly capital efficient (max trade size = balance of market marker) -* rfq liquidity is composable -* off-chain orders, on-chain settlement -* the `txOrigin` field must be set and enforces that the order can only be filled by the specified address - it is impossible for any other trader or bot to front-run the trade. - +* DEX aggregator integrating both on- and off-chain liquidity: + - on-chain liquidity is sourced by sampling smart contract liquidity pools, such as uniswap and curve. + - off-chain liquidity is sourced from professional market makers via the 0x Request-for-Quote (“RFQ”) system
@@ -27,5 +21,4 @@ * [matcha.xyz](https://matcha.xyz/) * [RFQ orders official guide](https://protocol.0x.org/en/latest/basics/orders.html#rfq-orders) -* [0xv4 RFQ order guide](https://gist.github.com/lampshade9909/cf16b2aa198e4df8d00702ffd7bf506a) * [0x at mev.wtf](https://docs.google.com/presentation/d/1kde_3RPgHJP0vOP8GG92mlA7VtdGdHiGdrEGhFhx-5U/edit#slide=id.g465c39fec5_0_1309)