0x acquires competitor Flood to expand US$2.3 billion DEX aggregator market share
Internet reports that decentralized transaction infrastructure company 0x announced the acquisition of aggregator competitor Flood, its first acquisition since its establishment in 2017. The transaction aims to leverage Flood's self-developed aggregation software and development team to improve transaction efficiency, optimize quotes, and compete for market share on Ethereum and Solana. Currently, the total market value of aggregators reaches approximately US$2.3 billion, and the market competition is fierce.
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