DeFi Aggregator OpenOcean integrates zkSync to expand its road to ZK-Rollups
Friday, May 5, 2023
SINGAPORE, April 27, 2023 /PRNewswire/ -- OpenOcean, the top-notch DEX aggregator and web 3 middleware protocol, is proud to announce their launch and integration with the popular new Ethereum layer 2 zk-rollup scaling solution, zkSync era. This move aligns OpenOcean's vision of a multichain future and reinforces OpenOcean's aim of providing an effortless and one-stop trading solution for all Web3 users.
OpenOcean has now launched its popular and easy-to-use decentralized exchange aggregation service on zkSync era and subsequently integrated the most largest DEXs on the network accompanied with TradingView charts. From launch, the deep liquidity sources from SyncSwap, Velocore, Mute, iZiSwap, SpaceFi and GemSwap are live to ensure that traders receive the best possible swap rates.
OpenOcean's routing algorithm powers up on-chain swaps with advanced real-time route-splitting that analyzes and compares multiple parameters including price and transaction costs to determine the most efficient swap route. OpenOcean is often the best choice for users looking to maximize return when trading on zkSync, and potential trading for airdrops and giveaways.
In addition to its ground-breaking swap functions, OpenOcean also offers their robust industry leading API and SDK which is available for dApps or individuals to use for hassle free zkSync era mainnet use and integration.
zkSync is a layer 2 scaling solution for Ethereum that uses ZK-rollup (zero knowledge) proofs to increase transaction throughput and reduce gas costs. ZK-rollup enables users to prove the validity of a transaction without revealing any sensitive information, ensuring privacy and security.
ZK networks like zkSync Era allow layer 2's to scale off Ethereum mainnet and play an important part in helping to drastically scale Ethereum's throughput. With supported zkSync bridges, users can transfer their assets and start trading on OpenOcean.
In the future, OpenOcean will further enhance support for the zkSync Era ecosystem to include more functionality such as Limit orders and cross-chain swap aggregation.
About OpenOcean
OpenOcean is a leading DEX Aggregator, a cross-chain swap aggregator, and Web 3 middleware developer in the crypto space, offering a suite of tools across 22+ networks and 280+ deep liquidity sources. OpenOcean is backed by top investors - Binance Labs, CMS, Kinetic, Altonomy, OKX Ventures, Multicoin and more. OpenOcean is building a one-stop trading platform, to bring users the best swap return for decentralized crypto trading.
Website: https://openocean.finance/
Twitter: https://twitter.com/OpenOceanGlobal
Discord: https://discord.gg/C7PHQaKdNX
Telegram: https://t.me/OOFinance
Contacts
-- OpenOcean
-- contact@openocean.finance
Photo: https://mma.prnewswire.com/media/2063589/OpenOcean_zkSync.jpg
Logo: https://mma.prnewswire.com/media/2051790/3980473/OpenOcean_Logo.jpg
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SOURCE OpenOcean
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