QuickSwap, a decentralized trade (DEX), has formally launched on the X Layer Mainnet. It marks a pivotal second for decentralized finance (DeFi) throughout the Polygon CDK community.
This strategic transfer introduces a brand new Citadel to the QuickSwap ecosystem, increasing its capabilities and increasing the Polygon CDK community household.
QuickSwap on X Layer Mainnet
The mixing of QuickSwap on X Layer offers customers with seamless swap and liquidity provisioning capabilities, positioning it as the perfect DeFi expertise accessible on the community.
It makes use of the infrastructure of X Layer, a novel ZK-powered Layer-2 community constructed utilizing Polygon CDK created by OKX. X Layer is an important bridge throughout the OKX and Ethereum ecosystems, connecting to different Layer 2 networks with cost-effective and quicker transactions.
This interconnectivity will enhance as X Layer integrates with AggLayer, enhancing accessibility for OKX’s customers of greater than 50 million. Customers will now take pleasure in near-instant finality, enhanced safety and excessive scalability.
This partnership performs an essential function in driving the adoption and development of the X Layer ecosystem. Furthermore, it contributes to the general success and enlargement of the Polygon and Ethereum networks.
Learn extra: Layer 1 vs. Layer 2: What is the distinction?
As QuickSwap expands throughout the X tier, it guarantees a larger provide of token pairs, making certain dynamic engagement throughout the ecosystem. This implementation is a step in uniting the OKX and Polygon communities, transferring nearer to a unified, decentralized monetary panorama.