Pioneer cross-chain prime brokerage protocol Primex Finance announces the deployment of its recently-launched Beta version on the zkSync 2.0 testnet. Taking place at the end of October 2022, the integration will enable the project to offer users better transaction speed for margin trading on DEXs.
At the same time, traders will be able to take advantage of lower gas fees and a high level of security on Primex Beta.
As a promising solution to enhance Ethereum’s scalability, zkSync’s Layer 2 (L2) protocol leverages zero-knowledge (ZK) roll-up technology to achieve low-cost and fast transactions. Simultaneously, it inherits the first layer’s (L1) level of security with Ethereum Virtual Machine (EVM) compatibility.
Cited as the potential long-term winner of the “scaling wars” by Vitalik Buterin, ZK-rollups are in high demand among Web3 developers. As a top solution in this field, zkSync already has over 100 projects…
