Decentralized exchange aggregator 1inch Network has integrated ZKsync, a layer-2 scaling solution for Ethereum, to enhance cross-chain swaps. This integration allows users to execute cross-chain swaps involving ZKsync, providing faster and cheaper transactions when moving crypto between different networks. The feature has already facilitated millions in trading volume. 1inch's system uses "resolvers" to cover network fees instead of users themselves. ZKsync offers lower gas fees and faster transaction speeds compared to Ethereum's main network while leveraging the security of the Ethereum blockchain. The network aims to reach 10,000 transactions per second and explore technologies to potentially eliminate transaction fees in the future.
Content Editor ( coindesk.com )
- 2025-02-06
DEX Aggregator 1inch Integrates ZKsync to Boost Cross-Chain Swaps
