ZKSwap
ValidatedExchanges
DEX
Layer 2 AMM DEX employing ZK-rollups technology
- 1531 Followers1531 Followers
- 484 Likes484 Likes
About ZKSwap
ZKSwap is a layer 2-based decentralized cryptocurrency exchange (DEX) using the ZK-Rollups technology with an automated market maker (AMM) model. ZKSwap supports low gas fee transfer/transaction and unlimited token listing while increasing liquidity and ensuring the timely execution of orders.
ZKSwap is a layer-2 decentralized exchange (DEX) leveraging zero-knowledge rollups to provide faster and cheaper transactions on the Ethereum network. Integrating automated market making (AMM) with zk-rollups, ZKSwap aims to overcome traditional DEX limitations, such as high gas fees and slow transaction times, by utilizing advanced cryptographic technologies.
With its mission to enhance the decentralized finance (DeFi) ecosystem, ZKSwap offers a robust platform that ensures security, efficiency, and scalability. By reducing transaction costs and increasing throughput, ZKSwap is designed to provide a seamless trading experience for users. This makes it a significant player in the evolution of decentralized exchanges, offering a viable alternative to layer-1 DEXs.
The platform is user-friendly, making it accessible to both novice and experienced traders. Its innovative approach to liquidity mining and integration with various DeFi applications further solidifies its position in the market. By prioritizing user experience and transaction efficiency, ZKSwap continues to attract a growing user base and expand its ecosystem.
ZKSwap Magic Store Validation Score
See Results ››Validation Score
4.4Validation Date: -
- henrystephens593Yes
- marhuwingplum1979Yes
- HellarYes
- easyX1xYes
- EvgeniYes
- satishsirowabudaYes
- larry_pimp6Yes
- shtiriYes
- mindwipingYes
- fitri_fi396Yes
- emd_stephYes
- tvecuYes
- MariachiYes
- mocaYes
- SkayvoYes
- PiyushYes
- easygoYes
- artYes
- PorgestYes
- VladyslavYes
ZKSwap Review Score by Real Users
- 74
- 48
- 5
- 0
- 2
ZKSwap Magic Store Trust Score
- Security Validators Score
- 14.12.2023Validation Date
ZKSwap User Trust Reviews
ZKSwap FAQ
ZKSwap leverages zero-knowledge rollups to batch multiple transactions off-chain, process them, and then submit a single proof back to the Ethereum mainnet. This reduces the load on the mainnet, leading to faster transaction times and lower gas fees for users.
The main advantages of using ZKSwap over traditional layer-1 DEXs include significantly lower transaction fees, faster transaction processing, and enhanced scalability. ZKSwap's layer-2 solution ensures a more efficient and cost-effective trading experience.
Liquidity mining on ZKSwap involves users providing liquidity to various pools on the platform. In return, they receive rewards in the form of ZKSwap's native tokens. This process helps increase the liquidity available on the exchange, improving the trading experience for all users.
ZKSwap ensures the security and integrity of user transactions through the use of zero-knowledge rollups, which provide cryptographic proofs that transactions are valid without revealing any sensitive information. Additionally, all transactions are ultimately settled on the Ethereum mainnet, inheriting its security properties.
To set up a wallet on ZKSwap, users need to connect their Ethereum wallet, such as MetaMask, to the ZKSwap platform. After connecting, they can deposit Ethereum or ERC-20 tokens into their ZKSwap layer-2 wallet by transferring assets from their layer-1 wallet.
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