The road to L2's - OpenOcean brings Dex aggregation to zkSync Era
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The road to L2's - OpenOcean brings Dex aggregation to zkSync Era

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1 year ago

OpenOcean has integrated on zkSync Era to provide traders the best swap rate.

The road to L2's - OpenOcean brings Dex aggregation to zkSync Era

Daftar Isi

OpenOcean, the all-in-one Dex Aggregator, is proud to announce the official launch of our groundbreaking aggregation service on ZkSync mainnet. We’ve integrated the deepest liquidity sources on ZkSync including major DEX powerhouses SyncSwap, Velocore, Mute, SpaceFi, iZiSwap and GemSwap. We’re excited to be working closely with the ZK team (by Matter labs) and hope to bring the same great service and value we provide on 22 other chains to zkSync.
“We warmly welcome OpenOcean to the zkSync community. As an established multichain dex aggregator, users will be able to execute trades efficiently across different liquidity pools and reduce slippage.” — Sam, from the zkSync team.

Familiarity with OpenOcean on zkSync Era!

With OpenOcean on zkSync Era, we’ve introduced our advanced intelligent routing algorithm accompanied with charts, indicators, and the same UI you’ve come to know and love. With our routing algorithm, we can break-down and route trades through multiple DEXs and LP’s to provide users with the absolutely best swap rates for any-to-any tokens available on zkSync. To ensure optimum trading efficiency in the future, we will continually integrate more LP’s and DEXs to deepen available trade liquidity and better serve our users.

As shown in the following example, when users try a 1,000 USDC/MUTE, OpenOcean can help save $29.11 compared with using one DEX directly. This showcases the effectiveness of our platform in providing better trading opportunities for our users.

Why launch on zkSync Era?

zkSync Era is a new L2 mainnet rollup of Ethereum utilizing ZK technology which effectively multiplies the capacity and scalability of the existing network more than tenfold. The Zk in zkSync stands for ‘Zero Knowledge’ and is a new revolutionary way one party can demonstrate to another party that a statement is true without revealing any additional information, effectively solving the traditional crypto Byzantine generals problem.

All Ethereum L2’s have seen a recent meteoric rise with Optimism and Arbitrum being the biggest newcomers. We decided as soon as zkSync was announced that we wanted to be there to support token swaps as early as possible so we got to work making connections and now we’re at a place where we can offer the amazing OpenOcean swap experience on zkSync.

Get started with zkSync Era

First, make sure you have a wallet that supports zkSync, such as MetaMask. If you are not an existing zkSync user you can add zkSync to your wallet and start bridging assets such as $ETH (the gas token), using the zkSync bridge, Multichain, and cBridge to facilitate cross-chain transfers of crypto assets between chains. To learn more about how to trade on zkSync, read the guideline in OpenOcean’s docs.

The OpenOcean’s API & SDK are now available on zkSync!

We are very happy to also introduce our very powerful API and SDK which are now available for anyone to use for their own project on ZkSync. You can use our latest API v3 to perform many different tasks from quoting prices and creating wallets to swapping and balance transfers. If you are a builder on ZkSync or one of the other networks we support and are looking for a tool to help get your platform up and running, the OpenOcean advanced API or SDK might be just what you need.

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 23+ networks and 285+ deep liquidity sources. OpenOcean is building one-stop trading platform, to bring users the best swap return for decentralized crypto trading.

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