Swap cross-chain tokens easily with Layer 2 DEX ZKSwap

Published on: 18.06.2021

ZKSwap has been developed by L2Lab as a decentralized exchange protocol that is based on ZKSpeed, a Practical ZK-Rollups Solution. ZKSwap aims to offer a solution to the low throughput and high transaction fees on the Ethereum network.

By opening up their platform to any token standard ZKSwap is working on creating an expansive DeFi ecosystem that would allow users to list and swap thousands of tokens with ease and in turn, make DeFi more accessible to the masses. Two of the main barriers to DeFi adoption are network congestion and gas fees, with their V2 ZKSwap is looking to provide scalability and usability to its users and make the network more efficient.

The V2 launch will prove beneficial as DeFi is gaining more traction and ZKSwap provides a cost-efficient way to swap between a variety of tokens.

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