What Is Polygon zkEVM?

Polygon zkEVM is a Layer 2 scaling solution that uses zero-knowledge proofs to bundle transactions off-chain and post a single proof to Ethereum. It mimics the Ethereum Virtual Machine (EVM) at the bytecode level, meaning developers can deploy Solidity smart contracts without modification — but with significantly lower gas fees and faster transactions.

Key Benefits:

• Fully EVM-equivalent (no code rewrites)

• Up to 90% reduction in gas fees

• Ethereum-level security via validity proofs

• Instant transaction finality

Why It Matters

Unlike optimistic rollups, zkEVM offers faster finality and stronger security by using validity proofs rather than fraud proofs. This ensures that transactions are instantly verified and secure, making it ideal for both DeFi and enterprise use.

Polygon zkEVM is part of the broader Polygon 2.0 vision — building a unified, scalable, and interoperable ecosystem for Ethereum using zero-knowledge tech.

A Growing Ecosystem

Since its mainnet beta launch, Polygon zkEVM has attracted projects like:

• Uniswap – for scalable DEX operations

• Aavegotchi – for NFT gaming

• Lens Protocol – for decentralized social apps

Polygon has also released the Chain Development Kit (CDK), enabling developers to launch their own zkEVM chains that are interoperable and Ethereum-compatible by default.

Real-World Impact

Major brands such as Immutable, Red Bull Racing, and Flipkart are exploring Polygon zkEVM for applications ranging from gaming to e-commerce, proving its potential beyond crypto-native use cases.

Final Thoughts

Polygon zkEVM is not just a technical upgrade — it’s a critical piece in Ethereum’s scaling puzzle. By offering low-cost, high-speed, and secure execution, it empowers the next generation of decentralized applications to thrive.

Whether you’re a developer, investor, or user, Polygon zkEVM is the gateway to Ethereum’s scalable future.

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Now it’s time to take this further with $MATIC rewards on Polygon zkEVM. Find out how to participate below.

How to participate

1. 🧿Head over to dApp at quickswap.unipilot.io and change the network to Polygon zkEVM.
2. 🧿Search for the ETH/USDC Balanced pair or navigate directly to it using this link. If you don’t hold these tokens, you can acquire them on QuickSwap.
3. 🧿Add your desired amount of liquidity.
4. 🧿Head to the Farming tab and stake your LP tokens.
5. 🧿You’re now earning sweet MATIC farming rewards in addition to the LP fees.

As you can see, APR is currently extremely high at over 20,000%. This will fall as TVL rises.

About Unipilot 

Unipilot is a DEX liquidity manager that enables you to earn sustainable yield with ease across multiple chains and DEXs.

Unipilot optimizes the LP experience by selecting the optimal range for liquidity, auto compounding earned fees and rebalancing the position back into range when necessary.

Website | Twitter 

About QuickSwap V3 

QuickSwap V3 is a decentralized exchange which offers innovative features such as concentrated liquidity and dynamic fees.

Website | Twitter 

About Polygon zkEVM

Polygon zkEVM is a Layer-2 scaling solution for Ethereum that leverages the scaling power of zero-knowledge proofs while maintaining Ethereum compatibility.

Website | Twitter  

SOURCE:
https://unipilot.medium.com/unipilot-launches-matic-rewards-on-polygon-zkevm-ee056e405bd8

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0VIX Protocol on Polygon Pauses Activity After $2M Hack

The attack appears to have been caused by a vulnerability in the protocol’s code, which allowed the attacker to steal funds from the protocol’s liquidity pools.

As a result of the exploit, 0VIX has paused its protocol and is urging all users to withdraw their funds immediately. The team has also stated that it is working on a fix to prevent similar attacks from happening in the future.

An attack on the vGHST token of 0VIX, a lending protocol on Polygon and Polygon zkEVM, resulted in an alleged loss of $2 million, prompting the 0VIX team to temporarily halt its lending markets and investigate the issue. According to blockchain security firm PeckShield, the attackers utilized a flash loan of $6.12 million in stablecoins to manipulate the vGSHT lending pool on 0VIX.

The 0VIX protocol is a decentralized lending platform that allows users to borrow and lend cryptocurrencies. It operates on the Polygon network, a layer 2 scaling solution for Ethereum that aims to reduce transaction fees and increase transaction speeds.

The incident highlights the importance of conducting thorough security audits and testing before deploying any smart contract or decentralized application (dApp) on a blockchain network.

In addition, it serves as a reminder for users to exercise caution when using decentralized protocols and to always do their own research before investing or using any platform.

This is not the first time a DeFi protocol has been exploited, and unfortunately, it likely won’t be the last. As the decentralized finance industry continues to grow and evolve, it is crucial for developers and users alike to prioritize security and take the necessary precautions to prevent attacks and protect funds.

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