Very close to achieving all April Milestones, check what’s in progress now! April 27th

2 min readApr 27, 2021


Today’s ZKSwap status: As of 18:00 GMT on April 27, 2021

  • TVL $1522 million
  • Liquidity $898 million
  • Transaction 6333 (24 hrs transactions)

ZKSwap’s first burning will happen on 30th April. According to our economic white paper, the contract will charge 0.3% of all Layer2 Swap transaction volume as a fee, of which 0.05% will be used to burn regularly.

Substantial progress has been made last week, learn more about where are we now towards our milestones here on weekly updates, here are a few points you might be interested in:

  • Development for the V2 Alpha version is complete and under testing;
  • Deployed ZKSwap under OKEx Chain (Test) test environment;
  • Reaching partnership with Bytom blockchain to jointly promote cooperation on token liquidity, assets awareness, and the ecosystem. mBTM-related trading pairs are available on ZKSwap, with initial liquidity added;
  • Released mobile app beta version 0.1.2, and started the second round of small-scale testing;
  • ZKS is available on Coingecko;
  • gZKS will be issued this week and the governance page will be launched.

Also highlights in operational data to share as we closed our second phase PoL and PoT campaigns.

  • Total Value Locked peaked at $1.8 billion during the campaign and the TVL remained above $1.4 billion; liquidity has remained above $800 million with $1.5bn in total transactions, with hourly volume topping over $7.5m, an all-time high of the month;
  • Approximately 9k users have accessed in the last 7 days, with 5.3k new visitors.

You can now participate in our 3rd-round PoL and PoT, details here.

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