We’re excited to announce that 0x has acquired Flood.bid, an early-stage DEX aggregator innovating in the Ethereum ecosystem. This marks 0x’s first acquisition - and the first of its kind in the DEX aggregation sector - as part of our commitment to provide best-in-class routing technology and deepen our engineering stack.
With this acquisition, we are consolidating our leadership in aggregation infrastructure, bringing together elite technical talent and pioneering routing architecture to accelerate the evolution of decentralized trading.
The integration of Flood’s proprietary technology and team will further optimize execution quality of 0x APIs.
Why Flood? Why now?
Flood.bid has been building breakthrough routing and pricing systems designed to improve trade execution in decentralized markets. Backed by $6.2 million from top-tier investors including Bain Capital Crypto, Robot Ventures, and Archetype, Flood’s work has aligned closely with 0x’s long-term vision for aggregation technology.
Led by Francesco Baccetti and Francesco Iannelli, Flood’s cutting-edge trade execution technology will be seamlessly integrated into 0x’s infrastructure, further enhancing price optimization and execution efficiency.
“The Flood team has been tackling the same challenge we’ve been focused on for years - how to consistently deliver the best price and experience for traders. Our missions are aligned, and together we’ll move even faster to build the next generation of aggregation infrastructure for the Web3 economy.” - Amir Bandeali, CEO of 0x
Flood’s engineers will join 0x full-time, bringing their technical expertise to the engineering team. The Flood brand will be retired as its product is integrated under 0x.
“At Flood, we’ve been obsessed with building optimal trading technology and pushing the boundaries of what’s possible. With 0x, we’re now joining forces with one of the most respected teams in the space. Together, we’re uniquely positioned to define the next generation of decentralized trading and bring precision-engineered execution to builders and users across ecosystems.” - Francesco Baccetti, Co-Founder and CEO of Flood.
Strengthening our leading DEX infrastructure
This deal is a rare milestone in the DEX aggregation space, where acquisitions remain uncommon. For 0x, it represents a strategic bet on talent density, technological edge, and cross-chain scale.
Since pioneering the DEX protocol category with the launch of the 0x protocol in 2017, we have evolved into a key infrastructure provider powering over $3B in monthly trade volume through our suite of APIs and apps.
0x recently launched Solana support on Matcha, becoming one of the first aggregators to unify trades across EVM and SVM ecosystems - and this acquisition accelerates that multi-chain vision.
With over $109 million raised from investors including Greylock Partners, Pantera Capital, and Coinbase, and a customer base that includes Coinbase, Robinhood, Phantom, Trust Wallet, Farcaster, and Matcha, 0x continues to set the standard for DEX infrastructure.
About 0x
0x allows builders to embed swaps in their onchain apps. 0x empowers hundreds of developers with essential Web3 tools to enable faster trading, better prices, and superior UX. Our suite of APIs has processed over 60 million transactions and $154 billion in volume from more than 9 million users trading on apps like Coinbase Wallet, Warpcast, Robinhood Wallet, Phantom, Metamask, Zerion, Zapper, and more.
Founded in 2017 by Will Warren and Amir Bandeali, the 0x team is also the creator of the decentralized exchange Matcha. The team has made significant technical contributions, including the NFT token standard (ERC721), the creation of Wrapped ETH, and has raised $109M up to Series B from leading investors as Pantera Capital, Greylock and Coinbase.
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