OpenOcean Integrates with zkSync Era for Effortless Multichain Trading

OpenOcean, a DEX aggregator and web3 middleware protocol, has announced the launch and integration of their platform with the new Ethereum layer 2 zk-rollup scaling solution, zkSync era. This integration is a significant move for OpenOcean, as it aligns with the platform’s vision of a multichain future and reinforces their commitment to providing a seamless and one-stop trading solution for all Web3 users.

With the launch of its decentralized exchange aggregation service on zkSync era, OpenOcean has integrated the largest DEXs on the network, accompanied by TradingView charts.

From launch, 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 provides real-time route-splitting, analyzing and comparing multiple parameters such as price and transaction costs to determine the most efficient swap route.

This feature makes OpenOcean the best choice for users looking to maximize return when trading on zkSync, and potential trading for airdrops and giveaways.

In addition to its swap functions, OpenOcean offers their robust industry leading API and SDK 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.

This technology 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.

Looking towards the future, OpenOcean plans to further enhance support for the zkSync Era ecosystem to include more functionality such as Limit orders and cross-chain swap aggregation.

The integration of OpenOcean with zkSync era is an exciting development for the Web3 community. The partnership allows for seamless trading, deep liquidity, and low transaction costs, all while maintaining the highest levels of security and privacy.

Read Also: OpenOcean Simplifies Ethereum Staking with New Aggregator Launch

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• Source: https://alexablockchain.com/openocean-integrates-with-zksync-era/