0x Labs

0x.org

-67%

est. 2Y upside i

FinTechSeries B

Rank

#2340

Sector

Fintech, Blockchain, Web3

Est. Liquidity

~4Y

Data Quality

Data: Medium

0x Labs operates in a high-growth Web3 exchange infrastructure market (TAM growing ~69% YoY) with a strong gross margin (~80%) and notable customers like Coinbase and OpenSea.

Last updated: March 10, 2026

Bull (25%)+250%

0x Labs successfully leverages its Cross-Chain API Beta and strategic acquisitions like Flood to significantly expand its market share in the rapidly growing Web3 exchange infrastructure, particularly in agentic swaps and DEX aggregation. This leads to substantial revenue growth, pushing the company's valuation to $1.225B by 2028, driven by increased transaction volume and developer adoption.

Base (25%)+50%

0x Labs maintains its strong position as a key Web3 exchange infrastructure provider, continuing to grow its API and protocol usage with existing and new customers. Despite intense competition, the company achieves steady growth, reaching a valuation of $525M by 2028, reflecting consistent execution and moderate market expansion.

Bear (50%)-70%

Increased regulatory scrutiny, coupled with aggressive competition from dominant DEXs like Uniswap and 1inch, and expanded DeFi offerings from centralized incumbents like Coinbase, severely limits 0x Labs' growth. This results in slower adoption, reduced transaction volumes, and a down round or acquisition at a significantly lower valuation of $105M, wiping out most common stock value due to substantial liquidation preferences.

Est. time to liquidity~4.0 years

Preference Stack Risk

severe

Investors hold $109M in liquidation preferences ahead of common stock, which is 31.14% of the assumed $350M current valuation. In an exit at or below $109M, common stockholders would receive little to nothing.

Dilution Risk

high

As a Series B company in a competitive and capital-intensive-for-growth market, 0x Labs will likely require additional funding rounds, leading to further dilution for existing common stockholders.

Secondary Liquidity

none

There is no publicly available information indicating an active secondary market or tender offers for 0x Labs' private equity.

Other 2 roles

View all 2 open roles at 0x Labs

Last updated: February 22, 2026

Questions to Ask at the Interview

Strategic questions based on 0x Labs's data — designed to show you've done your homework.

  • 1

    How does 0x Labs plan to differentiate and capture market share from dominant DEX aggregators like 1inch and established protocols like Uniswap, especially with their significant liquidity and user bases?

  • 2

    Given the evolving regulatory landscape for DeFi and tokenized assets, what specific strategies is 0x Labs implementing to ensure compliance and mitigate regulatory risks across multiple jurisdictions?

  • 3

    With $109M in total funding and the Series B at an undisclosed valuation, how is the company thinking about a liquidity event timeline for employees, and what are the key milestones to achieve that?

Community

Valuation Sentiment

Our model estimates -67% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.