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QuickSwap Launches on X Layer to Boost Polygon DeFi

source-logo  beincrypto.com 06 May 2024 18:41, UTC

QuickSwap, a decentralized exchange (DEX), has officially launched on the X Layer Mainnet. It marks a pivotal moment for decentralized finance (DeFi) within the Polygon CDK network.

This strategic move introduces a new Citadel to the QuickSwap ecosystem, enhancing its capabilities and extending the Polygon CDK family of networks.

QuickSwap on X Layer Mainnet

The integration of QuickSwap on X Layer offers users seamless swap and liquidity provision capabilities, positioning it as the top DeFi experience available on the network.

It taps into the infrastructure of X Layer, a first-of-its-kind ZK-powered Layer-2 network built using Polygon CDK created by OKX. X Layer is a crucial bridge within the OKX and Ethereum ecosystems and connects to other Layer 2 networks with cost-effective and faster transactions.

This interconnectivity will improve as X Layer integrates with AggLayer, enhancing accessibility for OKX’s users of over 50 million. Users will now enjoy near-instant finality, enhanced security, and high scalability.

This partnership is instrumental in driving forward the adoption and growth of the X Layer ecosystem. Additionally, it contributes to the overall success and expansion of the Polygon and Ethereum networks.

Read more: Layer 1 vs. Layer 2: What Is the Difference?

As QuickSwap expands across the X Layer, it promises increased token pair offerings, ensuring dynamic engagement within the ecosystem. This deployment is a step in uniting the OKX and Polygon communities, pushing closer toward a unified, decentralized finance landscape.

beincrypto.com