Kokonut Swap Is Launching on Polygon zkEVM

Published on: 20.04.2023
Kokonut Swap Is Launching on Polygon zkEVM

Kokonut Swap is launching on Polygon zkEVM, an innovative Layer 2 platform powered by Zero-Knowledge (ZK) technology developed by the Polygon team.

Kokonut Swap goal is to become the go-to AMM protocol for the zkEVM ecosystem. They plan to improve the ecosystem’s capital efficiency by leveraging the dynamic-peg concentrated liquidity mechanism. This approach will help optimize the performance of liquidity providers and offer users a smoother trading experience.

They’re confident that the collaboration between Kokonut Swap and the Polygon zkEVM network will position them as a key player in the decentralized finance space.

 

About Kokonut Swap

Kokonut Swap is a next-generation AMM DEX protocol for the Klaytn ecosystem, through which users – or other protocols – can exchange stablecoins with low slippage.Kokonut Swap is a next-generation AMM DEX protocol for the Klaytn ecosystem, through which users – or other protocols – can exchange stablecoins with low slippage.

Website | Twitter 

 

SOURCE:
https://medium.com/kokonut-swap/kokonut-swap-is-launching-on-polygon-zkevm-3afc678d53db

 

REQUEST AN ARTICLE

Market Stats:
BTC Dominance: 57.6%(+0.13%/24h)
ETH Dominance: 13.85%(-0.36%/24h)
Defi Market Cap: $151.04B(+7.46%/24h)
Total Market Cap: $3801.99B(-2.81%/24h)
Total Trading Volume 24h: $177.08B(+2.45%/24h)
ETH Market Cap: $525.87B
Defi to ETH Ratio: 28.72%
Defi Dominance: 3.89%
Altcoin Market Cap: $1611.94B
Altcoin Volume 24h: $112.95B
Total Cryptocurrencies: 35897
Active Cryptocurrencies: 9532
Active Market Pairs: 108429
Active Exchanges: 846
Total Exchanges: 10926
BTC: 109945.29$(0.23%/1H)
ETH: 4360.22$(0.51%/1H)
AVAX: 23.94$(0.94%/1H)
BNB: 858.23$(0.29%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.83$(0.78%/1H)
DOT: 3.82$(0.74%/1H)
UNI: 9.63$(0.72%/1H)
CAKE: 2.51$(0.43%/1H)
SUSHI: 0.76$(0.37%/1H)
ONE: 0.01$(0.52%/1H)