Phantom
Founder, CEO & Co-founder
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Standard methods of communication between 0x relayers.
The standard relayer API is a set of clearly defined methods of communication between a program and a 0x relayer. The interface is comprised of a set of HTTP… · More and WebSocket endpoints. Relayers can opt-in to implementing this standard API, allowing programs to easily access and trade across multiple sources of liquidity at the same time. Programs that are written to communicate with the standard relayer API are also immediately compatible with all new relayers entering the 0x ecosystem. The resulting benefits for relayers, traders, businesses and dApps built on top of the 0x protocol are numerous.
For example:
Relayers can pull orders from the orderbooks of other relayers in order to bootstrap liquidity on their own platform and attract traders.
Traders can easily make markets and trade across multiple relayers at the same time.
As new relayers enter the market, traders can immediately interact with them without changing their existing software or tools.
If one relayer shuts down, dApps that rely on liquidity can easily talk to a different relayer or set of relayers so that operations run uninterrupted.
Applications can reliably pull data from multiple relayers.
For example:
Relayers can pull orders from the orderbooks of other relayers in order to bootstrap liquidity on their own platform and attract traders.
Traders can easily make markets and trade across multiple relayers at the same time.
As new relayers enter the market, traders can immediately interact with them without changing their existing software or tools.
If one relayer shuts down, dApps that rely on liquidity can easily talk to a different relayer or set of relayers so that operations run uninterrupted.
Applications can reliably pull data from multiple relayers.
