mia von steinkirch, phd 49bc1d44b4
Create RFQ.md
2022-12-21 18:31:18 -08:00
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2022-10-16 16:52:27 -07:00
2022-12-21 18:31:18 -08:00

🍍 0x protocol


tl; dr

  • 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.


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