OpenOcean brings DEX aggregation to zkSync Era

• DEX aggregator OpenOcean has launched integration with the zk-rollups platform zkSync Era.
• The move allows the DeFi platform to expand its trading solution to the zkSync Era community.
• Future plans are to add support for limit orders and cross-chain swaps, OpenOcean said in a press release.

OpenOcean, a leading decentralised exchange (DEX) aggregator, has announced integration with Ethereum Layer-2 scaling solution zkSync Era.

zkSync’s ZK-rollup proofs allows for major scaling of the Ethereum network, bumping transaction throughput and cutting gas costs. ZK-rollups also help ensure user privacy and security.

Announcing the integration via a press release on Thursday, OpenOcean said zk-rollups allows it to expand its multichain, Web3-focused trading solution.

The integration also allows OpenOcean’s DEX aggregator to launch on zkSync Era, providing users with access to deep liquidity sources. This will include liquidity from across platforms such as SyncSwap, Velocore, iZiSwap, Mute, SpaceFi and GemSwap.

 “We warmly welcome OpenOcean to the zkSync community. As an established multichain dex aggregator, users will be able to execute trades efficiently across different liquidity pools and reduce slippage,” Sam, a member of the zkSync team, said in a statement.

OpenOcean plans to enhance the integration by supporting limit orders and cross chain swaps aggregation on the zkSync Era.