ZKSwap
ZKS

1.790
$
7.52 %
Change 24h
Market Cap
$ 394,505,000
Volume 24h
$ 39,746,800
Circulating Supply
220,450,000
Total Supply
1,000,000,000
ZKS
$
Description
What Is ZKSwap (ZKS)? ZKSwap is a Layer-2 decentralized exchange that adopts AMM model and zk-Rollup technology. It’s built on Ethereum, and aims to give traders low latency & no gas fee experiences. ZKS is the utility and governance token that is used in ZKSwap. You can try the application at zks.app. How does ZKSwap work? Through zk-Rollups technology, all ERC20 tokens are transferred to layer-2, and the consistent state of layer-1 and layer-2 is guaranteed based on continuously generated zero-knowledge proofs. This solution allows all exchanges to execute on layer-2, achieving real-time swap with zero gas fees, unlimited scalability, removing the constraint from the Ethereum’s TPS, and block confirmation time.