what's SyncSwap?
SyncSwap is a decentralized exchange (DEX) built on the zkSync Era layer-2 network, leveraging zero-knowledge rollup technology to provide users with low-cost, high-speed trading while maintaining Ethereum's security. It supports token swaps, liquidity provision, and other DeFi primitives through an automated market maker (AMM) model, with features like concentrated liquidity pools for improved capital efficiency. The protocol emphasizes user-friendly interfaces and seamless cross-chain interactions, initially launching on zkSync Era and expanding to other zkEVM-compatible networks such as Scroll and Linea. SyncSwap's design focuses on accessibility, enabling easy participation in DeFi without high gas fees, and it has introduced innovations like range pools in its V3 upgrade to enhance liquidity management and yield opportunities for providers.
SyncSwap has strong multi-chain presence and consistently ranks high in L2 gas fees among DEX protocols.
Links
x.com/syncswapHas strong multi-chain presence and consistently appears near the top among DEX protocols by gas fees paid across Layer 2 networks.
Daily trading volume drops 97.5% from $20M+ to $500K across supported chains.
First airdrop announced for DEX platform operating across Linea, Scroll, and zkSync networks.
$SOPH token launches at 13:00 UTC with trading and LP features available exclusively on platform.
New liquidity incentives program offers 15%+ APR with 80,000 $ZK rewards for ETH-wrsETH LP providers.
Launching V3 on January 1st 2025 with new Range Pools feature. Operating on ZKsync network with 300M $ZK rewards ($57M) in upcoming Ignite campaign. Planning Token Generation Event (TGE) in 2025.