OAX vs 0x vs 1inch Token
What problem does this service solve?
OAX wants to use a shared and distributed order book to add liquidity to their decentralized exchange. | 0x is designed to serve as a decentralized exchange for the Ethereum blockchain. The protocol uses Ethereum smart contacts that allow users to participate in a decentralized exchange, while adopting certain features of centralized exchanges. | 1inch allows traders to find the best rates across multiple exchanges. |
Token Stats
Company Description
OAX is developing a decentralized exchange that will address some of the privacy and security risks of centralized exchanges. Their platform will have a shared and decentralized order book, and will include the following features: a mechanism for credit risk assessment, structured dispute resolution, and a collateralized deposit system. OAX will apply the 0x protocol to improve liquidity for assets on the platform. Orders will be broadcasted publicly, and will be viewed by all potential takers. ddecentralized exchange model | 0x is a decentralized exchange built on the Ethereum blockchain that allows for ERC20 tokens to be traded. 0x hopes to serve as a building block for creating decentralized exchanges. | The 1inch token is used as a governance token for the 1inch network, which is a decentralized exchange (DEX) aggregator that connects multiple DEXes into one platform, and allows its users to find the most efficient swapping routes across all platforms. 1inch allows traders to source the best liquidity options and rates from different exchanges without having to check them manually. |