Revealed: June 20, 2024 at 8:25 am Up to date: June 20, 2024 at 8:25 am
Edited and fact-checked:
June 20, 2024 at 8:25 am
In Transient
zkLink partnered with ApeX to launch ApeX Omni, an aggregated multichain liquidity buying and selling framework primarily based on a modular structure.
Developer of zero-knowledge (ZK) blockchain options, zkLink introduced it has partnered with the decentralized change (DEX) platform ApeX to launch ApeX Omni, a multi-chain orderbook perpetual DEX.
ApeX is a non-custodial buying and selling platform offering cross-margined perpetual contracts inside a brand new social buying and selling framework for its group. Its objective is to supply intensive entry to the perpetual swaps market by way of its order e-book mannequin, emphasizing velocity, effectivity, safety, and transparency relating to merchants’ property.
The brand new ApeX Omni represents an aggregated multichain liquidity buying and selling framework primarily based on a modular, intent-centric structure. It delivers an expertise tailor-made to specific wants of the people utilizing it. Moreover, ApeX Omni presents a decentralized buying and selling setting that includes aggregated liquidity and a wide range of buying and selling merchandise. Moreover, it gives an economical resolution with a multichain buying and selling interface, much like that of centralized exchanges.
ApeX Omni helps speeds of three,000 transactions per second with as much as 100x leverage on ETH and BTC, zero gasoline charges, low slippage, minimal taker charges of two.5 foundation factors, and no maker charges. Moreover, it accepts deposits from numerous blockchains, together with Arbitrum, Binance Sensible Chain, and Ethereum.
In response to its roadmap, it plans to introduce a spot buying and selling platform, pre-market buying and selling for perpetual pairs, group vaults for liquidity provision, and a social buying and selling platform facilitated by Soul Certain Tokens (SBTs).
ApeX Omni Enhances Multichain Buying and selling With zkLink Partnership
By partnering with zkLink it presents a platform the place people have an opportunity to entry and commerce native tokens from numerous Layer 1 and Layer 2 networks by way of a single, unified interface.
It employs zkLink’s zkLink X know-how for transaction execution and settlement. Utilizing ZK proofs, zkLink X ensures that transactions are processed rapidly and securely, providing a seamless buying and selling expertise all through numerous blockchains.
zkLink develops ZK scaling options for the Ethereum ecosystem. Its major resolution, the Aggregated Layer 3 zkEVM rollup community zkLink Nova, goals to attach numerous Layer 2 rollup ecosystems to cut back liquidity fragmentation whereas enhancing safety and scalability by way of ZK proofs. After its launch in 2021, zkLink secured investments from a variety of backers, together with Republic Crypto, Arrington Capital, DeFi Alliance, and Huobi Ventures.
Lately, zkLink Nova built-in with zkEVM rollup Scroll to enhance capital effectivity and inter-chain connectivity for Scroll customers.
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About The Creator
Alisa, a devoted journalist on the MPost, focuses on cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising traits and applied sciences, she delivers complete protection to tell and have interaction readers within the ever-evolving panorama of digital finance.
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Alisa Davidson
Alisa, a devoted journalist on the MPost, focuses on cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising traits and applied sciences, she delivers complete protection to tell and have interaction readers within the ever-evolving panorama of digital finance.
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