Today’s ZKSwap status: As of 18:00 GMT on April 30, 2021
- TVL $1581 million
- Liquidity $911 million
- Transaction 1891 (24 hrs transactions)
Our data shows that 70% of the active visitors on zks.app in April are new to ZKSwap! It’s exciting to see the community is growing and we truly appreciate all of your support!
According to ethhole.link, ZKSwap ranked second in TVL and is in a leading position among all players. We believe our strength comes from targeting the serious pain points to provide a smooth experience, such as improving transaction efficiency and significantly reducing transaction costs. In terms of security, ZKSwap aggregate and data on-chain(we have upgraded to 100% ZK-Rollups on March 22), and use zero-knowledge proofs to ensure the consistency of the state of Layer 1 and Layer 2 to ensure the same security as Layer 1.
ZKSwap’s zero-knowledge proof system adopts a distributed architecture and uses the latest zero-knowledge proof algorithm PLONK to generate proofs. The ZK-PLONK global trusted setup only needs to be generated once, and the circuit scale can be reused within a certain range of applications, which greatly lowered the threshold for the use of zero-knowledge proof.
There is still a lot of potential in our product and the whole Layer 2 world, and we will keep working to create and innovate!
We also welcome your suggestions along the way, please feel free to ask or feedback on our official forum or other social media channels!
ZKSwap is a layer2 dex based on the ZK-Rollup technology and using the AMM model. And You can find us here🥰:
ZKSwap Official Website: https://zks.org/en
ZKSwap APP: https://zkswap.app
ZKSwap Forum:https://forum.zks.org
ZKSwap Twitter: https://twitter.com/ZKSwapOfficial
ZKSwap Official Telegram group: https://t.me/zkswapofficial
ZKSwap Discord: https://discord.gg/NfZBKNJuAX
ZKSwap Medium: https://zkswapofficial.medium.com
ZKSwap Github page: https://github.com/l2labs
ZKSwap Reddit: https://www.reddit.com/r/ZKSwap_Official
