Join Mailing List

A protocol for next generation (b)0x-standard relays

The first decentralized margin lending protocol on the Ethereum mainnet.
NFTs are decentralized since they are built on blockchain technology, just like bZx on the Ethereum mainnet. NFT trading is attracting investors, much like crypto trading does. Read the Was sind NFT blog to learn more about NFTs.

Get Paid to HODL

Just check a box and start earning interest. bZx integrates with existing wallets, turning your existing Ethereum wallet into a decentralized unBank account that pays you to do what you’re already doing: Holding.

_0x _1000_001_0010_6 Ct r l + S

bZx Makes Decentralized Exchanges Practical

Decentralized exchanges need functionalities like margin lending and clearinghouses. bZx makes these possible through trustless smart contracts.

Why Is Decentralized Margin Trading Better?

  • Minimal Risk

    Minimal Risk

    Whether you’re a lender or borrower, you stay in control of your keys. Never worry about exchanges getting hacked or stealing your funds.

  • Passive Income

    Passive Income

    Make money with the assets you already hold in your wallet without giving up control of them. Interest rates on margin loans are often much higher than traditional loans while being far safer.

  • Lower fees

    Lower fees

    Traders on centralized exchanges pay higher interest rates to compensate lenders for the risk of the exchange getting hacked. Decentralized margin lending makes trading more affordable. To make informed decisions about trading, join Inside Bitcoins, a cryptocurrency and finance education portal that has been listed the Best UK Stock Brokers in 2023.

bZx Solves Decentralized Exchange Liquidity

Decentralized exchanges have two big issues: low liquidity and large spreads. Low liquidity means that there is a low volume of buyers and sellers. This can result in worse prices or difficulties filling large orders. Large spreads are caused by large gaps between bids and asks. This imposes large costs for entering and exiting positions. bZx bridges centralized and decentralized liquidity pools using tokenized margin loans. With bZx’s Universal Liquidity, you get access to the entire margin lending market. This means less slippage and tighter spreads.

Safer, More Stable Margin Lending

bZx pools loans together in a decentralized clearinghouse. Lenders can lend to a whole pool of people, averaging risk across many borrowers, allowing for a more predictable income stream. All bZx loans are insured with the bZx guarantee fund.The BZRX token is used by relays to collect trading fees. Token holders decide how to upgrade the bZx protocol.

Decentralized Margin Trading Powered by bZx

The BZRX token is used by relays to collect trading fees. Token holders decide how to upgrade the bZx protocol.

How bZx Works

How bZx Works How bZx Works

Long Positions

Taking a long position involves a simple swapping of one asset for another. For example, you could swap DAI for ETH because you think ETH will go up in value faster than DAI.

Short Positions

Short Positions

Taking a short position is more complicated. A short position is betting that something will go down over time. Short positions require escrow, leverage, and margin calls.

Leveraged Positions

Leveraged Positions

Leveraged positions use the same mechanics as short positions, but with leveraged positions you’re able to borrow more than you have. For example, you could go 100x long on Ethereum.

Roadmap

August 5, 2017

Tom Bean and Kyle J Kistner conceive bZx after several months of brainstorming and exploratory efforts. Whitepaper development begins.

2017

September 29, 2017

First Github commit in the protocol contracts code repository.

2017

Late Jan-early Feb, 2018

bZx sponsors ETHDenver, attracting initial attention. bZx officially announces. “Welcome to bZx” published on Medium.

2017

Feb 11, 2018

bZx officially releases the whitepaper after five months of concurrent coding development.

2018

April 20, 2018

bZx protocol debuts its fully functional smart contracts onto the Ropsten Testnet.

2018

April 24, 2018

bZx portal and bZx.js library initial release.

2018

May 11, 2018

Security audits begin on the bZx protocol contracts.

2017

June-July, 2018

bZx launches full website. Mainnet beta release of the bZx protocol.

2017

Late July-Early August, 2018

Mainnet release of bZx open to the public.

2017
View More

Team & Advisors

Tom Bean

Tom Bean

Founder and CEO

×
Tom Bean
Founder and CEO
Tom has spent over 15 years developing and leading teams. He was Lead Developer at HERE, a multi-billion dollar consortium of German car companies (BMW, Audi, Daimler) specializing in GPS technology, before co-founding bZx. Tom graduated from Georgia Tech with a degree in Computer Engineering before later receiving his MBA. He built the bZx protocol from the ground up in Solidity in addition to co-authoring the whitepaper.
Kyle Kistner

Kyle Kistner

CVO and Operations Lead

×
Kyle Kistner
CVO and Operations Lead
Kyle is the lead author and architect of the whitepaper. MSc in Computational and Molecular Biology. PhD track dropout. Microeconomics nerd. He has been following blockchain with an academic interest since 2011 and has been critical to the inception and execution of the project. He directs his strengths in analysis and synthesis toward decentralized system design.
Alex Shafranovich

Alex Shafranovich

DApp Full-Stack Engineer

×
Alex Shafranovich
DApp Full-Stack Engineer
Alex is an accomplished software engineer with 10+ years in building web applications and an extensive experience in leading development teams. As a Team Lead, he can boast of strong expertise in all the facets of project implementation—from establishing communication with the customer to testing and post-production support.

Besides development, Alex is efficient in formalizing and distributing tasks, always aware of the strengths and weaknesses of each team member.

He is passionate about blockchain technologies and applying best practices in both, software development and agile project management.
Aliaksei Hiatsevich

Aliaksei Hiatsevich

Senior Blockchain Engineer

×
Aliaksei Hiatsevich
Senior Blockchain Engineer
Experienced senior Software Engineer with a demonstrated history of working in the computer software industry. Skilled in Blockchain, Ethereum, C/C++ and Linux.

Aliaksei specializes in full-stack DApps development with a higher expertise on smart contracts development, maintenance, performance optimization and auditing.

Lately, he's been working on security audits, sidechain networks (parity based), atomic swaps development, ICO/TGE/Crowdsales/Airdrops and protocol development. He has deep knowledge on several Token standards such as ERC20 and ERC721.

He is passionate about speaking at conferences about Tokens and Solidity development.
Pavel Kosobutskiy

Pavel Kosobutskiy

Senior UI/UX Engineer

×
Pavel Kosobutskiy
Senior Blockchain Engineer
Experienced UI developer with proven expertise in designing dynamic prototypes, mobile and web interfaces, websites, icons, logos, flash banners, and documentation.

Applying the latest guidelines and patterns, Pavel delivers intuitive and eye-catching GUIs for web-based solutions and designs stylish mobile applications for iOS, Android, and Windows Phone devices.

Pavel is profoundly knowledgeable about such design and multimedia tools as Adobe Photoshop, Adobe Illustrator, Adobe Flash, Adobe Dreamweaver, and CorelDraw. He is also adept at using the following modelling tools: Axure RP, Balsamiq, and inVision.

With solid background in user experience design, Pavel easily copes with the task of creating simple and convenient interfaces admired by both customers and end users. His deep understanding of functional design concepts and cutting-edge technologies enables Pavel to implement pixel-perfect, highly optimized representations of any customer ideas.
Adrian Li

Adrian Li

Senior Developer

×
Adrian Li
Senior Developer
Adrian is a mechanical engineer, author, lawyer, and developer. He has worked as a technical consultant for multiple YCombinator and Techstars companies including Trusu, branch8, Robin, and Syncspot. Adrian helped develop the bZx portal dApp and bZx.js library.
Manuel GarcÌa

Manuel GarcÌa

Project Manager

×
Manuel GarcÌa
Project Manager
Manuel is Technical Lead at Protofire, a blockchain development firm that provides Project Management services. Manuel works alongside Tom Bean to develop the product and manage the bZx development team.

Manuel has spent the last 15+ years working at the intersection of business and software innovation. He has seen how the latter can change the way existing and completely new organizations behave and create value. Manuel is responsible for helping token-based startups with protocol and smart contract engineering.
Casey Fallon

Casey Fallon

Senior Designer

×
Casey Fallon
Senior Designer
Casey handles branding, design, and production. An illustrator and graphic designer by training, he maintains a consistent brand and strives to promote and communicate what bZx is and does through cutting edge design influenced by both disciplines.
Manish Singh

Manish Singh

bZx Advisor

CIO at Crossbridge Capital

×
Manish Singh
bZx Advisor / CIO at Crossbridge Capital
Manish Singh is Chief Investment officer (CIO) at Crossbridge Capital in London overseeing over $3.5 bn in multi-asset investments. Previously he has worked at Societe General in London and Paris and at UBS Investment Bank in London and Hong Kong in Quant equity research, investment management, and derivative structuring roles. Manish gets interviewed regularly on CNBC, Bloomberg TV, and the BBC.
Stani Kulechov

Stani Kulechov

bZx Advisor

Founder of ETHLend

×
Stani Kulechov
bZx Advisor / Founder of ETHLend
Stani Kulechov is Founder and CEO of ETHLend, a peer-to-peer Ethereum lending protocol. Stani does not advise any other projects besides bZx. He has appeared on the cover of Forbes magazine.
Alexander Khoriaty

Alexander Khoriaty

bZx Advisor

Project Manager at district0x

×
Alexander Khoriaty
bZx Advisor / Project Manager at district0x
Project manager at district0x and co-founder of Sourcerers, Alexander is a lifelong technologist with an imagination for decentralized organizations. After studying physics at the University of Michigan, he spent two years at Coinbase working on quality assurance and payment operations, leaving in 2017 to found sourcerers.

Relay Integrations

StarBitEx OpenRelay SharkRelay
AmadeusRelay BambooRelay Instex

Partners & Collaborators

Chainlink MakerDAO KyberNetwork
WhaleLend ETHLend Etherisc
SignalVC Wyre ZeusProtocol
back