The integration of the 0x Protocol is live in the Bancor.network app. With the integration, users on Bancor will be able to swap any Ethereum tokens supported by 0x API, enabling trading access to hundreds of non-whitelisted tokens on Bancor.network.
0x API is an open-source, decentralized exchange infrastructure that enables the exchange of tokenized assets on multiple blockchains. The 0x protocol is, at its core, a set of secure smart contracts that facilitate the peer-to-peer exchange of Ethereum-based assets.
The integration is aimed at making Bancor.network a better destination for traders by expanding token availability. When a trader performs a swap request on Bancor.network, the UI checks whether the tokens in the swap are listed on Bancor, and if not, the trade is routed via 0x API. Trades routed via 0x API have a “Best Route” of external in the swap widget as opposed to v2 or v3 for those that are routed directly through Bancor.
0x API has previously integrated Bancor v2.1 and v3 as liquidity sources and it aggregates liquidity from both protocols to enable even better prices for 0x API users by using Bancor token pools where it provides the best swap outcome for traders.