Audience
Crypto users and traders seeking an application to make crypto transactions and trades
About ZKSwap
Any transaction on ZKSwap Layer 2 network can be completed quickly without consuming any gas fee, which greatly reduces user usage cost. Theoretical TPS is up to 10,000+, achieving real-time exchange without waiting. Enjoy smooth trading on the platform. Users fully own their own assets, and transactions do not require authorization which protects user privacy and account security. Users can add any token and create trading pairs on their own with a set fee; and we will support 0 gas fee airdrops and offer a seamless trading experience with an instant payment feature. Based on ZK-Rollups, the TPS can be increased by multiple orders of magnitude. While users enjoy a smooth transaction experience, their assets are autonomously controllable and safe. ZKSwap will deploy a series of smart contracts on the Ethereum blockchain to store the tokens deposited by users while recording and verifying Layer 2 status updates and related proof.
Other Popular Alternatives & Related Software
MoonSwap
AMM DEX running on Ethereum L2 and supported by Conflux Network. Paid by Conflux contract, continuously free. Average confirmation time on the chain is about 20s. Supported by Conflux Network and Cross-Chain Asset Protocol ShuttleFlow. AMM is a huge innovation in the entire crypto space. It has changed the way people swap cryptocurrencies. Hayden Adams developed Uniswap with his extraordinary creativity: liquidity pools allow users to easily switch between tokens in a fully decentralized and non-custodial way. Meanwhile, liquidity providers earn passive income from transaction fees proportionate to their share in the pool.” SushiSwap has made further improvements to Uniswap, at the same time, SushiSwap’s user base growth from sketch is also impressive. MoonSwap introduced Layer 2 solution to AMM, so that users who hold assets on Ethereum can also enjoy the “high-speed and zero GAS fee” experience, while also achieving higher asset utilization.
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YetiSwap
YetiSwap is a decentralized exchange (DEX) which runs on Avalanche, uses the same automated market-making (AMM) model as Uniswap, features a native governance token called YTS that is fully community distributed and is capable of trading all tokens issued on Ethereum and Avalanche. In a crowded marketplace with multiple contenders, YetiSwap offers three critically important benefits: fast and cheap trades, and a fair and open token distribution. First, YetiSwap can finalize trades quickly and cheaply. Since YetiSwap is built on Avalanche, it enables users to swap assets while enjoying sub-second transaction finality and transaction fees as low as a few cents. Oftentimes, trades on YetiSwap will feel as fast as trades on centralized exchanges. Second, beyond the significant performance upgrades to the technical status quo. Users of existing AMMs, such as Pangolin, Uniswap and Sushiswap, are already familiar with their mechanism of action.
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Atlas DEX
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PulseX
PulseX enables you to exchange tokens ("PRC20s") on PulseChain for one another. For example you could swap PulseChain's native token PLS for PulseX's token PLSX. It works like Uniswap on Ethereum. Bridges also let people trade currencies from other chains on PulseX. Every time people swap from one coin to another on PulseX liquidity providers earn fees as a reward. Users can bridge in their free ERC20s and pair them with free PRC20s in order to provide liquidity and earn fees. This also backs the value of the PRC20s that they got for free. In order to enhance PulseX's success another token will exist to further incentivize liquidity providers beyond the fees they're already making. When they become liquidity providers, they will receive LP tokens that they can deposit into a yield farm. This not yet named token is emitted with decreasing inflation over time. A DAO chooses which trading pairs receive this incentive and at what rates.
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Integrations
Company Information
ZKS
Founded: 2020
zks.org/en
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