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Rank: 67
Market Cap: $1,032,139,660
ATH: $11.24, 2021-02-25T01:17:44.288Z
Maximum supply: 1,000,000,000
Circulating supply: 175,240,000
Contract Address: 0xe4815ae53b124e7263f08dcdbbb757d41ed658c6
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.


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