Are Non-Custodial Exchanges Blowing Up? An Interview With CEO of Radar Relay.
Recently, I have become a shill factory for 0x. I won’t get too deep into the protocol here, because the video below will cover this, but suffice to say I’m a big believer that relayers will usher in some competition for the established major custodial players. I have known Alan Curtis, the CEO of the largest 0x relayer (58% of market share in last 24hrs) Radar Relay for some time. He was a guest speaker on one of our early 2018 panels and did a great job conveying the non-custodial message.
Since then, usage of the 0x protocol has quadrupled (or more), with more ICOs preferring to launch early with non-custodial exchanges rather than pay exorbitant fees to be listed on a custodial player like HitBTC.
You can see that the growth has been in fits and starts, with ICOs representing the peaks and slow days representing the valleys. But it’s been growing, topping $11M in transactions in a single day in late April, 2018.
I caught up with Alan to discuss the protocol, Radar Relay progress, what they’re hiring for and much more in the latest edition of The Blockchain Brief.