PANews reported on May 15 that according to CoinDesk, decentralized trading infrastructure company 0x announced the acquisition of aggregator competitor Flood, which is its first acquisition since its establishment in 2017. The transaction aims to improve transaction efficiency, optimize quotes, and compete for market share on Ethereum and Solana with the help of Flood's self-developed aggregation software and development team. Currently, the total market value of aggregators is about US$2.3 billion, and the market competition is fierce.
0x acquires competitor Flood in an effort to expand DEX aggregator market share
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