1inch Network Deploys on Ethereum L2 zkSync Era

Written By:
Vismaya V

1Inch Network Deploys On Ethereum L2 Zksync Era

The leading DEX aggregator 1inch deploys the 1inch Aggregation Protocol and 1inch Limit Order Protocol on the zkSync Era, an Ethereum Layer-2 network.

According to the announcement, protocols such as GemSwap, SpaceFi, SyncSwap, and Mute are already available on the zkSync Era network via 1inch.

Users of 1inch will gain access to the services provided by the new network. The ultimate objective of zkSync Era is to achieve hyper scalability, allowing for an unrestricted volume of transactions without compromising security or incurring high costs.

zkSync Era debuted in late March 2023 which seeks to fully protect ideals like freedom, self-sovereignty, and decentralization at scale in addition to boosting Ethereum’s throughput.

Read More DeFi Updates at The Crypto Times!!



TAGGED:
Vismaya is a crypto content writer with over two years of experience in the field. With a passion for writing and research, Vismaya has made a name for herself in the crypto community with her in-depth analysis and clear explanations of complex topics.In addition to her love for writing and crypto, Vismaya is also a big fan of football and anime.