Noted decentralized exchange (DEX) aggregator 1inch has announced that it has deployed its 1inch Aggregation Protocol as well as its Limit Order Protocol onto zkSync Era, which is a recently-released version of Matter Labs scaling network on Ethereum. 1inch has established itself as one of the most well-known decentralized platforms thus far by successfully porting its protocol to zkSync Era.

zkSync Era, a layer-2 scaling solution that competes with Polygon’s zkEVM, announced the first major DEX participation on Wednesday. The 1inch exchange, which is presently estimated to be worth $418 million, will also make GemSwap, SpaceFi, SyncSwap and Mute protocols available on the zkSync Era network.

(By Pratik Bhuyan)