What is iZiSwap

Unless you are a complete beginner, you have definitely traded on a decentralized exchange (DEX). You may have also encountered some challenges or limitations when using DEXs, such as high gas fees, slippage, MEV attacks, poor user interfaces, and lack of liquidity.

What if there was a DEX that could overcome these issues, offering a fast, secure, transparent, and user-friendly trading experience? Let’s get to know iZiSwap.

Introduction

iZiSwap is the first on-chain order book DEX on zkSync based on AMM.

iZiSwap combines the advantages of order books and automated market maker (AMM) mechanisms, creatively proposing a Discrete Liquidity AMM (DLAMM) model. It provides users with an order book trading experience similar to centralized exchanges (CEX), while maintaining 100% on-chain composability and self-custody as a decentralized exchange (DEX).

iZiSwap Homepage

Advantages

Compared to other DEXs, iZiSwap has several standout features:

Point-to-Pool and AMM Design: Users trade directly with liquidity pools instead of trading with individual orders on a CEX, reducing on-chain order book DEX trading costs and gas fees. Market makers can provide liquidity across any price range and place multiple orders in a single transaction, saving gas and improving capital efficiency.

Zero Slippage and MEV Protection: Users can trade using limit orders to avoid slippage and be protected from MEV attacks during transactions. Unlike other DEXs that use off-chain order matching engines, iZiSwap processes all transactions on-chain, eliminating trust issues associated with off-chain mechanisms.

100% On-Chain Security and Composability: Funds used for trading are non-custodial and fully on-chain, eliminating the risk of losing funds to cross-chain bridges or trading platforms. Liquidity can be easily integrated into aggregators. Users can also use NFTs as proof of liquidity to participate in staking, lending, or other scenarios.

User-Friendly Interface: The front-end UI of iZiSwap mimics the experience of CEX trading, including watchlists, price charts, order management, and more. Users can easily find their ideal trading prices and conveniently manage their assets.

Platform

iZiSwap launched on zkSync in 2022.

zkSync is a ZK-rollup solution that enables fast, cheap, and secure transactions based on Ethereum. Through zkSync, iZiSwap enhances its scalability, security, and transparency to support more assets and provide more users with convenient and low-cost services.

Conclusion

iZiSwap is a groundbreaking innovative DEX, drawing on the strengths of both worlds: the user-friendly experience of CEXs and the security of DEXs. As a pioneer in DeFi, it actively embraces decentralization and demonstrates strong innovation. If you want to experience a fast, secure, transparent, and excellent trading DEX, you should try iZiSwap. **$ZKJ **$ZKL **$ZKC **