The leading DEX aggregator 1inch uses the Ethereum Layer-2 network zkSync Era to deploy the 1inch Aggregation Protocol and 1inch Limit Order Protocol.
1/ 🦄 The #1inch mascot is entering a new era of #DeFi adventures!
🙃 If you see a shiny bright portal animation on your screen with a cyber-unicorn standing next to it, you must know what it means, right?@zksync, welcome to the club 🥳🎉🎊 pic.twitter.com/QDQUSBtJd1
— 1inch Network (@1inch) April 20, 2023
According to the announcement, protocols such as GemSwap, SpaceFi, SyncSwap, and Mute are already available on the zkSync Era network via 1inch.
zkSync Era is a new network designed to achieve hyper scalability, allowing for an unrestricted volume of transactions without compromising security or costs. It debuted in late March 2023 and seeks to protect ideals like freedom, self-sovereignty, and decentralization at scale while also boosting Ethereum’s throughput.
Compiled by Coinbold